M&A
M&A
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Regional banks did a much better job of expanding revenue than their megabank counterparts in the third quarter, but they had to spend more to do so and risk angering investors in a tight-margin environment.
October 15 -
The North Carolina company has signed up 70,000 people for its U platform, which debuted last month and could help it pare back its branch network over time. BB&T is already looking to add quarterly credit scores to the portal.
October 15 -
Craig Dahl has played a key role transforming the Minnesota company from a local lender driven by fees to one with national lending platforms. He discusses those moves, and the future of banking, in a wide-ranging interview.
October 15 -
KeyCorp in Cleveland posted higher third-quarter profits as revenue soared on growth in fee income from its investment banking business.
October 15 - Florida
Seacoast Banking Corp. of Florida in Stuart has agreed to buy the Orlando, Fla., banking operations of BMO Harris Bank.
October 15 -
Westamerica Bancorp. will close its branch in Upper Lake, Calif., after a failed effort to find another financial institution to take over the branch.
October 15 -
Synchrony Financial has received regulatory approval for moves that will let the credit card lender cut ties with its longtime parent, General Electric.
October 15 - North Carolina
BB&T in Winston-Salem, N.C., posted solid third-quarter results that reflected organic loan growth and its purchase of Susquehanna Bancshares in Lititz, Pa.
October 15 -
CVB Financial in Ontario, Calif., has agreed to buy County Commerce Bank in Oxnard, Calif.
October 15 -
Square, the mobile-payments company founded and led by Twitter Chief Executive Officer Jack Dorsey, filed for an initial public offering.
October 14 -
Forget the San Francisco bank's pedestrian bottom line this quarter the real things to focus on are its revenue growth and the reasons behind it.
October 14 -
Bank of America's long effort to become a slimmer, more profitable retail bank could be starting to pay off. In a tough quarter for revenue growth, its consumer banking division gained traction thanks to branch consolidation, investments in mobile banking and other factors.
October 14 -
As the interest-rate can gets kicked down the road once again, PNC Financial Services Group's Bill Demchak plans to play along.
October 14 -
It has been more than a year since Monterey Credit Union submitted paperwork to become a state-chartered bank. Have regulators "raised the price of admission" by insisting on healthier metrics from credit unions?
October 14 -
Wells Fargo posted a third-quarter profit that beat analysts estimates on gains in interest income from asset purchases and new loans.
October 14 -
A breakdown of M&A announcements in the financial services industry for the week ended October 10.
October 13 -
Community Bank Holdings of Texas in Corsicana has agreed to buy StarBanc Holding in Fort Worth.
October 13 -
Madison County Financial in Madison, Neb., has bought a bank and insurance agency in Winside, Neb.
October 13 -
Executives at United Community in Georgia say they have a list of 50 targets as the company nears $10 billion in assets. A large transformative deal would also be considered.
October 13 -
IDology, an Atlanta provider of fraud-prevention and identity verification, has made an equity investment in the mobile identity authentication provider Payfone.
October 13






