M&A
M&A
- Illinois
First Midwest Bancorp in Itasca, Ill., has agreed to buy Peoples' Bank of Arlington Heights in Illinois.
September 22 -
Lloyd Blankfein, chief executive officer of Goldman Sachs Group, said he has a highly curable form of lymphoma and will undergo chemotherapy over the next several months.
September 22 -
Wells Fargo has seven women on its 16-member board, a 44% ratio that is twice that of the average top 25 bank. It got there, in large part, by looking beyond C-suites for qualified directors.
September 22 -
Kent Wiechert, owner of Weststar Mortgage in Albuquerque, N.M., has acquired Goldwater Bank in Scottsdale, Ariz.
September 21 -
Atlantic Capital Bancshares in Atlanta plans to issue $50 million in subordinated debt to finance its acquisition of First Security Group in Tennessee.
September 21 -
Fidelity Bank in Fuquay-Varina, N.C., has agreed to buy a branch from First Citizens BancShares.
September 21 -
It could take six months or more before people who deal in collateralized loan obligations receive more explicit regulatory guidance on "skin in the game" rules.
September 21 -
Peoples State Bank in Albia, Iowa, has agreed to acquire a branch from Iowa City's MidWestOne Bank.
September 21 -
California Bank of Commerce in Lafayette, Calif., has agreed to buy Pan Pacific Bank in Fremont, Calif.
September 21 -
Two banks with labor ties Amalgamated Bank of Chicago and United Business Bank in Oakland are beginning to aggressively court commercial clients.
September 18 - North Carolina
BB&T will close a loan-processing center in Hagerstown, Md., which it obtained from its acquisition of Susquehanna Bancshares.
September 18 - Tennessee
First Horizon National in Memphis, Tenn., has received regulators' approval to acquire TrustAtlantic Financial, after it delayed the closing date.
September 18 -
The Stamford, Conn.-based credit card issuer expects to be independent by the end of the year, and predicts that it will benefit from its separation from General Electric.
September 17 -
Fundera, which runs a website where small-business owners can shop for loans, has raised $11.5 million in new equity funding.
September 17 -
BankUnited in Miami Lakes, Fla., will book a $50 million income-tax benefit in the third quarter.
September 17 -
The third quarter ends in two weeks, and top executives at Citigroup, Wells Fargo, and two regional banks are raising concerns about cost pressures, impediments to revenue growth and heightened lending risks.
September 16 -
The $3.4 billion-asset company plans to use the proceeds for general corporate purposes, possible acquisitions and capital investments in Bridgehampton National Bank.
September 16 -
A Federal Reserve decision is expected soon on M&T's long-delayed application to buy Hudson City Bancorp. M&T would still get strategic benefits it sought, but Hudson City has shrunk and become less profitable since it agreed to sell three years ago, and the cost of the deal has risen.
September 16 -
CircleBack Lending, a Boca Raton, Fla., marketplace lender, has completed a $17.4 million round of equity financing.
September 16 -
Iberiabank in Lafayette, La., plans to close eight branches in Louisiana, Alabama and Florida.
September 16




