M&A
M&A
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The Federal Reserve Bank of New York has named Helen Mucciolo its executive vice president, principal financial officer and head of its corporate group.
July 7 -
A credit review, along with concerns about certain change-in-control agreements, led Southwest Bancorp last summer to terminate a letter of intent to buy First Commercial Bancshares. The banks revisited the deal months later at a lower premium after First Commercial addressed the issues.
July 7 -
Premier Financial Bancorp in Huntington, W. Va., has agreed to buy First National Bankshares in Ronceverte, W. Va.
July 7 -
Twelve of the largest financial firms provided more information than they did last year in the public versions of their plans for breaking themselves up in a financial catastrophe, but whether they have done enough to reassure regulators won't be known for months.
July 6 -
Suffolk Bancorp in Riverhead, N.Y. has promoted Anita J. Nigrel to executive vice president and chief retail officer, a newly created position, effective Monday.
July 6 -
A breakdown of M&A announcements in the financial services industry for the week ended July 4.
July 6 -
National Bank Holdings in Greenwood Village, Colo., plans to repurchase as much as $100 million of its common stock.
July 6 -
Yadkin Financial in Elkin, N.C., will pay its former leader $2.2 million over the next year as part of an ongoing management transition.
July 6 -
First National Bankers Bankshares in Baton Rouge, La., has agreed to buy Independent Bankers' Bank of Florida for $1.9 million.
July 2 -
Providence Bank in Columbia, Mo., has acquired Community First Bancorp in Fairview Heights, Ill.
July 2 -
The former FDIC chairman said during a recent conference call that banks with a traditional model essentially community banks have been hurt by the Fed's interest rate policy and the trickle-down tactics of regulation.
July 2 -
First Choice Bank, in Cerritos, Calif., has raised $30 million from a secondary stock offering.
July 2 -
Cyber threats or fraud may present bigger direct risks to banks, but many chief risk officers spend enormous amounts of time on the more tangible concern of keeping up with ever-growing regulatory expectations and requirements.
July 1 -
PayPal has agreed to acquire Xoom for $890 million, as the consumer payments company looks to expand into the international remittances business.
July 1 -
Anchor BanCorp Wisconsin in Madison said it expects to save about $5.4 million yearly after it completed an employee buyout, sold a branch, closed six branches and introduced a new branch staffing model.
July 1 -
Riverview Financial in Harrisburg, Pa., has promoted its president to chief executive after its previous CEO retired, and delayed its planned acquisition of a western Pennsylvania community bank.
July 1 -
BancorpSouth in Tupelo, Miss., has again extended the deadline to complete its acquisitions of Central Community in Temple, Texas, and Ouachita Bancshares in Monroe, La.
July 1 -
Nearly 85% of the acquisitions announced this year have involved sellers with $500 million or less in assets. Investment bankers expect more of the same in the final six months of this year.
July 1 -
BB&T in Winston-Salem, N.C., has provided five top executives with nearly 3 million reasons to successfully integrate Susquehanna Bancshares in Lititz, Pa.
July 1 -
Citizens Financial in Mansfield, Pa., has agreed to buy First National Bank of Fredericksburg in Pennsylvania.
July 1



