Voyager Digital Ltd. won court approval to sell its crypto platform to Binance.US for $20 million as part of Voyager's plan to liquidate in bankruptcy.

The green light from the FDIC marks the end of the acquisition's final regulatory hurdle. The banks expect the deal to close by the end of February.

4Front Credit Union in Traverse City has agreed to buy Old Mission Bank in Sault Sainte Marie. There were 16 such acquisitions announced in 2022.

The deal would create a $3.2 billion-asset bank with branches in four states, including an expanded presence in Texas.

Credit Suisse Group is close to an agreement to buy Michael Klein's advisory boutique after several rounds of tense negotiations, according to people briefed on the talks.

The Tupelo, Mississippi-based institution hasn't made a bank deal since 2018, but it has acquired two asset-based lenders in the past 10 months.

The Securities and Exchange Commission is pushing back on Binance.US's plan to buy the bankrupt crypto lender Voyager Digital, a deal valued at about $1 billion, according to a bankruptcy court filing.

Land of Lincoln Credit Union in Decatur has agreed to acquire Colchester State Bank in Colchester.

This year saw far more abandoned deals than the previous one. The list includes State Street's abandoned purchase of Brown Brothers Harriman Investor Services and FVCBancorp's failed merger with Blue Ridge Bankshares.

Despite a slow year overall, banks announced several substantial merger and acquisitions in 2022.

The $23 million deal, announced more than a year ago, was terminated following regulatory delays.

A consumer financial-health checkup from the CFPB, a Mid Penn M&A deal in Jersey and more in banking news this week.

In his first American Banker interview since becoming CEO two years ago, Thomas Cangemi talks about the company's transformation into a full-service commercial bank now that it has completed its twice-delayed acquisition of Flagstar Bancorp.

Credit unions announced 15 deals for banks in 2022, surpassing 2021's total — with much of the momentum coming late in the year.

Rivertown Community Federal Credit Union and Allegan Credit Union in Michigan will join forces in January under their shared boss, Kris Lewis.

Alabama One said the deal for First Bank of Wadley, a subsidiary of Peoples Independent Bancshares in Boaz, Alabama, would expand its footprint in the eastern part of the state.

Banks, fintechs and credit unions are cautiously investing in technology and customer experience as next year's economy remains uncertain.

Banco Bradesco, Brazil's second-biggest bank by market value, plans to buy more minority stakes in tech companies to accelerate its expansion in the United States.

Dicier credit conditions, recession fears and tougher regulatory scrutiny combined to weaken merger activity in 2022. A push for scale is bound to resume when interest rates level off — at least among smaller banks, analysts say.

The business being sold to Madison Dearborn Partners provides trustee and administrative services to asset managers and retirement plans.