M&A
M&A
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Wings Financial Credit Union in Apple Valley, Minnesota, has agreed to buy Settlers Bank in DeForest, Wisconsin. It's the third bank acquisition deal Wings has announced, one of which fell through.
November 2 -
Binance Holdings founder and CEO Zhao "CZ" Changpeng, who last month said the crypto exchange may spend more than $1 billion on deals this year, is considering targets including banks as the boundary between the digital-asset industry and traditional finance blurs.
November 2 -
The Office of the Comptroller of the Currency has approved New York Community Bancorp's proposed acquisition of Flagstar Bancorp, the companies announced Friday. The banks are extending the deal deadline to Dec. 31 as they continue to seek the green light from the Federal Reserve.
October 28 -
Republic Bancorp said it would pay $51 million in cash for CBank and its subsidiary Commercial Industrial Finance.
October 27 -
Eighteen months after the $2.6 billion deal was announced — and five days before the Oct. 31 deadline — New York Community is still waiting for regulatory approval to buy the Michigan bank. On their joint earnings call, the companies wouldn't say where the deal stands.
October 26 -
The green light from the central bank is the latest in a series of approvals of billion-dollar bank mergers. However, the Columbia-Umpqua deal is still waiting on a thumbs-up from the Federal Deposit Insurance Corp.
October 25 -
The all-stock acquisition of Limestone Bancorp in Louisville would give the buyer an additional $1.5 billion of assets and 20 branches in the Bluegrass State.
October 25 -
The addition of investment bank Capstone Partners and the wider geographic footprint that resulted from the acquisition of TCF Financial helped drive a 58% increase in net income during the third quarter.
October 21 -
U.S. Bank's new M&A closing date, and new rewards card, and more in banking news this week.
October 21 -
Grupo Financiero Banorte is out of the running for the purchase of Citigroup's Banamex Mexican unit.
October 21 -
The Cincinnati bank reported strong growth from Dividend Finance, which offers renewable energy loans, and Provide, which lends money to health care professionals. The two units were bright spots as the company's net income dropped by 7.2%.
October 20 -
The Washington-based bank is looking to create a Pacific Northwest powerhouse by acquiring Umpqua. The companies are waiting for green lights from the Federal Deposit Insurance Corp. and the Federal Reserve.
October 20 -
Bank of Princeton in New Jersey said it would pay $25 million in cash to acquire Noah Bank, whose former CEO was convicted on charges that included bank bribery and theft.
October 20 -
Citizens Financial said it would pay $67.4 million to buy HV Bancorp, the holding company for Huntingdon Valley Bank, in a bid to expand in Greater Philadelphia.
October 19 -
The parent of City National Bank of West Virginia said it would pay $61 million in stock to acquire Citizens Commerce Bancshares.
October 19 -
The Boston company said Tuesday that its $3.5 billion acquisition of Brown Brothers Harriman's investor service business is facing pushback from regulators. The deal's completion is now in doubt even though State Street has come up with a number of modifications, including lowering the purchase price.
October 18 -
The potential sale comes as Credit Suisse prepares to unveil a turnaround to investors next week. The bank is looking to simplify and pare down following scandals and losses.
October 17 -
ING said it is aware of the Payvision probe but is not itself a subject of this investigation.
October 17 -
Third-quarter results at the Minneapolis bank were powered by loan growth and rising interest rates, partially offset by lower noninterest income. Shortly after the company released its earnings report, it received regulatory approval for its acquisition of MUFG Union Bank.
October 14 -
The regulators laid out several measures that would change how large but not global systemically important banks capitalize and structure themselves.
October 14




















