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Mergers and acquisitions have gained steam in early 2014. Here is a rundown of the whole-bank deals, shedding of noncore businesses and swapping of securities so far this year.
Carolina Domino Effect?
VantageSouth in Raleigh, N.C., and Yadkin Financial in Elkin, N.C., announced plans in late January for a $300 million merger. VantageSouth CEO Scott Custer will lead the bank. The MOE is expected to force other North Carolina banks to decide whether to become buyers or sellers.