A Texas banking company formed two years ago to acquire distressed or failed banks is buying its first healthy bank.

Intuit announced that Bottomline Technologies will acquire the commercial banking business of its Intuit Financial Services unit.

The threat of an economic setback is real despite general optimism, warns Joseph Ficalora, the chief executive of New York Community Bancorp.

Debt buyer Asset Acceptance Capital Corp., based in Warren, Mich., reported better-than-expected quarterly results, led by a strong growth in cash collections.

A breakdown of M&A announcements for the last week

On Feb. 29 one of the members of the Federal Open Markets Committee, Dallas Fed President Richard Fisher, called for the breakup of the top five U.S. Banks.

Eagle Bancorp of Bethesda, Md., has opened its fourth office in northern Virginia and is planning to establish a fifth later this year.

The crackdown on derivatives seems to be fueling these special securitized loan transactions, and banks like Wells Fargo and SunTrust stand to gain.

TDX Group, a data and technology debt services firm in the United Kingdom, announced Monday it has acquired the assets of Credit Account Management (CAM) from Interlaken Group for an undisclosed sum.

Fifth Third Bancorp has established a small venture-capital fund to invest in emerging companies that typically do not qualify for bank loans.

United Western Bancorp Inc. in Denver has filed for chapter 11 bankruptcy in a move that would allow the company more time to pursue its lawsuit against federal regulators for seizing its thrift in January 2011.

Pioneer Bank in Roswell, N.M., is expanding its reach in the Lone Star state with a deal to buy two branches in El Paso, Texas, from Washington Federal Inc. in Seattle.

Perhaps readying itself for further expansion, Iberiabank Corp. in Lafayette, La., has filed a shelf registration with the Securities and Exchange Commission that would allow it to quickly raise capital for use in pursuing deals.

TCF Financial Corp. in Wayzata, Minn., said in a regulatory filing that it will buy about $805 million in deposits from a unit of insurer Prudential Financial Inc.

There are few clear home runs when it comes to acquisitions in Florida. Controversy with would-be sellers such as BankAtlantic and BankUnited only serve to highlight issues facing regional banks that want to bulk up in the state.

First Community Bancshares' $40.6 million deal for Peoples Bank of Virginia shows how deals can get done in the slow M&A market and that some can be very simple.

PennyMac founder and former Countrywide president Stanford L. Kurland has taken his share of criticism for helping to start the financial crisis. Now he is singing the praises of the government's latest attempt to fix it.

First Community Bancshares Inc. in Bluefield, Va., is bulking up in the Richmond market with a deal to acquire the $286 million-asset Peoples Bank in Virginia for about $40.6 million in cash and stock.

GFA Federal Credit Union of Gardener, Mass., has agreed to acquire Monadnock Community Bank, a troubled former credit union located in nearby Peterborough, N.H., in the second credit union deal for a bank over the past few months.

Emboldened by the high premium PNC paid for some Tampa branches, BankAtlantic's Alan Levan demanded a lot for the thrift and got it from BB&T, according to a judge's order this week that blocked BankAtlantic's sale.