M&A
M&A
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The bank looks at every opportunity to expand in the U.S. through organic growth or acquisition and will consider them all as they become available, the head of Toronto-Dominion Bank’s U.S. operations says.
October 14 -
Chase Payment Solutions combines Chase Merchant Services with WePay, a fintech the bank bought in 2017, to provide more tailored offerings — such as card acceptance without a merchant account — to entrepreneurs.
October 14 -
Executives at Umpqua Holdings and Columbia Banking System said the deal could progress more slowly than usual because of a perceived approval backlog at the Federal Reserve. The two Pacific Northwest-based banks are seeking to combine into a $50 billion-asset company.
October 12 -
Columbia Banking System would be the surviving holding company and retain its Tacoma, Washington, headquarters and the banking unit would be based in Portland, Oregon, and operate under the Umpqua Bank brand.
October 12 -
Acquiring Watonga, which runs Cornerstone Bank, would raise the buyer's asset size to roughly $1.4 billion.
October 7 -
An Indiana housing nonprofit wants the Fed to take a closer look at the proposed merger. Its latest move is a lawsuit that alleges racial discrimination by the regional bank.
October 7 -
In addition to merger work and a data center consolidation, Guild’s combined team has been busy with several major tech initiatives this year.
October 6 -
The prepaid card issuer disclosed that it failed to get the Federal Reserve’s approval for its $165 million acquisition of a Republic Bank unit. The deal’s termination prompted a lawsuit by the seller.
October 5 -
The Onondaga, New York-based buyer agreed to pay $82.8 million for Elmira Savings Bank.
October 4 -
The acquisition of Sabal Capital Partners, which has been growing its footprint in commercial mortgage-backed securities lending, will help the Alabama bank build out its capital markets business.
October 4 -
Eagle said it would pay $41.3 million for First Community Bancorp. It would be the bank's fourth purchase of a Montana bank since 2018.
October 1 -
The companies said they are still waiting for the Federal Reserve to approve the deal, which was announced nearly a year ago and was scheduled to close by Oct. 15. The new deadline is March 1.
September 30 -
The company has agreed to buy Fortune Financial, which would give it a toehold in the St. Louis area.
September 30 -
The $63 million-asset Texas Federal Credit Union in Dallas is combining with the $1.6 billion-asset Texas Trust Credit Union in nearby Arlington.
September 30 -
The cash and stock deal, which is expected to close early next year, would nearly triple the number of branches Mississippi-based BancPlus has in the greater New Orleans area.
September 30 -
Stifel Financial agreed to buy the fixed-income brokerage Vining Sparks and its affiliates, adding about $150 billion in annual trading volume and further bulking up its banking-advisory capabilities.
September 29 -
U.S. Bancorp, M&T Bank, Citizens Financial are among the regionals that are buying smaller competitors in an effort to achieve greater scale.
September 28 -
Chief Information Officer Scott Case and his staff are building patent-pending technology to transfer data from legacy BB&T and SunTrust systems to new digital channels while preserving the best of each company's platforms elsewhere.
September 27 -
The Boston company is set to become the nation’s largest custody bank after paying a premium for a Brown Brothers Harriman unit. Executives and analysts say Brown Brothers may have been the last chance for any of the country's major custodians to achieve meaningful growth through M&A.
September 24 -
The deal would propel New York-based Valley National into the ranks of the nation's 30 largest banks.
September 23















