M&A
M&A
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Acquiring the U.K. bank’s East Coast branches and online-only bank is “great for our balance sheet, great for our physical footprint” and will accelerate the growth of Citizens’ own direct bank, says Chief Executive Bruce Van Saun.
May 27 -
The seemingly expensive acquisition of Aquesta Financial Holdings is the cost of expanding in North Carolina's largest city.
May 27 -
Advocates for depositor-owned banks want regulators to block the combination of a one-branch thrift and Minnesota’s largest credit union, for fear it will lead to similar deals.
May 27 -
The London-based banking giant is selling 90 of its branches and shuttering about three dozen more. The 20 or so branches it is retaining will be transformed into international wealth centers.
May 26 -
A New York court ordered the freezing of $560 million in assets held by entities controlled by Renren CEO Joseph Chen, Softbank Group and others, an amount pegged to a stake in the personal finance startup Social Finance, which is slated for a blank-check merger this week.
May 26 -
The Indiana company is buying 14 branches that Huntington Bancshares is divesting as a condition of its deal to buy TCF Financial.
May 26 -
With rock-bottom rates suppressing interest income, some buyers are looking beyond traditional M&A and striking deals for asset managers, insurance firms and other businesses that generate the bulk of their revenue from fees.
May 25 -
GreenState Credit Union's agreements to buy community banks in Illinois and Nebraska renewed the debate over whether federal tax exemption gives credit unions an unfair competitive advantage.
May 25 -
As both e-commerce and payment fraud accelerate, Sift is strengthening its digital protection platform by acquiring Chargeback, a real-time dispute management provider.
May 25 -
The target is among the top-performing banks in Utah and the only bank in a five-state region with assets between $3 billion and $10 billion.
May 19 -
Deutsche Bank must be ready for possible acquisitions once consolidation in European banking accelerates, CEO Christian Sewing said, the clearest hint yet that he’s considering deals again halfway through his four-year turnaround program.
May 19 -
American State would be the largest bank buyout for Equity, which has acquired 17 banks since 2003.
May 17 -
Ride-hailing and payments giant Gojek agreed to combine with e-commerce pioneer PT Tokopedia to create the largest internet company in Indonesia, before seeking a stock-market debut at home and in the U.S.
May 17 -
The purchase is one of several moves the payment company has made to improve its identity expertise.
May 14 -
In letters to regulators and lawmakers, bankers and their trade groups argued that deals like Vystar Credit Union's proposed acquisition of a small Georgia bank could result in less community development lending and declines in federal tax receipts.
May 14 -
The deal should allow the prepaid card issuer to expand its footprint in a business it entered seven years ago.
May 14 -
The company partners with merchants to use their fulfillment systems to allow consumers to send back unwanted merchandise.
May 13 -
FinTrust Capital Partners in South Carolina has $2 billion of assets under management.
May 13 -
Princeton Portfolio Strategies Group would become the sixth asset management business that the New Jersey banking company has bought since 2014.
May 13 -
The bank tech firm needs licenses and partners in multiple nations — a monumental task that promises to take years.
May 13
















