M&A
M&A
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Toronto-Dominion Bank Chief Executive Bharat Masrani said he’s still interested in a major acquisition to add to the firm’s U.S. retail operations, and that he’s unfazed by the recent valuation surge for the regional lenders that would be his most likely targets.
April 1 -
The Texas company has agreed to acquire HubTran, which offers artificial intelligence and machine learning capabilities for the transportation sector.
April 1 -
The California company will gain $4 billion of low-cost deposits with its $250 million acquisition of the homeowners association services division.
April 1 -
Heritage Southeast Bank in Georgia, at $1.6 billion of assets, would become the largest bank to be sold to a credit union.
April 1 -
United Neighbors Federal Credit Union holds just $4.4 million of assets, but the addition will help broaden SeaComm's branch network and expand its member base.
March 31 -
Two decades ago, before Jamie Dimon & Co. towered over the industry, the sale of JPMorgan to Chase Manhattan was seen by some as the downfall of the most prestigious U.S. bank. In a new book, Nicholas P. Sargen, a former economist there, offers a cautionary tale of a management team that did many things right yet failed to avoid a takeover.
March 31 -
Business First Bancshares is counting on its acquisition of Smith Shellnut Wilson to help it offer more advisory services to commercial clients.
March 30 -
Peoples Bancorp will pay $292 million for the West Virginia company. It also announced it's buying a leasing company in Vermont.
March 29 -
Fiserv has agreed to acquire processor Pineapple Payments in a move that will expand its current distributor partner relationship to help its Clover platform while also picking up the payment processing for Pineapple's current customer base.
March 26 -
A planned combination of Maine State Credit Union in Augusta and Midcoast Federal Credit Union in Freeport has been nixed despite receiving approval from regulators.
March 25