M&A
M&A
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Banks, fintechs and credit unions are cautiously investing in technology and customer experience as next year's economy remains uncertain.
December 19 -
Banco Bradesco, Brazil's second-biggest bank by market value, plans to buy more minority stakes in tech companies to accelerate its expansion in the United States.
December 19 -
Dicier credit conditions, recession fears and tougher regulatory scrutiny combined to weaken merger activity in 2022. A push for scale is bound to resume when interest rates level off — at least among smaller banks, analysts say.
December 19 -
The business being sold to Madison Dearborn Partners provides trustee and administrative services to asset managers and retirement plans.
December 19 -
The crypto exchange Binance.US will buy Voyager Digital's assets out of bankruptcy in a deal worth $1.022 billion, a discount to an earlier, failed sale struck with FTX.
December 19 -
Banks, fintechs and advisors are cautiously pushing investments next year to keep up with industry expectations.
December 19 -
A group of shareholders in the Dubuque, -Iowa-based bank, including a former chairman and CEO, have agreed to quit advocating for a sale of the $19.7 billion-asset company
December 16 -
In the third CU-bank deal announced in the past 10 days, LGE Community Credit Union in Atlanta would acquire Greater Community Bank in Rome, Georgia.
December 16 -
The banks advertised the transaction as a merger of equals, but Shore shareholders would own 60% of the company.
December 15 -
Dort Financial Credit Union in Grand Blanc, Michigan, has agreed to buy Flagler Bank in South Florida. The deal would allow Dort "to better serve our members who spend winters in Florida," its CEO says.
December 14