M&A
M&A
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Capital One has grown its commercial and industrial loans by double digits over the past year, but CEO Richard Fairbank is prepared to pull back if the battle for business clients becomes any more intense.
December 6 -
Two fans will be headed to the Super Bowl in New Orleans thanks to EverBank Financial, whose CEO, Robert Clements, is a Big Easy native who loves football.
December 6 -
First Business Financial Services in Madison, Wis., will raise up to $25.3 million through a common stock offering.
December 6 -
TD Bank Group has agreed to buy asset management firm Epoch Holding (EPHC) for $668 million in cash, giving the Canadian company the U.S. asset manager it had been looking for.
December 6 -
Federal securities regulators have charged a Wells Fargo (WFC) investment banker with fostering an insider-trading scheme that netted at least $11 million.
December 6 - PSO content
Bank profits reached a six-year high in the third quarter — and the increase in the bottom line wasn't just coming from declining provisions for loan losses.
December 6 -
Put aside the "doom and gloom" about the fiscal cliff and focus on the things banks having going for them in the long run, BB&T CEO Kelly King urges.
December 5 -
The Treasury Department raised more than $7 million from the sale of nearly 5.8 million warrants to purchase common stock in Zions Bancorp. (ZION).
December 5 -
Pacific Premier Bancorp (PPBI) in Costa Mesa, Calif., will raise roughly $30 million through a public offering of common stock.
December 5 -
BB&T in North Carolina and EverBank in Florida plan to focus primarily on integrating what they have already bought and organic growth, their CEOs said Wednesday.
December 5 -
New York's top financial services regulator is requiring the mortgage servicer to install a monitor for two years to oversee the company's practices, the state's Department of Financial Services announced Wednesday.
December 5 -
Solera National Bank in Lakewood, Colo., has recruited a team of 40 residential mortgage lenders as it starts to fulfill promises of growth after a regulatory setback.
December 5 -
New CEO Michael Corbat will cut 11,000 jobs, largely in Citi's global consumer banking division. The plan suggests Citi is hedging its strategy of being an omnipresent, upper-tier player in emerging markets.
December 5 -
A breakdown of M&A announcements in the financial services industry for the week ended Dec. 1.
December 5 -
The Stamford, Conn. financial services consultancy said it is acquiring Javelin for its work in mobile and multichannel banking, payments, security and fraud, among other expertise.
December 4 -
U.S. Bancorp will raise reserves for bad mortgages in response to a directive from Freddie Mac, CEO Richard Davis said. He also foresees a "difficult" next year in banking, and is cautious on M&A.
December 4 -
Alliance Bankshares' sale to WashingtonFirst Bankshares has been approved by regulators and endorsed by proxy advisory firms, but now comes the hard part: reaching its far-flung investor base.
December 4 -
Wells Fargo is still evaluating potential acquisitions, but the opportunities presented by the Euro crisis may no longer be available, according to the company's CEO.
December 4 -
The $630 million-asset company has agreed to buy Potomac Mortgage Group in northern Virginia for $19 million in cash and stock.
December 4


