M&A
M&A
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Capital is just not an issue for these banks. All the capital they may ever need is a phone call and wire transfer away.
November 19 -
A breakdown of M&A announcements in the financial services industry for the week ended November 17.
November 19 -
Joe Slavens, the CEO of Northwest Bank & Trust in Iowa, has diversified to cope with weakening loan demand in the Quad Cities. He's got plans for dealing with higher taxes and other community bank challenges.
November 19 -
TSYS in Columbus, Ga., would be able to offer a rival to Square's mobile card reader and tap a new market of small merchants once it completes its acquisition of ProPay.
November 19 -
The growth in hedge funds, private equity firms and other entities outside the regular banking system is leading one global group to call for stricter oversight of non-bank entities.
November 19 -
Ally Financial Inc., the lender majority-owned by the U.S., is in advanced talks to sell some international auto-finance businesses to General Motors Co. for $4 billion, two people with knowledge of the matter said.
November 19 -
WASHINGTON — State regulators in Georgia closed the $125 million-asset Hometown Community Bank in Braselton late Friday, stretching the industry's failure toll this year to 50.
November 16 -
An effort to overhaul commercial bankruptcy laws is in its early stages, and creditors in the syndicated loan market sense a threat to some of their most important tools for guarding collateral.
November 16 -
The Lansing, Mich., company has a confirmation hearing on Dec. 4. A delay could prove costly to Capitol's survival; the state regulator has threatened to seize the company's bank in New Mexico on Dec. 20.
November 16 -
Mendon Capital Advisors increased its holdings in several community banks in the third quarter, while reducing its exposure to JPMorgan Chase (JPM) and other large and midsize banks.
November 16 -
The $1.1 billion-asset parent company of First Federal Savings Bank said late Thursday that First Security Bank of Owensboro has terminated a deal to buy four First Federal branches in Louisville.
November 16 -
First Niagara Financial Group (FNFG) is expanding its mortgage operations. The Buffalo, N.Y., company is scheduled to open a processing center next month in Syracuse and hire more than two dozen employees to staff it.
November 15 -
First Mariner Bancorp said it had called off plans to sell a minority stake in itself to Priam Capital Fund I after determining that it could improve its capital levels with retained earnings.
November 15 -
Crescent Financial's updated SEC filing removes previous discussion about how banking regulators "encouraged" its deal with VantageSouth.
November 15 -
Capitol Bancorp (CBCRQ) has been fighting for survival for a few years now, but the next month might prove to be its toughest battle.
November 15 -
Former Amcore president Donald Wilson will become the chairman of Community Financial in Illinois as part of a recapitalization plan.
November 15 -
Regions Financial said it will work with PrimeVest Financial to provide advisory and investment services at all of its branches.
November 15 -
Cathleen Nash lays out Citizens Republic's reasons for selling itself to FirstMerit, and says she expects many more banks to face the same tough choice.
November 14 -
Taylor Capital Group is the third Chicago-area bank to announce a capital raise to fuel growth in the past two weeks.
November 14 -
Fulton Financial (FULT) has acquired a minority stake in Bryn Mawr Bank (BMTC), the result of Bryn Mawr's largest shareholder liquidating its holding.
November 14




