M&A
M&A
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RBC Capital Markets has named a former Bank of America (BAC) executive as a vice chairman.
October 12 -
More than 700 community banks failed a stress test performed by the New York data company Trepp, based on the proposed Basel III guidelines. Even if they wanted to do something about this problem, many would have a hard time raising capital in the private markets now.
October 12 -
Two East Coast banks have shed their mutual holding company ownership.
October 12 - PSO content
A district court judge in Maryland this week dismissed 3,168 debt collection cases as part of a settlement against debt buyer Worldwide Asset Purchasing and its affiliates.
October 12 -
Team Capital has no plans to go public, but it is helping investors cash out by partnering with a New York broker-dealer that makes markets in illiquid stocks.
October 11 -
Former FDIC chairman Sheila Bair, who vocally criticized the Citigroup bailouts in her new book, said Friday that she sees few growth prospects for the bank.
October 11 -
The $4.4 billion-asset bank holding company based in Dubuque, Iowa said Thursday it would buy Heritage Bank in Phoenix for $16 million in cash.
October 11 -
Many community banks could find themselves in the same dilemma as LNB in Ohio, which is weighing the pleas of activist shareholder Umberto Fedeli to repurchase its Tarp shares from private investors. It has to choose between paying higher dividends or a costly capital raise.
October 11 -
Viable restructuring alternatives to bank holding company debt do exist and will open the door to conventional M&A options or attract fresh equity.
October 11 -
Unable to find an acquisition or other expansion opportunity that it likes, Trinity Bank in Fort Worth, Texas, will pay a special onetime dividend to shareholders.
October 11 - PSO content
Noble Systems Corp. acquired a contact center technology provider, the company announced Thursday. Terms of the deal were not disclosed.
October 11 -
MLV & Co. Financial has struck a deal to buy a stake in an investment advisor in Connecticut and promises more acquisitions to come.
October 11 -
BankUnited (BKU) is gearing up for branch openings in New York despite being barred by a settlement with Capital One Financial from opening the branches until next year.
October 10 -
Jamie Dimon sounded off Wednesday on two big scandals dogging his bank this year, expressing regret and frustration over the "London Whale" trading losses and a new government lawsuit against JPMorgan Chase.
October 10 -
Even without added regulatory pressure, Capital One has a lot to juggle as it integrates ING Direct and a big HSBC credit card portfolio. Industry members weigh in on what it should watch for.
October 10 -
Capital One knows how to integrate big bank purchases. But in the era of the Consumer Financial Protection Bureau, it's facing new challenges as it swallows ING Direct and HSBC's credit cards.
October 10 -
Signature, a New York bank led by frugal CEO Joseph DePaolo, is laser-focused on commercial clients and niche lines in an age when others are trying to be all things to all people.
October 10 -
NBT Bancorp's agreement to buy Alliance Financial in New York is an M&A rarity a sizable deal between healthy seller that could signal more such transactions to come.
October 10 -
Pinnacle Bank of Lincoln, Neb., would expand its presence in the Show Me State with its agreement to buy First State Bank of Joplin, Mo.
October 10 -
1st Constitution Bancorp (FCCY) in Cranbury, N.J., has raised roughly $5 million through a rights offering.
October 10





