M&A
M&A
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Without naming names, CFO Tim Sloan threw cold water on the idea that the San Francisco bank would acquire the credit card giant.
September 11 -
Republic Bancorp CEO Steve Trager sees a recent purchase of First Commercial Bank as an opportunity to grow in Minnesota, despite being 700 miles from Republic's Kentucky home.
September 11 -
Mid-America Bankshares of Baldwin City, Kan., will buy a branch from Garnett Bancshares. The deal extends a string of deals involving community banks in Kansas.
September 11 -
FICO, the credit scoring company, plans to provide banks with services that ferret out fraud in real time.
September 11 -
BB&T signs a 10-year deal for naming rights to the former BankAtlantic Center in Sunrise, Fla., home of the NHL's Florida Panthers. It is part of the spoils from the North Carolina bank's acquisition of BankAtlantic.
September 11 -
National Bank Holdings in Greenwood, Colo., plans to raise up to $180.9 million after completing an initial public offering.
September 11 - PSO content
Debt buyer Asset Acceptance Capital Corp. plans to grow its legal collections business in Florida while closing an Arizona call center and transitioning inventory to an India channel.
September 11 -
Broadway Bank in San Antonio is continuing its growth northward with plans to open several branches around Austin, Texas.
September 11 -
Old Line Bancshares has agreed to buy WSB Holdings in a deal that will combine two banks based in Bowie, Md.
September 10 -
Executives at FirstMerit, PNC and KeyCorp — which have acquired branches in deals in recent years — are seeking to wring substantial cost savings from their brick-and-mortar networks and rely more on high-tech services.
September 10 -
The $169 million-asset bank will buy two branches from Community South Bank in Parsons, Tenn., the Nashville Business Journal reported Monday. TriStar will assume certain deposits and assets of branches in Columbia Spring Hill from the $497 million-asset Community.
September 10 -
Streamlining and cross-selling initiatives are aimed at creating a simpler company that is more in touch with its customers, Thompson tells investors at Barclays conference.
September 10 -
A breakdown of M&A announcements in the financial services industry for the week ended September 8.
September 10 -
Capital Bank Financial, a $7.7 billion-asset privately held bank holding company, said Monday it would raise about $250 million via an initial public offering the company first announced in June 2011.
September 10 -
Wall Street hopes M&T's $3.7 billion deal for Hudson City will spark a rush of mergers and acquisitions. These five banks are prime takeover targets.
September 10 -
Henderson Citizens Bancshares in Texas announced an acquisition that should push its assets above $1 billion.
September 10 -
Sierra Vista Bank raised about $2.4 million through a stock offering, falling short of a plan to bring in $6.5 million.
September 10 - PSO content
Debt buyer Portfolio Recovery Associates (PRA) Inc., based in Norfolk, Va., has been named one of Fortune's 100 Fastest-Growing Companies for 2012.
September 10 - PSO content
Royal Bank of Canada, the country's largest lender by assets, agreed to buy the Shoppers Optimum credit-card portfolio from Bank of America Corp. to extend its MasterCard Inc. offerings.
September 10 -
Ralph Babb, the chief executive of Comerica in Dallas, tells a research analyst the company may consider in-market and out-of-market deals — its first since taking over Sterling Bancshares last year.
September 7



