M&A
M&A
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Heartland Financial USA (HTLF) is bulking up in Wisconsin with a deal to acquire First Shares in Platteville for roughly $11 million in cash and stock.
August 2 -
ING Group may sell its Canadian online bank, which has $40 billion in assets, and dispose of a smaller U.K. unit as the Dutch company seeks to repay government aid received during the financial crisis.
August 2 -
Resurrecting Glass-Steagall means resurrecting the large, highly leveraged investment banks engaged in high-risk trading for their own accounts.
August 2 - PSO content
Debt buyer Portfolio Recovery Associates reported across-the-board records in cash collections, revenue and net income for the second quarter ended June 30.
August 2 -
KeyBank is the latest regional that will start issuing its own cards again in hopes of growing revenue and wallet share.
August 2 -
Add Sterling Bancorp (STL) in New York to the growing list of community banks ramping up in residential lending.
August 2 -
First California Financial Group (FCAL) — under pressure from activist investors to find a buyer — hired Keefe, Bruyette & Woods (KBW) to explore a sale or other strategic options.
August 1 -
New Hampshire Thrift Bancshares (NHTB) has made its first bank deal in nearly five years, agreeing to buy Nashua Bank for roughly $19.4 million.
August 1 -
BB&T CEO Kelly King took a lot of heat for letting a rival beat him out for RBC Bank, but his patient pursuit of the more affordable BankAtlantic instead looks wise in retrospect.
August 1 -
Alive CU, the former Blue Cross credit union known till last month as Healthcare's Cooperative CU, is expanding outside of healthcare facilities with a deal to buy two stand-alone branches from Space Coast CU.
August 1 -
HF Financial (HFFC) has agreed to provide its largest shareholder with confidential information after the investor threatened to run its own candidate for the Sioux Falls, S.D., company's board.
August 1 -
Join the editors of American Banker and the industry's most influential policymakers, lawmakers and executives to discuss the issues that remain at the forefront of the regulatory landscape: CFPB, Volcker Rule, TAG, fair lending enforcement, Basel III and the impact the elections will have on financial institutions.
August 1 -
PLYMOUTH, Minn. — NCUA announced this morning it has awarded the remnants of AM Community CU, a failed $135 million Kenosha, Wis., credit union, to TruStone Financial FCU under a purchase and assumption agreement.
August 1 -
Tools provided by Dodd-Frank to ensure stronger oversight and restrictions over the largest banks are a more effective way to end bailouts than just limiting banks' size.
August 1 -
Will Spain's precarious financial situation compel the country's banks to sell their U.S. holdings?
August 1 - PSO content
Private equity firm Thompson Street Capital Partners, based in St. Louis, announced it has acquired Receivables Management Partners (RMP), based in Greensburg, Ind.
August 1 - PSO content
A new study of Federal Trade Commission complaint logs based on an analysis of all collected data from 2011 shows that the credit and collection industry is performing at a "very high service level based on the percentage of complaints", according to DBA International, the association of debt buyers.
August 1 -
Lured by growth opportunities and low M&A prices, mid-cap banks in neighboring states are pushing deeper into the failure-ravaged Southeast and remapping the region's competitive landscape.
August 1 -
LAKELAND, Fla. — MidFlorida CU, which has been growing its branch network on the Gulf Coast, has agreed to acquire Indian River CU, a troubled $55 million credit union on Florida's other coast.
July 31 -
Stiffer oversight of banks with assets of $50 billion or more will keep New York Community Bancorp, of Westbury, N.Y., out of the M&A game until a major acquisition comes along, CEO Joseph Ficalora says.
July 31




