M&A
M&A
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Fulton Financial reported higher quarterly earnings despite a decline in net interest income.
July 17 -
The Florida bank is eager to add loans after raising $5 million to surpass capital requirements from a 2011 consent order. It did so at a time when capital raising is on the decline.
July 17 -
M&T Bank (MTB) reported a big drop in quarterly earnings Tuesday, but a close look shows that its Wilmington Trust acquisition is bearing fruit at the right time.
July 17 -
Jim McMahon may have been a master at the Super Bowl Shuffle dance, but the former Chicago Bears quarterback apparently was less skilled as a bank director.
July 17 -
Green Bancorp CEO Geoff Greenwade wants to buy more banks, which he hopes will ultimately make the Houston bank more attractive to buyers.
July 17 -
Equity Bancshares in Wichita, Kan., plans to merge its two banking units to reduce expenses.
July 17 -
State Street (SST), the third-largest custody bank, agreed to buy the hedge-fund administration unit of Goldman Sachs (GS) to boost growth as second-quarter revenue fell amid declining global markets and record low interest rates.
July 17 -
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The central bank has brought back a process scrapped in the late 1990s, where it will review preliminary merger plans of untested buyers pursuing unusual deals.
July 16 -
Citigroup's second-quarter income fell but was untainted by the scandals surrounding big rivals.
July 16 -
St. Helen's Community FCU hired a new CEO who immediately urged the board to terminate a merger agreement with nearby Wauna FCU, which would have created a $300 million credit union.
July 16 -
Regulators late Friday seized the $24.8 million-asset Glasgow Savings Bank in Glasgow, Mo.
July 13 -
Uncertainty about the global economy, health care and taxes threaten to take already anemic loan growth off of life support.
July 13 -
After Wells Fargo reported record second-quarter profit on Friday, CFO Timothy Sloan explained why the bank is optimistic about mortgages, M&A and expenses.
July 13 -
The San Francisco company has the cash and willingness to buy more assets from U.S. and European financial institutions, management said during a conference call Friday.
July 13 -
Taylor Capital Group (TAYC) in Rosemont, Ill., said that its bank has hired a former team from LaSalle National Leasing to run a new equipment finance division.
July 13 -
Prevail CU and Harborstone CU of Tacoma announced plans to combine this afternoon to create another $1 billion credit union, the state's sixth.
July 13 - PSO content
TransUnion Corp. CEO and President Bobby Mehta will leave his position at the Chicago-based credit-reporting firm for "personal reasons," he told the board of directors, according to a Securities and Exchange Commission filing.
July 13 - PSO content
Louisiana lawmakers are reviewing ways to boost efforts to collect hundreds of millions of dollars in debts owed to agencies across the state's government.
July 13 -
Four out of five banks that closed important deals last week did so in four months or less. First PacTrust, which is new to getting M&A approval from regulators, needed 10 months to close one deal and has another pending after more than a year.
July 12






