M&A
M&A
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Regions Financial has unveiled a new line of Visa credit cards, following its repurchase of its card portfolio from Bank of America's FIA Services last summer.
July 12 -
Solera National Bank is looking to double its loan portfolio in the next year now that it is no longer operating under a consent order from the OCC.
July 12 -
Financial firms are raising less capital as domestic and international concerns abound.
July 12 -
Colony Capital LLC is one of the winning bidders on a Fannie Mae REO sale sponsored by the Federal Housing Finance Agency, according to bidders and other sources familiar with the matter.
July 12 -
A fraud case that contributed to the recent failure of Montgomery Bank in Georgia could lead to more regulatory scrutiny when community banks look for outside investors.
July 12 -
Last summer rumors were spreading that a private equity firm had amassed $1 billion in cash and was eyeing investments in mortgage banking firms. A year later it appears that no such deals were struck by the unnamed fund, but that hasn't stopped the talk about PE firms still looking at the sector.
July 12 -
Georgetown Bancorp in Massachusetts has raised $11 million and completed its conversion to a stock-owned firm from a mutual holding company.
July 12 -
Vintage Bancorp, in Leon, Kan., on Wednesday canceled its deal for CornerBank, in Winfield, Kan.
July 11 -
The pace of bank mergers slowed in the second quarter, but deal announcements still rose about 15% in the first half from a year earlier, according to SNL Financial.
July 11 -
An unsolicited offer by PacWest added jet fuel to the shares of First California, strengthening its hand in a takeover deal of its own and bolstering management's effort to stay independent.
July 11 -
First California Financial Group (FCAL) has reduced by 38% the number of shares it would pay to acquire Premier Service Bank in Riverside, Calif.
July 11 -
Ocala Funding LLC, a financing vehicle used and controlled by failed Taylor Bean & Whitaker Mortgage Corp., filed for bankruptcy protection in Florida.
July 11 -
Fidelity National Financial's ServiceLink division acquired DRI Management Systems, while simultaneously rebranding DRI's default servicing workflow platform, in a deal announced Tuesday.
July 10 -
Universal Business Payment Solutions Acquisition (UBPS) has agreed to pay $179 million for three firms that process payments for small businesses.
July 10 -
1st Security Bank of Washington, a troubled former credit union known until 2004 as Washington's CU, announced this afternoon it raised $32.4 million with an initial public offering, the latest credit union-convert to go public.
July 10 -
Deposits are worth buying if you get them at a good price and are making loans, says Stephen Gordon, the chairman and CEO of Opus Bank, which agreed this week to buy 10 branches from PacWest for a 2.5% premium.
July 10 -
Amalgamated Bank in New York is continuing its product line expansion with the addition of a home mortgage division.
July 10 -
Printing and marketing materials provider Taylor Corp. will enter the mortgage industry with its acquisition of servicing documentation provider Venture Encoding.
July 10 -
Taylor Capital Group (TAYC) in Chicago is registering 20.6 million shares of its stock to make it easier for certain shareholders to sell the securities.
July 10 -
HomeTrust Bank in Asheville, N.C., is set to raise up to $211.6 million as it converts to a stock-owned bank from a mutual thrift.
July 10




