M&A
M&A
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Hans Morris, who left Visa in 2009 and joined private-equity firm General Atlantic, shared his payments investing philosophy with bankers and former colleagues on Monday night.
May 22 -
The Virginia company will have a retooled ownership, a new director and more capital after a private placement and rights offering. While Hampton Roads' private equity investors will own 90% of the company following those moves, early indications are that those companies are content with management's progress purging bad loans and cutting costs.
May 22 -
Northeast Community Bancorp (NECB) in White Plains, N.Y., is opening a fourth branch in Massachusetts as part of its continued expansion in the suburbs surrounding Boston.
May 22 -
Many bank buyers will stay on the sidelines until Dodd-Frank rules are written and the Consumer Financial Protection Bureau's agenda is clearer, industry experts say.
May 22 -
Barclays PLC (BCS) is looking to sell all its Italian branches in an attempt to focus more on core activities to boost its profitability, a person familiar with the matter told Dow Jones Newswires on Tuesday.
May 22 -
Former Salomon Brothers trading star Valerie Thompson used investment banking as the backdrop to her steamy new novel.
May 22 -
The Alabama company’s management team used a conference appearance to discuss plans to expand in credit cards and auto lending, while assuring investors that it has turned the corner in the Southeast.
May 22 -
The federal agencies treat PE players as "slippery" characters, impose "draconian" limits on them and make the troubled European economy more appealing for bank deals, investor Ross says.
May 22 -
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Daryl Byrd, the CEO of Iberiabank (IBKC) says a wave of bank mergers is inevitable and will be larger than expected. Rusty Cloutier, his counterpart at MidSouth Bancorp (MSL), says a lack of able buyers is miring consolidation.
May 21 -
Green Dot Corp. said Monday that it has signed a new multi-year distribution deal with Dollar Tree Inc. and extended its contracts with other partners.
May 21 -
Yahoo said it is selling up to half its stake in Alibaba Group back to the company.
May 21 -
The flagging bank M&A market needs a revival. This week bank executives and investors are sharing strategies to bring back the deals.
May 21 -
WASHINGTON – Members of the credit union-start-up REALTORS FCU, billed as the nation's first virtual credit union, voted over the weekend during the annual convention of its sponsor, the National Association of REALTORS, to merge the $75 million credit union into nearby giant Northwest FCU.
May 21 -
More than 100 former HSBC Bank branches across upstate New York and Connecticut are now operating as branches of First Niagara Bank.
May 21 -
Barclays PLC said Monday that it intends to sell its $6.1 billion stake in BlackRock Inc., as the U.K. lender seeks to redeploy cash to boost its profitability and offset the effects of impending regulation.
May 21 -
WAUSAU, Wis. — NCUA this evening liquidated Wausau Postal Employees CU and assigned the remnants of the one-time $10 million credit union to nearby giant CoVantage CU.
May 18 -
The Office of the Comptroller of the Currency closed Alabama Trust Bank in Sylacauga on Friday, making it Alabama’s first bank failure in more than a year.
May 18 -
National Bank Holdings in Boston is shifting its headquarters to Denver following a string of bank acquisitions in Colorado and nearby states.
May 18




