M&A
M&A
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KENOSHA, Wis. — NCUA and state credit union regulators took over A M Community CU, a troubled one-time $135 million credit union that serves Chrysler workers and the surrounding community, after the close of business Friday evening.
February 17 - PSO content
Two private equity investors have agreed to buy TransUnion Corp.
February 17 -
Although the Federal Reserve Board ultimately signed off on Capital One Financial Corp.'s deal to buy ING Direct USA, the grueling 9-month long process to get there is a warning to other large would-be acquirers.
February 17 -
First Niagara Financial Group Inc. expects to close 35 branches after it completes its acquisition of HSBC Holdings Plc's branches in mid-May.
February 17 -
Two private equity investors have agreed to buy TransUnion.
February 17 -
The Florida company is looking at bringing in capital in case the sale of its thrift fails to go through by early April.
February 17 -
Blue-collar M&T bought blue-blood Wilmington Trust last spring and won't finish absorbing it until June. Executives insist M&T's uncharacteristically slow approach to integration will pay off.
February 17 -
Bank of America would consider selling its retail-branch network in Texas and its U.S. Trust unit if the giant bank is forced to raise capital in a market shock or severe economic downturn, according to a document provided to U.S. regulators.
February 16 -
BNCCorp Inc.'s shares plunged Thursday after the Bismarck, N.D., company announced a private placement at a highly discounted price.
February 16 -
CIFC Corp. and Sandler O'Neill pitch community and midsize banks on participation in syndicated C&I loan deals — a market normally dominated by the biggest banks.
February 16 -
Premier Financial Bancorp Inc. in Huntington, W.Va., is planning to consolidate three of its four subsidiary banks as part of its ongoing effort to build scale, lower its compliance costs and improve its overall efficiency.
February 16 -
The NCUA Board this morning approved the combination of Ohio’s Corporate One FCU with Florida’s Southeast Corporate FCU, the fifth corporate merger over the past few months, whittling down the number of corporates to 15.
February 16 -
Of the 575 official complaints against Capital One's plan to buy ING Direct, only one stuck: The credit card lender has been a serial screw-up when it comes to getting delinquent borrowers to pay up, the Fed found.
February 15 -
Waccamaw Bankshares scored a minor victory tied to a 2010 capital infusion, though its president said the result only buys time to explore "strategic alternatives."
February 15 -
Town and Country Financial Corp. in Springfield. Ill., is combining its two bank subsidiaries that it has operated as separate entities for nearly three decades.
February 15





