M&A
M&A
-
Just how hungry is Ocwen Financial Corp. for servicing rights? In a new filing with the Securities and Exchange Commission the nonbank servicer discloses that it is currently reviewing $300 billion of MSRs for purchase.
February 14 -
ACI Worldwide reported on Tuesday that income for the fourth-quarter was $23.9 million, down 11.8% from a year earlier, as revenue declined.
February 14 -
Memorial services were held in Charlotte Monday for Thomas Storrs, the former chairman and chief executive of North Carolina National Bank who laid the groundwork for today's Bank of America Corp.
February 14 -
-
Senior Fed officials met Monday in a closed session on Capital One Financial Corp.'s pending acquisition of the U.S. online banking unit of ING Group but did not make a decision. It had delayed a meeting on the deal last week.
February 13 -
Fidelity National Information Services said Monday that its fourth-quarter income, boosted by its international and financial solutions businesses, rose 5.8% to $117 million from the same period a year earlier.
February 13 -
First Virginia Community Bank in Fairfax has raised $6.7 million in capital from old and new investors and intends to use the proceeds to continue its rapid growth.
February 13 -
InComm announced Monday that it bought Medagate, a health care benefits services company.
February 13 -
Centennial Bank in Denver is adding a new branch in Boulder as part of a broad strategy to establish a presence in some of the state's key banking markets.
February 13 -
With problem real estate loans continuing to pile up, Western Liberty Bancorp in Las Vegas announced Monday that it lost $2.4 million in the fourth quarter and $14.2 million for the full year.
February 13 -
The Office of the Comptroller of the Currency closed two Midwestern banks Friday, bringing the failure tally so far this year to nine. The Federal Deposit Insurance Corp., as the receiver of the failed national banks, was able to find other institutions to resolve the failures.
February 10 -
About half of the deals in January were in the Midwest, and there have been a few more since — but some key ingredients for "the wave" are missing.
February 10 -
First Financial Service Corp. in Elizabethtown, Ky., said it had a new chairman and that its chief executive will step down for health reasons.
February 10 -
After 100 years of having a federal charter, Frost says new reform law has increased the value of state regulation.
February 10 -
Hana Financial Group of Seoul, South Korea, has agreed to buy newly issued shares of common stock, and a 51% ownership interest, in Saehan Bancorp in Los Angeles.
February 10 -
Massachusetts' top securities regulator has asked Bank of America to turn over documents related to two collateralized loan obligations.
February 10 -
The Texas Bankers Association is irked about the National Credit Union Administration's decision to infuse $60 million into the otherwise insolvent Texans Credit Union.
February 10 -
The private banking arm of KeyCorp in Cleveland has established a Delaware trust company and hired two veterans from competitors to help run it.
February 10 -
Royal Bank of Scotland will start winding down parts of its equity capital markets and cash equities business, staff were told this morning by global head of equities Frank McKirgan.
February 10 -
EverBank, which has been carefully growing its mortgage business the past few years, has agreed to purchase the warehouse division of MetLife, the company confirmed to National Mortgage News.
February 10
