M&A
M&A
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Big banks can win on price, but small banks say commercial lending is too attractive to give up on. Some community bankers are hunting for customers that bigger banks might discount and for loan officers displaced by M&A.
November 22 -
JPMorgan Chase & Co. is buying a 4.7% stake in the London Metal Exchange from bankrupt broker MF Global Holdings for GBP25 million ($39 million), three people familiar with the matter said Tuesday.
November 22 -
Bridge Bancorp Inc. in Bridgehampton, N.Y., said late Monday that it will raise up to $10 million by selling common stock.
November 21 -
Consumer groups applaud agency's decision to allow more time for comment on Cap One's deal for the credit card portfolio of HSBC.
November 21 -
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Final bids for RBS Aviation Capital, the aircraft leasing business being sold by Royal Bank of Scotland PLC, are due in early December, a person familiar with the situation told Dow Jones Newswires on Monday.
November 21 -
Heightened regulation is forcing more bank buyers to overhaul their entire computer platform as regulators zero in on a greater need for compliance.
November 21 -
Banks and others involved in buying and selling loans have won some battles and lost others relating to Dodd-Frank implementing rules. The next fight is over how tough to treat the cash-loan market.
November 21 -
Citizens Financial Group Inc. in Providence, R.I., is eliminating underutilized branches and laying off dozens of employees across its 12-state market area as part of a broader effort to trim overhead and improve efficiency.
November 21 -
While B of A nips and tucks as it struggles to meet new capital requirements, JPMorgan Chase bemoans the severity of the rules from a position of relative strength, and hints at the rationale for the behemoths to dismantle themselves.
November 21 -
WASHINGTON — Regulators closed a bank in Louisiana, and another in Iowa, late Friday to bring the year’s failure total to 90.
November 18 -
The Barclays unit in charge of U.S. bank deals has overcome adversity, from the Lehman Brothers collapse in 2008 to the defection of some important talent last year, and worked on some of the notable deals of the year.
November 18 -
The federal government could avoid many unnecessary bank failures by making targeted preferred equity investments in community banks with a Camels 3 rating.
November 17 -
Stifel Financial Corp. is in exclusive talks to buy Regions Financial Corp.'s Morgan Keegan brokerage after prevailing over private-equity bidders, said people with knowledge of the matter.
November 17 -
Shareholders of Susquehanna Bancshares Inc. in Lititz, Pa., and Tower Bancorp Inc. in Harrisburg, Pa., have approved the companies' proposed merger.
November 17 -
Most of the transactions in November have involved the sale of small, closely held banks to much bigger players. The buyers want to spend excess cash and expand on the cheap.
November 17 -
Citigroup Inc. renewed a multiyear deal to continue issuing private-label credit cards for Sunoco Inc. customers, the companies said Thursday.
November 17 -
Some family owned banks have had difficulty transitioning from one generation to the next, and the current economic downturn has made it trickier than ever to transfer control.
November 17 -
Home BancShares Inc. in Conway, Ark., has agreed to buy 17 branches in a purchase-and-assumption agreement with Park National Corp. in Newark, Ohio.
November 17 -
No one would blame activist investor Richard Lashley if he's muttering, "I told you so." His firm, PL Capital, spent two years before the financial crisis fighting to get on the board at Bancorp Rhode Island and force a sale, to no avail. Now the company is working to complete its sale to Brookline Bancorp.
November 17




