M&A
M&A
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A clash among FDIC board members has intensified a debate about whether regulators should take a tougher look at large M&A deals. House Financial Services Chair Maxine Waters added to the frenzy by calling for a moratorium on approving big acquisitions.
December 13 -
The acquisition of MoffettNathanson is the latest in a string of moves by Silicon Valley Bank’s parent company to extend the reach of its investment banking arm into the tech sector.
December 13 -
The Atlanta bank said the deal will accelerate its small-business and commercial and industrial lending while expanding its presence in point-of-sale financing.
December 13 -
A new survey of industry executives finds substantial interest in cryptocurrencies and mergers but anxiety about competition from large technology companies.
December 13 -
Driver Management says CEO Vernon Hill’s aggressive deposit-gathering strategy is not paying off for shareholders and wants the company to merge with a bank that would deploy the deposits into higher-yielding loans.
December 10 -
Facing a lawsuit from a disgruntled investor, the Arkansas company has released additional information about how it arrived at the $919 million price it’s paying for Happy Bancshares.
December 9 -
The combined institution would have more than $280 million of assets and serve close to 20,000 members.
December 9 -
The $85 million acquisition of Metro Phoenix Bank would more than double Alerus Financial’s loans and deposits in the nation’s fifth-largest city.
December 9 -
The deal for Summit Financial furthers First Financial’s strategy of acquiring national niche business lines.
December 7 -
Bankers say the Biden administration’s call for regulatory greater scrutiny of mergers and acquisitions is causing holdups and could slow dealmaking activity in 2022.
December 7 -
The $129 million deal for Rahway-based RSI would give Columbia a stronger presence in Union and Middlesex counties.
December 2 -
The combination is a bid to offer members expanded access to financial services and a larger network of locations.
December 2 -
The commissioner of the Tennessee Department of Financial Institutions said Orion Federal Credit Union's deal for Financial Federal Bank violates the Tennessee Banking Act.
December 2 -
The Denver company said it would pay $56 million for Legacy Bank in Colorado and pick up nearly $500 million of assets.
December 1 -
Symphony Technology Group is in talks to acquire parts of Fidelity National Information Services' capital markets business in a deal that could be valued at about $2 billion, according to people familiar with the matter.
November 24 -
The buyer said it would enter two of Wyoming’s largest markets and expand in Nebraska and Colorado with the purchase.
November 22 -
Buying Spirit of Texas would give the Arkansas company access to the Austin, San Antonio and Houston markets and make it a bigger player in the fast-growing south-central U.S.
November 19 -
The combination of Horizon Credit Union in Washington and Embark Credit Union in Montana would have $1.8 billion of assets and 31 branches in four states.
November 18 -
Acquiring the company, which has a namesake savings app, would allow the Silicon Valley lender to accelerate its plan to offer more consumer banking services. The deal comes less than six weeks after Oportun withdrew its application for a bank charter, which it plans to refile.
November 16 -
After more than a year of collaboration, the Minneapolis bank is buying the company to enhance its corporate expense and travel management offerings.
November 16













