The announcement comes about six months after Boston-based Eastern raised $1.7 billion through an initial public offering.

The Department of Justice in the Trump administration hatched a plan to consider reforming its bank-merger review process, raising industry hopes about overhauling the outdated regime. But progressives want the agency to give more thought to the harm bank combinations cause consumers, including further branch closings.

HoldCo Asset Management is trying to convince shareholders ahead of an April 27 vote that the deal's $900 million price is too low, while Boston Private's board characterized its negotiations as "carefully designed and calibrated."

The Boston company has acquired three insurance agencies since becoming fully stock-owned in October 2020.

The Brink's Company has expanded its cash management and payment solutions portfolio through the acquisition of PAI Inc., a privately held provider of ATM services in the U.S.

Longstanding familiarity with each other and years of informal talks helped the companies negotiate their $7.6 billion merger in just two months.

The bank's purchase of AxiaMed gives it a digital gateway to the medical industry, speeding deployment amid growing competition.

The bank's purchase of AxiaMed gives it a digital gateway to the medical industry, speeding deployment amid growing competition.

While competitors are turning to traditional mergers and acquisitions to build market share and boost profits, Cleveland-based KeyBank is betting it can keep pace by rolling out a digital bank for affluent doctors and dentists.

Truity Credit Union in Oklahoma is selling its only branch in the state.

Bank of America acquired the health care technology company Axia Technologies as the financial giant continues to build out its products for helping merchants take payments.

The Independent Community Bankers of America asked lawmakers to investigate credit unions' M&A activity after VyStar announced what would be the biggest purchase of a bank by a credit union.

USI Insurance Services agreed to buy Northwest Insurance Services in a deal that should close later this quarter.

The Illinois company would gain its first two branches in Winnebago County as part of the deal.

Toronto-Dominion Bank Chief Executive Bharat Masrani said he’s still interested in a major acquisition to add to the firm’s U.S. retail operations, and that he’s unfazed by the recent valuation surge for the regional lenders that would be his most likely targets.

The Texas company has agreed to acquire HubTran, which offers artificial intelligence and machine learning capabilities for the transportation sector.

The California company will gain $4 billion of low-cost deposits with its $250 million acquisition of the homeowners association services division.

Heritage Southeast Bank in Georgia, at $1.6 billion of assets, would become the largest bank to be sold to a credit union.

United Neighbors Federal Credit Union holds just $4.4 million of assets, but the addition will help broaden SeaComm's branch network and expand its member base.

Two decades ago, before Jamie Dimon & Co. towered over the industry, the sale of JPMorgan to Chase Manhattan was seen by some as the downfall of the most prestigious U.S. bank. In a new book, Nicholas P. Sargen, a former economist there, offers a cautionary tale of a management team that did many things right yet failed to avoid a takeover.