M&A
M&A
-
National Lloyds, which provides insurance for mobile homes, has a distribution network that operates in 40 states.
January 31 -
Banks would be allowed to own stakes in venture capital funds; the combined BB&T-SunTrust isn’t realizing cost savings as fast as it projected.
January 31 -
Kenneth Lehman, a former banking attorney who acquires large stakes in small banks, will buy BankFlorida, which lost $555,000 through the first nine months of 2019.
January 30 -
The head of the small-bank trade group called for hearings to discuss tougher limits on credit union acquisitions of banks.
January 30 -
The company has revised its near-term forecasts for reducing expenses, citing delayed branch closings and a decision to spend more time testing systems ahead of conversion and integration.
January 30 -
A letter from the Independent Community Bankers of America calls on lawmakers to curtail credit unions' bank-buying spree or at least take measures to ensure parity between the two sides.
January 30 -
The benefits include improved financial inclusion, the chairman of the NCUA argues.
January 30 -
The benefits include improved financial inclusion, the chairman of the NCUA argues.
January 30 -
The promise of post-closing payments encourages top executives to pursue deals that aren’t necessarily in their self-interest, but investors may eventually raise concerns that the packages are expensive and too focused on the short term.
January 29 -
A deal bringing $16 million-asset RiverTrace CU into Call Federal Credit Union will take effect on Feb. 3.
January 29 -
A generation of Americans who were entering adolescence when the financial crisis struck is showing little fear of debt.
January 29 -
A fifth of U.S. banks may lack the stock multiples it takes to pursue acquisitions, so they're looking for other ways to improve results and deploy capital.
January 28 -
Luis Massiani has been the company's chief financial officer since 2012.
January 27 -
CenterState and South State are the latest regionals to announce a deal driven heavily by the need to compete with larger banks that can afford to spend more on cutting-edge technologies.
January 27 -
The deal will create a bank with $34 billion in assets and operations stretching from Virginia to Florida.
January 27 -
Payments technology conglomerate WEX has agreed to buy two companies — B2B travel payment operator eNett and B2B payment specialist Optal — for $1.7 billion.
January 24 -
The company, which sold the business to a group of former employees, will shut down its operation this quarter.
January 24 -
Bankers may not want to hear this, but communities benefit when credit unions buy banks.
January 24 -
The company will acquire the parent company of First National Bank of Manchester and Bank of Waynesboro for $85 million.
January 23 -
Two major banking organizations objected to a proposal by the agency that would expand the pool of investors in subordinated debt issued by credit unions. They fear it could provide credit unions more financing to buy banks.
January 23

















