M&A
M&A
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Alexander most recently headed up mortgage lending and before that co-led the integration of Key's acquisition of First Niagara. He replaces Dennis Devine, who recently left the company.
February 18 -
The deal to create the nation's second-largest wireless network may lead to a revamp of a discount that reportedly drives 250,000 new Sprint customers annually.
February 18 -
The company will pay $130 million for Commerce Financial Holdings.
February 18 -
Meyer was credited with guiding the Cleveland company through the financial crisis and returning it to profitability. He died this week at his home in Florida.
February 14 -
Gulf Power Company Employees CU will merge into Tallahassee-based FSU Credit Union later this year, pending regulatory and member approval.
February 13 -
The deal for Trinity Capital in Los Angeles would further strengthen the company's capital markets capabilities.
February 13 -
Square has buttressed its deep-learning with the purchase of Dessa, a Toronto-based machine learning startup that specializes in advanced risk management.
February 12 -
Capital Corps, founded by former Banc of California CEO Steven Sugarman, wants the minority-run Broadway sold to a buyer that serves low- and moderate-income borrowers.
February 12 -
Bank will have more business lines, all reporting to the CEO; a research paper says the accounting rule could result in eased capital rules.
February 12 -
The Iowa company will pay $280 million to gain 25 branches and $1.2 billion in loans.
February 11 -
Four Chinese military members charged with stealing data of 150 million Americans; fintech can use deposit insurance, a step toward a full bank charter.
February 11 -
Whether it’s an online sale or a corporate supply chain, the need to silently transfer and convert currencies is inspiring a mix of rapid product development and investment.
February 10 -
The conclusion of President Trump's impeachment trial last week means both chambers of Congress are back to regular business.
February 10 -
The deal, expected to close later this year, will expand the Apple Valley, Minn.-based credit union's reach to 30 branches across the state.
February 10 -
The BofA CEO’s $26.5 million salary was about the same as in 2018; investors hoping for quick riches still fall for cryptocurrency-based Ponzi schemes.
February 10 -
The Mississippi company will pay $49 million for Traders & Farmers Bancshares.
February 5 -
The company agreed to acquire Alliance Benefit Group of Illinois, which has more than 600 clients and 40,000 plan participants.
February 4 -
The Michigan company will pay $101 million for the parent of First National Bank in Howell, Mich.
February 4 -
The bank would make small-business loans on the online retailer’s platform; Fed survey says banks worry about increasing delinquencies, especially in subprime.
February 4 -
Certain loan segments are showing signs of deterioration, but consumer lending and digital banking are bright spots. Meanwhile, bankers are eyeing opportunities to improve efficiency, add scale and take advantage of M&A disruption. Here's what to expect from smaller regionals in the year ahead.
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