M&A
M&A
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BNY Mellon said it plans to accelerate tech spending; a Wells Fargo exec warned banks against ignoring Gen Z customers; the CRA reform proposal was finally released; and more from this week's most-read stories.
December 13 -
Mike Mercer had planed to work as part of the combined League of Southeastern Credit Unions until a least 2023, but recently approached the league's board with an early retirement request.
December 13 -
In many ways, the payments industry resembles the health care business — pulled into the future by rapid digitization and conflict over the role of government.
December 13 -
The company will significantly boost its origination volume after buying 51% of BrandMortgage.
December 12 -
The bank joins rivals in predicting a better than expected Q4; JPM exec says AI could help create products for savings.
December 12 -
BB&T and SunTrust showed that big-bank mergers are still possible, but top executives at other large regional banks say that a knee-jerk response would be a mistake.
December 10 -
Raging Capital Management also urged the company's board to repurchase stock and think about selling a minority stake in the payments processor Evertec.
December 10 -
Raging Capital Management also urged the company's board to repurchase stock and think about selling a minority stake in the payments processor Evertec.
December 10 -
The company will gain branches in Northampton County as part of the $79 million deal.
December 10 -
B2B global payments provider Payoneer is acquiring German fintech Optile to expand its services to include consumer-to-business payments acceptance.
December 10 -
The Independent Bank-Texas Capital merger could prompt other banks in the state to consider selling or buying.
December 9 -
The sale comes just three years after the San Francisco bank bought the platform.
December 9 -
Absorbing Health Facilities FCU will deepen S.C. Federal's presence in the city of Florence.
December 9 -
The deal will create a bank with nearly $50 billion in assets.
December 9 -
Cost cutting and systems integrations are short-term priorities, but over time CEO Kelly King and his heir apparent, Bill Rogers, will have to exploit the combined BB&T-SunTrust's revenue potential and prove the biggest post-crisis merger was a good idea.
December 9 -
The company will merge Fidelity Savings and Loan and Washington Savings Bank into its own bank.
December 7 -
Citizens Bank's Bruce Van Saun is our Banker of the Year; shake-up continues at Wells Fargo with poaching of Santander's CEO; the Navy commander behind the credit union banks love to hate; and more from this week's most-read stories.
December 6 -
The $28 million-asset AB&W Employees Credit Union will merge following a year of uneven financial results.
December 6 -
The company will pay $122 million for six branches and nearly $1 billion in assets.
December 5 -
The year 2019 kicked off with a series of mutli-billion-dollar mergers and acquisitions designed to shake up the dynamics of the payments industry. While this was taking place, Elavon had its own plan for extending its influence through M&A.
December 5



















