M&A
M&A
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Cobalt Credit Union will absorb Community Hope FCU after being approached by the National Credit Union Administration.
August 28 -
The company will pay $195 million for its first retail operations in the city.
August 28 -
The Plano bank, which is being sold to Prosperity Bancshares in one of the industry's biggest M&A deals this year, was also worried about credit quality, a regulatory filing shows.
August 27 -
Raisin, originally a marketplace for bank-savings products, is buying 100% of Fairr’s share capital in exchange for Raisin shares as well as cash.
August 27 -
Intense competition for executives and top lenders has elevated the role acquisitions play in filling key positions.
August 26 -
The banks considered an “unusual” investment banking merger; Volcker rule win will be followed by fights on capital rules, liquidity and stress tests.
August 26 -
The two credit unions are expected to complete the integration on Oct. 1 for a combined institution of nearly $3 billion in assets.
August 23 -
The German bank responds to an op-ed that criticized its restructuring.
August 22 -
After two consecutive quarters of losses, People's Choice FCU will merge into CityMark FCU when its longtime CEO retires this fall.
August 21 -
More U.S. states are legalizing sports gambling, providing a huge opportunity for payments companies that have been fattened by multibillion-dollar mergers.
August 21 -
First Mutual Holding is buying the tiny Blue Grass Federal and keeping its charter. The deal will allow the seller to save costs and maintain its autonomy.
August 20 -
The company has agreed to buy Albany Bancshares, which has four branches near the Iowa border.
August 20 -
The Louisiana company will enter two new markets after it buys the locations.
August 20 -
Community First will pay $40 million in cash for the parent of Affinity Bank.
August 20 -
The power couple wants to help turn Acorns Grow from a niche app into a megabank; with many floating-rate loans, regionals’ profits drop as yields slip.
August 20 -
CDCUs provide essential financial services in underserved communities but these institutions can struggle to keep up with compliance and technology demands.
August 20 -
Capital One agreed to buy KippsDeSanto, a Northern Virginia company that specializes in advice to the defense and government contracting sectors.
August 19 -
Professional Bank and Marquis Bank, both of Coral Gables, have been competing against each other for more than a decade. Now they are merging in hopes of landing larger clients and making better use of technology being developed in Professional's innovation lab.
August 18 -
Deutsche Bank overhaul plan will put taxpayers and the financial system at risk; the San Antonio company names three women to key technology positions; issuers like Chase and Citi need to think beyond traditional card options; and more from this week's most-read stories.
August 16 -
United, which helps retirement-age savers find the best ways to manage their wealth, is Capital One's answer to a flurry of similar deals made by rivals.
August 16





















