M&A
M&A
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Singapore ride-hailing giant Grab held talks to acquire payments provider 2C2P Pte and was turned down, according to people familiar with the matter, a sign of the ambitions Southeast Asia’s most valuable startup has in financial services.
June 13 -
Lenders should get a boost from refinances and purchase loans; BB&T and SunTrust Banks’ name choice questioned.
June 13 -
Judging by day one on social media, you’d think the new Truist brand was a flop. But marketing and branding experts say the name has a lot going for it. What matters most will be how the two banks advocate for the name.
June 12 -
The combined company will be known as Truist, which plays off “trust,” a word the banks’ original names had in common.
June 12 -
Members of McClatchy Employees Credit Union have approved a proposal to merge into First U.S. Community Credit Union.
June 12 -
The Memphis, Tenn., company said a common corporate identity for all its units made sense given a recent acquisition and its growth ambitions.
June 11 -
The Rhode Island company is counting on disruption from the megamerger to accelerate its Southeast expansion, according to commercial banking chief Don McCree. But BB&T’s Kelly King has a message for him: Not so fast.
June 11 -
The number of mergers approved in the first quarter was down significantly but experts are unsure of how long that will last.
June 11 -
An unusual succession plan at Burke & Herbert Bank raised speculation that Virginia's oldest bank might be interested in buying another institution, for the first time in its history, or even selling to a larger rival. The bank's interim CEO, and the man who will replace him, have other plans.
June 10 -
Fiserv Inc. is kicking off a cross-Atlantic bond sale that could raise about $12 billion to help finance its acquisition of First Data Corp.
June 10 -
Members at the $155 million-asset Partnership still need to approve the proposed transaction.
June 7 -
Highland Associates has $26 billion in assets under management on behalf of not-for-profit medical endowments and foundations. Regions Financial is following the lead of other regionals, which have been scooping up investment firms that specialize in health care.
June 7 -
As credit unions buy up community banks, policymakers should take another look at ending the industry’s tax exemption and regulatory breaks.
June 7 -
Columbia plans to incorporate certain aspects of Stewardship Financial's charitable giving into its own foundation.
June 7 -
The North Dakota company agreed to buy the $90 million-asset Prairie Mountain Bank.
June 6 -
Spartan FCU members approved a deal earlier this year to join South Carolina Federal Credit Union.
June 6 -
Diverse economies and a limited number of sellers are making markets like Tampa, Fla., a hot spot for growth-minded banks.
June 6 -
The North Carolina company will have two branches remaining in South Carolina after the sale closes.
June 6 -
DNB had been facing pressure from an activist investor to consider selling itself.
June 6 -
The company will pick up five branches as part of the $48 million deal.
June 5





















