M&A
M&A
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The Bay Area is a booming market with a limited number of smaller banks. The high premium Presidio is receiving from Heritage Commerce might spark more M&A activity.
May 20 -
Banesco USA agreed to buy Brickell more than a year after Banco Espirito tried to sell the Miami bank to a Swiss financier.
May 20 -
Blue Ridge Bankshares will be based in Charlottesville, Va., after completing its $43 million purchase of Virginia Community Bancshares.
May 20 -
Banks are starting to lower their rates to savers, due to easier Fed policy and lower expected profits; Commercial lenders see big rise in non-performing loans.
May 20 -
The Illinois bank is buying a bank formed in the 1970s to serve Cuban-Americans.
May 17 -
JPMorgan Chase is buying InstaMed, a cloud-based health care payments platform that’s seen significant growth in recent years from consumer medical payments.
May 17 -
The moves are part of a plan CEO Rajinder Singh discussed in a conversation with American Banker.
May 17 -
The two leagues expect to spend the rest of this year integrating the merger, which will become effective no later than Jan. 1.
May 17 -
The fintech M&A wave is sweeping over the dining and fast-food industries, with major companies like Amazon, Walmart and American Express spending on smaller firms that focus on digital food delivery and payments.
May 17 -
Heritage will have 17 branches around San Francisco when it completes the $200 million acquisition.
May 17 -
Financial advisory firm hopes to double in size in three years leveraging Goldman’s resources; bank had about £1 billion worth of orders.
May 17 -
Democrats and Republicans on the House Financial Services Committee called for steps to minimize the harm to community banks and credit unions bracing for the new accounting standard.
May 16 -
Agency says it will vet Timothy Sloan’s successor; Eric Blankenstein, who came under fire for 2004 racist blogs, to step down.
May 16 -
American Express has agreed to acquire Resy, a restaurant reservation booking and management platform.
May 15 -
"Institutional support" spurs cryptocurrency price gains; the regulation limits what banks can charge for going negative on accounts.
May 15 -
Ask 453 bankers their forecasts on loan demand and the economy, or their feelings about the BB&T-SunTrust merger, pot banking as well as other hot issues, and a clear picture emerges. Promontory Interfinancial Network recently did just that, and here our five takeaways from the results.
May 15 -
The new capital will allow the Austin bank to increase its lending limit.
May 14 -
The bank plans rollout of a global cash management business; the lead Democrat on the Senate Banking Committee “not optimistic” about privatization.
May 14 -
The Illinois company will gain six offices after it buys Investors' Security Trust.
May 13 -
Purchase of United Capital Financial would extend the bank’s reach; the bank is raking in online deposits even as it pares back its branch network.
May 13




















