M&A
M&A
-
University Bancorp gained a number of offices from Huron Valley Financial. It also hired lenders and staff with experience in reverse mortgages and wholesale lending.
March 23 -
What the FIS-Worldpay deal means for banks; behind the OCC's public rebuke of Wells Fargo; ripple effect feared as Fed mulls lifetime bans for two bankers; and more from this week's most-read stories.
March 22 -
Members of Credit Union South, which has lost money during the past five years, voted to approve the merger.
March 22 -
Advent International and Bain Capital have made quite a team in payments industry deals.
March 21 -
Paul, one of American Banker's Community Bankers of the Year in 2012, made Eagle a formidable Washington-area institution.
March 21 -
First Bank is removing a competitor by agreeing to acquire Grand Bank for $19 million.
March 20 -
Speaking at a press conference, Federal Reserve Chairman Jerome Powell said the bank’s risk management failures have required a dramatic overhaul of its processes.
March 20 -
Mechanics Bank was close to buying Rabobank's U.S. unit last year, but pressed pause when the seller ran into serious legal troubles.
March 20 -
The bank aims to revitalize with internal promotions; German chancellor will let the country’s two biggest banks work things out themselves.
March 20 -
McLean Mortgage is not going forward with a potential sale to Congressional Bank in Bethesda, Md., saying an agreement that made sense for all parties wasn't possible.
March 19 -
More than 20 banks have been sold to credit unions. A prominent banking lawyer made the case at this year's ICBA convention that banks can become more aggressive acquirers.
March 19 -
Dumping passwords in favor of interoperable, flexible identity is an evolution as bumpy as it is necessary. FIS and Worldpay’s combination stands to create tools that can smooth this road.
March 19 -
The FIS-Worldpay merger is the largest international payments deal to date, significantly topping the recent Fiserv-First Data merger that turned heads at the beginning of the year. But the FIS deal’s strategic implications could be more interesting than the raw numbers.
March 19 -
As competitive pressures mount for midsize banks, more institutions are likely to follow the lead of BB&T-SunTrust and amass more resources for investing in AI, digital platforms and other cutting-edge technologies.
March 19 -
The deal will give Janney greater access to the community banking sector.
March 19 -
The bank is tying manager pay to inclusive hiring; Cboe Global Markets to stop trading bitcoin futures.
March 19 -
The companies could bring something new, such as merchant acquiring to community banks, but their merger could also cause anxiety about giant vendors.
March 18 -
Bank technology giants FIS and Fiserv are spending nearly $66 billion between them in just the past few weeks to add a broad swath of payments technology — including a few key nuggets that will help them go toe to toe with fintechs.
March 18 -
Given the size of the deal — which includes about $9 billion of Worldpay’s debt on top of a $34 billion bid — the pressure’s on to build a global powerhouse that can counter other major fintech mergers announced in the past weeks. FIS must also emerge as a nimble rival to the startups that threaten the old order.
March 18 -
The $35 billion deal could create "a global payments giant"; with the number of community banks dropping as low as 5,477, it may be time for new ones.
March 18






















