M&A
M&A
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The acquisitive company plans to buy Blue Hills Bancorp to boost its footprint in eastern Massachusetts.
September 20 -
Seven other banks passed on a chance to bid on FCB Financial, perhaps showing the small pool of large buyers eager to make a big commitment to the Sunshine State.
September 20 -
The company said the move should address investor concerns about potential margin compression, slower loan growth and an economic slowdown.
September 20 -
Community bankers reject the conclusions of a Government Accountability Office report that say regulatory burdens only had a “modest effect” on the declining number of banks since 2010.
September 19 -
The New York company said Wednesday that the new group will provide loans and other services to early-stage, consumer-focused companies.
September 19 -
Senior managers at selling banks often get big payouts and move on. But some decide (or are allowed) to stay and can make major contributions. Here are examples of execs who famously became difference makers after sticking around, or of keepers from recent deals who could have a big impact.
September 18 -
Bennett Bradley, BB&T's chief digital officer, discusses how an investment in Enigma, which helps companies leverage data, fits within the regional bank's fintech strategy.
September 18 -
A sluggish business climate and few M&A opportunities freed up midsize banks to invest in better tech systems and services, says Regions Chairman Grayson Hall.
September 17 -
First Busey is buying a bank with a large securities portfolio, whose size would be easier to adjust than traditional bank assets as it seeks to stay below the $10 billion mark.
September 14 -
Swedish financial services provider Klarna Bank has boosted its U.K. foothold by agreeing to buy merchant bankers Close Brothers' retail financing portfolio.
September 14 -
Philadelphia Mint FCU has lost money for each of the last several years.
September 13 -
Washington Federal in Seattle allowed Anchor Bancorp to find another buyer after BSA issues forced it to withdraw its merger application.
September 13 -
The company will pay $142 million for Carolina Alliance Bank three months after buying NewDominion in Charlotte, N.C.
September 13 -
Regulators have approved the merger of Vibe and Okland County Credit Unions, which is expected to take effect early next year.
September 12 -
The Los Angeles company will also gain its first branches in Nevada after completing the $467 million acquisition.
September 12 -
Entrust Financial CU plans to merge into ValleyStar CU to create a $500 million institution.
September 11 -
Just days after Honolulu-based Hawaiian Financial announced its rebranding, the credit union has merged with nearby Times FCU.
September 11 -
The proposed rule is another step in the agency's implementation of a regulatory relief bill that President Trump signed into law in May.
September 10 -
Ring's smart doorbell was its billion-dollar ticket to Amazon's empire, which bought the company as part of its move into consumers' homes and communities.
September 10 -
Ripple's role in streamlining international transactions and the popularity of its XRP tokens has boosted the company's value, but has also drawn critics who claim Ripple is illegally gaming the market.
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