M&A
M&A
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Two Pennsylvania utility-energy credit unions have finalized their merger, with integration plans expected to be complete by the end of this month.
November 1 -
TCF is looking to diversify its streams of revenue as it dials back auto lending amid concerns about weakening credit quality.
October 30 -
The bank is looking to raise $72 million, which it could use for organic growth and acquisitions.
October 30 -
Palisades FCU will assume the New York City-based credit union’s members, shares and loans.
October 27 -
Fintrax provides multi-currency digital payment processing for international shoppers, and will add Planet Payment's base of clients in nearly two dozen countries.
October 27 -
The Montana company agreed to buy Inter-Mountain Bancorp in an all-stock deal valued at $173 million. The company has lined up nine bank acquisitions in the last five years.
October 27 -
If Congress changes the $50 billion-asset threshold for systemically important financial institutions, big banks could take it as a signal that regulators would be amenable to larger deals.
October 26 -
Readers weigh in on Amazon as a bank threat, claims that big banks are poor fintech partners, whether there are too many banks in the U.S. and more.
October 26 -
A planned spinoff, combined with several new ventures, should help BankMobile turn the corner, says Luvleen Sidhu, the digital-only bank's president.
October 25 -
Consolidation has led to too few community banks, which is amplified in areas where capital is needed most.
October 25 -
The company, which agreed to buy Southwest Bancshares in Mobile, also plans to sell $45 million in stock to help fund the deal.
October 24 -
Loan growth drove the New York bank’s 20% increase in third-quarter earnings, and those results don’t include its acquisition of Astoria Financial this month.
October 24 -
The mutual, which agreed to buy First Colebrook Bancorp, had recently opened a limited-service branch in Portsmouth, N.H.
October 24 -
For community bankers, the current environment is more challenging than ever, with high regulatory burden and tough competition. Four bank CEOs sat down to discuss the future of the industry, and what they are hoping may change.
October 24 -
Increased investor appetite and the emergence of specialized debt ratings are expected to spur demand, and community banks are looking for ways to fund expansion and hedge against future economic downturns.
October 23 -
The biggest innovators in payments aren't necessarily banks, and that's a problem for JPMorgan Chase, which has such a large client base that every startup sees it as a target.
October 23 -
Flush with capital and facing stiff competition for customers, many regional banks appear to be mulling acquisitions to accelerate growth.
October 20 -
In recent years, there's been a lot of activity in payments M&A, but a few deals stand out — some for their size, and others for their ability to transform both parties in a fundamental way.
October 20 -
The Lafayette, La., company also reported its third-quarter earnings, which fell by more than 41% from a year earlier as it recorded several one-time charges.
October 20 -
Dramatic changes in the way banking services are delivered combined with slow economic growth has resulted in too many banks chasing too little business, said BB&T's CEO.
October 19
















