M&A
M&A
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First Data posts an acquisition release in error, though it may eventually buy the company.
October 19 -
First Reliance in South Carolina, which recently announced its first bank acquisition, is angling to take advantage of disruption caused by bigger mergers in the Carolinas.
October 19 -
First Bank will enter a new market and gain access to low-cost deposits after it completes the acquisition.
October 18 -
Navient has suspended stock buybacks to buy and expand a debt-refinancing firm that faces stiff competition from fintechs, and some shareholders aren’t happy.
October 18 -
By acquiring WePay, JPMorgan Chase — the bank that comes to mind when words like "incumbent" and "legacy" are uttered — proves that size does matter in the fintech game.
October 18 -
The Illinois company, four months removed from its last bank acquisition, just announced the biggest purchase in its history. Alpine Bancorp. will add low-cost deposits and scale to Midland States' wealth management business.
October 18 -
JPMorgan Chase has made several investments in financial technology startups, but its plan to buy WePay will give its 4 million small-business clients a much more direct way to adopt digital payments.
October 17 -
The current regulatory focus drives the growth of ever-larger, harder-to-manage and harder-to-regulate megabanks, while community banks have been left to be picked up by acquirers.
October 17 -
PacWest reversed a valuation allowance on tax credits, which helped boost third-quarter earnings. PacWest also expects its deal for CU Bancorp to close this week.
October 17 -
Third-quarter profits at the Georgia bank rose 52% thanks to doubled-digit growth in consumer lending and the sale of credit card assets it had obtained from the retailer Cabela's.
October 17 -
Howard Bancorp CEO Mary Ann Scully was so keen on buying 1st Mariner that she met with a representative of one of the Baltimore company's three largest shareholders before meeting with management, and she kept talking with them. It worked.
October 16 -
Vantiv's $11.6 billion acquisition of U.K.-based Worldpay Group in August was the largest transaction in the financial technology and information sector during the third quarter of 2017, according to the latest report from investment bank Berkery Noyes.
October 13 -
The company agreed to buy Commercial Bancshares for $59 million in stock.
October 13 -
The Tennessee bank said it has bought Professional Mortgage in Greenville, S.C., which services about $1.1 billion of commercial mortgage loans for 23 correspondent life company lenders.
October 11 -
The Tupelo, Miss., company has recouped its “satisfactory” community reinvestment rating, removing a regulatory obstacle to two pending acquisitions.
October 11 -
Business First will raise $66 million through a stock placement to help fund the deal.
October 6 -
The $30 million acquisition has hit a snag over problems with Franklin’s commercial real estate portfolio.
October 6 -
The Ohio company's CRA rating took a hit after it inadvertently overcharged some customers.
October 6 -
The merger of Honor and Post Community Credit Unions will serve more than 75,000 mmebers across Michigan.
October 5 -
ADP has purchased Global Cash Card, provider of electronic payments services, to consolidate operations in the payroll card industry.
October 5
















