M&A
M&A
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CapStar claims Gaylon Lawrence violated the Change in Bank Control Act by building a 10% stake without prior Fed approval. The company says it's convinced Lawrence's long-term plan includes a hostile takeover.
November 21 -
Blue Lion Capital believes a heavy focus on mortgages and acquisitions is hurting HomeStreet's financial performance.
November 21 -
The merger will expand Wisconsin-based Marine's Iowa footprint.
November 20 -
The merger of Fallowfield and South Manchester CUs will give the institution a total of 3,700 members and a loan portfolio of $3.6 million.
November 20 -
The Tennessee branches are being sold as part of First Horizon's deal to buy Capital.
November 20 -
The credit union has agreed to buy State Bank of Georgia in Fayetteville.
November 17 -
The company, which counts veteran banker Jay Sidhu among its investors, is selling to Ameris for $145 million in cash and stock.
November 17 -
The deal for PayPal’s consumer loan portfolio will make Synchrony a bigger player in e-commerce. And the agreement helps the Silicon Valley payments giant achieve its goal of reducing its exposure to the credit cycle.
November 16 -
The company has agreed to pay $49 million for First West Virginia Bancorp, the parent of Progressive Bank.
November 16 -
Deutsche Bank and Commerzbank have held talks before, and now they have a common shareholder — the U.S. PE firm Cerberus — in a position to broker a deal.
November 16 -
Bank of McKenney rebranded itself as Touchstone Bank after its merger with CCB Bankshares.
November 15 -
Freeing a number of big banks from enhanced oversight, including capital requirements, could motivate CEOs to pursue deals. Still, other impediments could prevent a flood of large mergers.
November 14 -
The acquisition is expected to boost WesBanco’s presence in Huntington, W.Va., and provide a bridge to its existing operations in Charleston, W.Va., and southeastern Ohio.
November 14 -
The company will pay $53 million in cash and stock for Signature Bank.
November 14 -
The planned sale will also include $70 million of loans in southern California.
November 13 -
The company has reapplied to buy Civic Bank more than a year after a regulatory snag forced it to put the deal on ice.
November 13 -
Sterling Bancorp in New York is determined to turn Astoria Financial's largely residential operation into a commercial powerhouse. While investors are skeptical, CEO Jack Kopnisky has proven in the past that such an ambitious plan is doable.
November 13 -
HSBC Chairman Mark Tucker has met with shareholders and discussed takeovers of U.S. credit card businesses in his first month in office, the Sunday Times reported.
November 13 -
The deal has been approved by boards of both institutions and is expected to close by the middle of next year.
November 10 -
Pat Hickman, CEO of Happy State Bank, wants his institution to remain viable in the face of stifling regulation. As for selling? That'll happen over his dead body, he says.
November 9














