M&A
M&A
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The sale of the $1.4 billion-asset Premium Assignment Corp. to IPFS is expected to close in the fourth quarter.
September 26 -
As Huntington's chief regulatory liaison, Helga Houston deserves much of the credit for the fact that the Fed approved the FirstMerit acquisition in just 185 days.
September 25 -
A "transformational" capital raise led by CEO Mary Ann Scully set the stage for Howard Bank's largest-ever acquisition.
September 25 -
Live Oak Bancshares is used to finding ways to make small-business loans, but its new M&A operation was formed after two bankers pitched the plan to Live Oak's management.
September 22 -
Electric Energy Inc Employees CU will become part of larger credit union.
September 22 -
Brookline will pay $56 million in cash and stock for First Commons in a deal that will add $324 million in assets.
September 21 -
Did hackers access the credit bureau's computers two months earlier than the company first thought?; the Fed's decision to start unwinding its balance sheet should raise rates and boost bank profits.
September 21 -
The Cincinnati bank says its investment unit is taking an equity stake in NRT Sightline to provide a wide range of banking and payments services to casino operators.
September 20 -
The Massachusetts company hired banking veteran Mark Thompson, who recently scrapped an effort to buy a struggling bank in Boston, as its bank president.
September 20 -
The new business will advise Live Oak clients on how to structure and finance acquisitions.
September 20 -
The cash acquisition allows First American to expand its operations in Kenosha, Wis.
September 20 -
The new institution will be the result of a merger between Newaygo County Service Employees CU and Rogue River Community CU.
September 19 -
The Dallas company has extinguished talk of a potential sale after aggressively cutting costs over the past year. But concerns about its future — including its ability to find new sources of revenue — remain.
September 18 -
Florida and Texas are normally major sources of mergers, but bankers in those states likely will take a break to assess damage from the hurricanes before returning to dealmaking.
September 18 -
The preparations underscore the trouble Chinese buyers face in persuading the panel that investigates foreign acquisitions to greenlight takeovers.
September 18 -
The Cincinnati company has agreed to acquire Epic Insurance Solutions in Louisville, Ky., as it continues to build out its fee-based lines of business.
September 15 -
Deutsche Bank AG plans to consolidate its global wealth management operations, despite the negative effect on client assets in some locations.
September 15 -
The banking companies agreed to terminate their planned merger after regulators withheld approval. The snag is tied to a previously disclosed issue with Hope's 2016 financial results.
September 15 -
The New Jersey company has agreed to acquire Quadrant Capital to expand in its home state. The company recently bought Murphy Capital.
September 15 -
The New York bank has prided itself on its ability to grow organically, but CEO Joseph DePaolo hinted Wednesday that M&A could be in its future.
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