M&A
M&A
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Customers Bancorp is weighing two cash offers and other options for BankMobile after Flagship Community Bank was unable to raise the capital needed to buy the unit.
May 31 -
KeyCorp is acquiring HelloWallet, a personal financial management product it has offered its bank customers since 2015, from the investment research firm Morningstar.
May 31 -
The company was set to sell a 24% stake in itself to buy two Tennessee banks but has restructured the arrangement to avoid a potential conflict cited by a regulator.
May 30 -
Processors are investing billions of dollars to build huge menus of tools for retailers that may no longer have the time to work with multiple vendors. These transformations are years in the making, and each investment or acquisition has the potential to dramatically change the competitive landscape.
May 30 -
The combined CU will operate under the banner of The Partnership FCU.
May 30 -
Aggressive restructuring moves and stock buybacks are giving CIT time to remold itself, but it will need to show core-banking growth to stave off calls for the company to sell itself.
May 30 -
The OCC recently gave Sterling a "satisfactory" rating and said the New York bank had addressed some concerns by the Fed that had leaked to the public and raised questions about its pending M&A deal.
May 30 -
Citigroup has agreed to sell its fixed-income analytics and index business, which includes the nearly 30-year-old Yield Book platform, for $685 million.
May 30 -
First Data hopes to enhance its ability to integrate payments with other merchant services by acquiring the processor and technology company CardConnect, which is already one of First Data's largest distribution partners.
May 30 -
The bank is the second failure in Illinois so far in 2017. Seaway Bank was closed in late January.
May 26 -
Canada's big banks are pursuing wholesale banking, capital markets and select M&A opportunities across the border to hedge against a slowing mortgage market and other economic concerns on the home front.
May 26 -
The NCUA aims to give credit unions access to in-person hearings with its governing board. Such an opportunity is lacking at federal bank regulators.
May 26 -
Murphy Capital Management in Gladstone, N.J., focuses on high-net-worth individuals, businesses and nonprofits.
May 26 -
Thanks to the Federal Reserve's unwinding of post-crisis policies, the next wave of mergers will be driven in part by a drop in deposits.
May 26 -
While CUs welcome the changes to the appeals process, the merger transparency rule is sure to raise a few eyebrows.
May 25 -
Anchor Bancorp in Laney, Wash., lowered its expectations in the face of impatient investors and buyers’ concerns about antitrust, credit quality and other issues.
May 25 -
West Denver Community CU will be absorbed by Denver Community Credit Union, following losses totaling approximately $20,000 in 2015 and 2016.
May 25 -
Royal Bank of Canada got an earnings boost from its U.S. capital markets business and its ownership of City National Bank in Los Angeles, helping to offset softer growth at home.
May 25 -
The $3.2 billion-asset company is making a bigger push into northern Indiana with its agreement to buy Lafayette Community Bancorp.
May 24 -
Regulators have hinted that they're warming up to the idea of startups, but industry veteran George Groves is raising money to buy an existing bank because he fears the approval process would take too long.
May 23



















