M&A
M&A
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United continues to extend a far-flung operation that includes branches in Chicago, Denver and Florida.
February 2 -
Social Finance continues to expand outside student loans, buying Zenbanx, a digital bank and money transfer startup; prepaid card provider fined $13 million over 2015 system outage.
February 2 -
Arkadi Kuhlmann, the founder and CEO of the neobank Zenbanx who pioneered branchless banking at ING Direct, explains why he stopped pursuing a bank charter and made a deal with Social Finance.
February 1 -
Old Line will have more than $2 billion in assets when it completes the acquisition, its fourth since 2011.
February 1 -
The $12.8 million Employees First CU lost $2.8 million in 2016.
February 1 -
The Louisiana company will enter several markets around Dallas with the $21 million deal
February 1 -
The acquisition should allow the San Francisco-based online lender SoFi to fulfill a long-standing goal: offering a deposit account to its young, upwardly mobile customers.
February 1 -
Gary Armstrong, former Richmond, Va., market president for Park Sterling, will have a similar role at Bay Banks.
February 1 -
The $24 million Landmark CU lost more than $1 million in 2016.
January 31 -
Royal Bancshares in Pa. made tough choices to avoid collapse during the financial crisis
January 31 -
Frank Leto, Bryn Mawr’s CEO, called the acquisition of Royal Bancshares of Pennsylvania a “logical choice” for his company.
January 31 -
The Pasadena, Calif.-based prepaid card issuer expects to gain 750,000 active new cardholders in the deal.
January 30 -
Customers Bancorp says it expects to announce a deal to divest its BankMobile unit within 60 days. It could be an attractive target for a bank with strong loan demand.
January 30 -
Citigroup's plan to sell a $97 billion mortgage servicing portfolio and subservice its remaining accounts highlights the growing prevalence of nondepository servicers and raises questions about how much capacity exists for these institutions to absorb more large deals.
January 30 -
Merger will give PenFed a retail presence in the competitive San Diego marketplace.
January 30 -
The failure of Seaway Bank, once the nation's biggest black-owned bank, cost the FDIC $57.2 million.
January 27 -
Chinese's largest online payments company to get a footprint in the U.S.; Believers in blockchain bemoan the lack of global cooperation.
January 27 -
Prepaid-card provider Green Dot Corp. is in talks to buy UniRush, a smaller competitor co-founded by Russell Simmons, the music industry entrepreneur behind rap label Def Jam, according to people familiar with the matter.
January 26 -
The merger will create a bank with more than $4 billion in assets.
January 26 -
The New York company may struggle with profitability as it decides whether to find a new buyer.
January 26

















