M&A
M&A
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Barclays is preparing to tell 7,000 clients to do more trading with the firm or find another bank, the latest move in an industrywide trend of winnowing down customer lists to the ones that produce significant profits.
December 19 -
Old Second Bancorp in Aurora, Ill., raised $45 million from a debt sale.
December 16 -
Pacific Metro Bank would cater to Chinese-Americans around Atlanta. The application process is worth watching since the group is seeking the first Georgia charter in seven years and would be based in a market where more than 90 banks have failed since 2007.
December 16 -
The $14.3 billion-asset company said in a press release Thursday that it will sell about 4.3 million shares of common stock.
December 15 -
Capital Business Credit, a New York-based business finance company, has been acquired by a San Francisco-based lender.
December 15 - Georgia
Colony Bankcorp in Fitzgerald, Ga., has bought back more of its former Troubled Asset Relief Program shares held by private investors.
December 15 -
Ed Francis, a former executive at Hancock Holding, is seeking to buy an existing bank rather than pursue a new charter. He explains why he is prefers a complex bankruptcy process over applying to form a new bank.
December 15 -
First Internet Bancorp in Fishers, Ind., disclosed in a regulatory filing that it is looking to raise $25 million capital through a stock offering.
December 15 -
Popular Inc. in San Juan, Puerto Rico, will absorb another hit to its earnings tied to a dispute with the Federal Deposit Insurance Corp.
December 15 -
A prominent activist investor has pared back its stake in three banks.
December 15 - California
Bay Commercial Bank in Walnut Creek, Calif., has agreed to buy First ULB in Oakland, Calif.
December 15 -
PCSB Bank in Yorktown Heights, N.Y., is planning to convert to stock ownership, ending 145 years as a depositor-owned mutual.
December 15 -
The $8.2 billion-asset company said in a press release that it will move westward with an agreement to buy the $2.5 billion-asset Southwest Bancorp in Stillwater, Okla., for $564 million.
December 14 -
The $1.3 billion-asset Veritex said in a press release Wednesday that it will pay $162 million for the $1.1 billion-asset Sovereign.
December 14 -
The industry finally sees a bit of an opening in its effort to roll back the 2010 law that capped fees on debit card transactions. But opposition from the retail sector will be fierce.
December 14 -
Pacific Premier in California has been firing on all cylinders when it comes to lending, but it needed low-cost deposits. Buying Heritage Oaks Bancorp will do just that.
December 14 -
Renasant in Tupelo, Miss., is the latest bank in the Deep South to announced a large stock offering.
December 14 -
F.N.B. Corp. in Pittsburgh has hired an executive to lead its new Charlotte, N.C., office after it completes its deal for Yadkin Financial.
December 14 -
But they wont do it right away. Heres why not, and what will have to change in retail and commercial banking for deposit-funding costs to begin to rise along with increases in the federal funds rate.
December 14 -
Southern National Bancorp of Virginia in McLean has agreed to buy Eastern Virginia Bankshares in Glen Allen for $178.3 million.
December 13





