M&A
M&A
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The global conglomerate Koch Industries plans to invest $2 billion in Infor, an enterprise software provider for various industries including financial services.
November 16 -
Franklin Financial Network in Franklin, Tenn., has filed plans to raise up to $62 million in a common stock offering.
November 16 - Montana
Glacier Bancorp in Kalispell, Mont., will enter Arizona after buying TFB Bancorp in Yuma.
November 16 -
Little Bank in Kinston, N.C., has agreed to buy its first bank. It will pay $30.7 million, or $11.94 a share, for the $298 million-asset Union Banc in Oxford, N.C.
November 15 -
First Republic Bank in San Francisco is looking to raise $287 million from a secondary offering.
November 15 -
It's the beginning of the end for major job cuts at U.S. banks, according to Challenger, Gray & Christmas Inc., a firm that advises many of them on workplace reductions.
November 15 -
KeyCorp integrated First Niagara just a couple of months after the deal closed. CIO Amy Brady says coordination between business leaders and the tech team paved the way.
November 14 -
The Trump transition team is said to have recommended that Steven Mnuchin be nominated Treasury secretary. A Goldman Sachs alum, he is known as a successful change agent for his roles in the transformation of the failed IndyMac into OneWest and the revamping of CIT, but some community reinvestment advocates remain critical of him.
November 14 -
The same incentives structure that encouraged bad behavior at the bank can be blamed for ethical mishaps in other industries as well as the government.
November 14 - Mississippi
Trustmark in Jackson, Miss., has agreed to buy RB Bancorp. in Athens, Ala.
November 14 -
T Acquisition, an entity formed by A. Haag Sherman and the partners of Cain Watters & Associates, has agreed to buy the $207 million-asset parent of T Bank for $40.5 million, based on the seller's number of shares outstanding at Sept. 30.
November 14 -
Community banks in the Pacific Northwest and New England completed acquisitions late in the week, and the TIAA-EverBank deal has moved a step closer to reality.
November 11 -
Vantiv has been building omnichannel capabilities for years, and this deal will give that a boost.
November 11 -
Midland States Bancorp in Effingham, Ill., has launched an efficiency push after a period of expansion that reached another milestone Thursday.
November 10 -
Meta Financial in Sioux Falls, S.D., has agreed to buy the tax advance and consumer lending business of Specialty Consumer Services in Hurst, Texas.
November 10 -
Kenny and Sean Salas, founders of Camino Financial in Los Angeles, have a pretty good idea of what it's like to be a Hispanic small-business owner who can't catch the attention of traditional banks. They have established an online marketplace, a credit-scoring model and relationships with online lenders to help fill the void.
November 9 -
New York Community's acquisition of Astoria Financial will not get the necessary regulatory OK this year, but both parties remain committed to the transaction, the CRE-heavy acquirer said.
November 9 -
Will another reason for market fluctuations hurt stock-heavy merger agreements? Will the promise of lighter regulation give buyers more time to chase deals, or encourage prospective sellers to stay independent? The wheels are already turning in the minds of dealmakers after Trump's defeat of Clinton.
November 9 -
A look at the outcome of the most important races for the financial services industry.
November 9 -
Seacoast Banking Corp. of Florida recently announced another bank deal just months after its biggest shareholder complained of subpar performance. The bank insists it is sticking to a long-term plan to build value.
November 8




