M&A
M&A
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CNB Financial in Clearfield, Pa., has picked a veteran director to be its next chairman, the sixth in the company's 32-year history.
August 11 -
Meta Financial Group in Sioux Falls, S.D., has expansion in mind, citing M&A and other growth-related pursuits as the reasons behind a $75 million debt issuance.
August 11 - Florida
ICBA Bancard has bought an agent bank portfolio from Fifth Third Bancorp in Cincinnati that carries about $98 million in credit card receivables.
August 11 -
Old Line Bancshares in Bowie, Md., has issued $35 million in subordinated debt to help pay for an acquisition and for growth moves down the road.
August 11 -
Many energy lenders are paring back exposure to the energy sector, creating opportunities for banks like First Horizon and Bank of the Ozarks.
August 11 -
Regions Financial in Birmingham, Ala., has offered to repurchase up to $750 million of its outstanding senior debt.
August 11 -
Roger Ferguson is hedging his bet that regulators will go along with his plan to turn TIAA into a financial supermarket.
August 10 -
First Financial Northwest in Renton, Wash., said Wednesday that it has repurchased about 10% of its stock under a tender offer.
August 10 -
Mercantile Bank and Dime Community recently outlined plans for their CEOs' retirements, while Cullen/Frost made the transition earlier this year. Each transition is anchored in a belief that success hinges on turning day-to-day operations over to a trusted lieutenant.
August 10 -
Old National Bancorp in Evansville, Ind., has agreed to buy its headquarters building and two other branches from a landlord.
August 10 -
The embattled firm is offering financial incentives in an effort to kick-start lending, but compliance-focused banks have been slow to respond.
August 9 -
Several court decisions in Delaware could make it harder for shareholders to sue banks following a merger announcement.
August 9 -
The $4.3 billion-asset holding company said in a press release Monday that the fixed- to floating-rate subordinated notes are due in 2026.
August 8 -
Pacific City Financial in Los Angeles has raised $15.3 million in a secondary stock offering.
August 8 -
By buying EverBank Financial, the insurance and retirement savings behemoth will gain billions of dollars in low-cost deposits and access to many new lending products that it can offer to millions of clients.
August 8 -
The Bancorp in Wilmington, Del., has raised $74 million by selling common stock and a new series of preferred stock.
August 8 -
With supervisory pressures continuing to mount, a piecemeal approach to handling banks regulatory demands is costly and ineffective.
August 8 - New York
TIAA in New York has agreed to buy EverBank in Jacksonville, Fla.
August 8 - Hawaii
First Hawaiian is going the way of Citizens Financial, spinning off from its foreign parent and becoming a stand-alone company. But don't expect big changes anytime soon.
August 5 -
Citigroup, the U.S. bank with the most derivatives, purchased a portfolio of credit-default swaps from retreating rival Credit Suisse Group AG, two people with knowledge of the matter said.
August 5





