M&A
M&A
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Seacoast CEO Dennis Hudson, in a letter to the company's biggest shareholder, touted improved performance while questioning the timing of the investor's push for a sale.
May 16 -
A pair of Massachusetts thrifts have bought insurance agencies.
May 16 -
PacWest Bancorp in Los Angeles is the latest bank to exit its loss-share agreements with the Federal Deposit Insurance Corp.
May 16 -
BBCN Bancorp in Los Angeles will rebrand itself as Hope Bancorp after buying Wilshire Bancorp. The $8.1 billion-asset BBCN also plans to change the name of its banking subsidiary to Bank of Hope after the deal closes.
May 13 -
As more fintech companies seek bank charters in the U.S., acquiring a community bank is one potential option.
May 13 -
Seattle, with great demographics and low unemployment, is an attractive market, but M&A is constrained by a dearth of locally owned banks.
May 13 -
Stephen Scherr, Goldman Sachs Group's chief strategy officer, will take on the additional role of chief executive officer for banking operations.
May 13 -
Approval from the Federal Reserve Board is all that stands between Bank of the Ozarks in Little Rock, Ark., and two acquisitions that will add $6.1 billion in assets.
May 13 -
BancAlliance, a network of community banks that has been snapping up loans from LendingClub, is weighing whether to suspend purchases on the online platform after the company said it's overhauling internal controls.
May 13 -
Coastal Carolina Bancshares in Myrtle Beach, S.C., said in a press release Thursday that it will pay $12.2 million in cash and stock for VistaBank in Aiken, S.C.
May 12 -
KeyCorp in Cleveland will open a regional headquarters in western New York as part of its acquisition of First Niagara Financial Group.
May 12 - Texas
Recent speculation that Comerica is on the block has sparked a conversation about how regulators would vet the sale of a SIFI.
May 12 -
The head of a small bank in Massachusetts has negotiated a $1.3 million change-in-control payment when his bank gets sold even though he will remain with the new company. Investors in the seller complain that's unfair, but others say it can be a mutually beneficial incentive for M&A dealmakers.
May 11 -
Seacoast Banking in Florida is facing pressure from CapGen, its biggest investor, to generate better returns or sell to a larger institution.
May 11 -
HomeStreet in Seattle has agreed to buy most of the assets and deposits of Bank of Oswego, including the Lake Oswego, Ore., bank's branches.
May 11 -
CBI Bank & Trust in Muscatine, Iowa, said Tuesday that it has agreed to buy a branch in Davenport, Iowa, from MidWestOne Bank in Iowa City.
May 10 -
After two failed attempts to find a buyer, New England Bancorp in Massachusetts agreed to close all four of its offices before selling to Independent Bank. Independent ultimately decided to keep one branch open.
May 10 -
Sunshine Bancorp in Plant City, Fla., has agreed to buy FBC Bancorp in Orlando, Fla.
May 10 -
A dozen directors were re-elected at Middleburg Financial in Virginia despite a protest from the company's biggest investor.
May 9 -
PL Capital, a big investor in Banc of California, is proposing that the Irvine company adopt majority, rather than plurality voting, for the election of directors.
May 9







