M&A
M&A
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Traditional gadflies are again pressing banks to find buyers. They could soon be joined by less vocal investors who still know how to put pressure on executives and directors.
August 25 -
Marketplace lenders and other alternative finance companiesshould be perceived not as a threat, but rather as a group of pioneers opening up opportunities for those banks that elect to buy, build or partner in this market.
August 25 -
SBT Bancorp in Simsbury, Conn., plans to raise about $7.5 million through a private placement of subordinated debt and $8.6 million through a public offering of common stock.
August 25 -
Even as the number of credit unions shrinks, the number of credit union branches is going up, opposite the trend in bank branching, according to new analysis.
August 25 -
Phoenixville Federal Bank & and Trust in Pennsylvania has converted to a state charter.
August 24 - North Carolina
ASB Bancorp in Asheville, N.C., has received its second demand in less than a month to put itself on the auction block.
August 24 -
A breakdown of M&A announcements in the financial services industry for the week ended August 22.
August 24 -
When the hurricane hit the Gulf Coast nearly a decade ago, it brought with it unimaginable destruction. Still, it also allowed the area's banks a chance to work together, connect with clients and work toward a stronger future.
August 24 -
Stock fluctuations will fuel investment banking fees in the short run, but a prolonged shock would complicate bank M&A and could tighten margins, crimp wealth management fees and present other risks.
August 24 -
WASHINGTON A Federal Deposit Insurance Corp. publication on Monday advised banks to include cyber risk in standard disaster-planning and business-continuity exercises as part of general strategic-planning discussions.
August 24 -
Cecil Bancorp in Elkton, Md., has been ordered by federal regulators to raise more capital or sell itself.
August 21 -
First Horizon National in Memphis, Tenn., is giving itself another two months to complete its purchase of TrustAtlantic Financial.
August 21 -
The Wisconsin company hasn't bought a bank since 2007. The potential for unforeseen regulatory snags and scrutiny from community groups have the company's conservative management team biding their time.
August 21 - Arkansas
Simmons First National in Pine Bluff, Ark., had a convenient "in" as it was looking to buy wealth management firm Ozark Trust and Investment Corp. in Springfield, Mo.
August 21 -
First Federal Savings and Loan Association of Lakewood in Ohio has agreed to acquire Belpre Savings Bank in Belbre, Ohio.
August 20 - Mississippi
Planters Holding in Indianola, Miss., has agreed to buy Covenant Financial in Clarksdale, Miss.
August 20 -
While in talks to buy National Penn Bancshares, BB&T circulated an email to help key executives understand Pennsylvanias prominent cultural and religious groups.
August 20






