M&A
M&A
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The pairing of Rockville Financial in Connecticut and United Financial in Massachusetts would create a $5 billion-asset bank that can get more efficient yet invest in growth. More deals like it have been happening around the country this year.
November 15 -
General Electric Co. (GE) will sell as much as 20 percent of its North American consumer lending business in a 2014 initial public offering as Chief Executive Officer Jeffrey Immelt shrinks reliance on financial profits.
November 15 -
Rockville Financial (RCKB) in Rockville, Conn., will merge with United Financial Bancorp (UBNK) in West Springfield, Mass.
November 15 -
Old Line Bancshares in Bowie, Md., agreed to disclose more information about a recent acquisition when challenged by shareholders, but it refused to pay any money. That rare resistance could embolden other banks to fight such suits harder, experts say.
November 14 -
Nationstar, Ocwen and Walter Investment picked a tough time to make an aggressive push into mortgage lending, but their efforts could pay off once new mortgage rules kick in.
November 14 -
Valley Financial (VYFC) in Roanoke, Va., has exited the Troubled Asset Relief Program with the repurchase of a warrant the company issued to the Treasury Department in 2008.
November 14 -
A number of roll-up companies were built for an M&A market characterized by a torrent of failed banks, a dearth of available capital and lots of sellers. Things turned out much differently. Here's how one company, National Bank Holdings, has adjusted.
November 13 -
JPMorgan Chase & Co. (JPM)'s fourth-quarter trading revenue will be slightly down from last year, according to Michael Cavanagh, who co-runs the bank's corporate and investment bank.
November 13 -
The asset-based lending division will primarily provide lines of credit, loans and equipment financing to middle-market companies with annual revenue under $100 million, according to the company's Wednesday press release.
November 13 -
The $534 million-asset company said Wednesday that it sold about 203,000 shares of common stock and nearly 400,000 shares of non-voting common stock at $16.80 each to Castle Creek Capital Partners.
November 13 -
Horizon Bancorp (HBNC) in Michigan City, Ind., has agreed to buy SCB Bancorp (SCB) in East Lansing, Mich.
November 13 -
The $782 million-asset company said in a press release Tuesday that it halved its stake in Lender Service Provider, to 25%, during the third quarter after adding two members to the processing firm.
November 12 -
Capital Bank Financial (CBF) in Coral Gables, Fla., will revise certain financial statements in its 2012 annual report to reflect a better-than-expected balance sheet tied to a bank it bought.
November 12 -
National Bank Holdings (NBHC) in Greenwood Village, Colo., has received regulatory approval for its bank to pay a $313 million dividend to the holding company.
November 12 -
Recent legal settlements have compounded big banks' fears about pursuing M&A, U.S. Bancorp chief Richard Davis says.
November 12 -
M&T Bank Corp. (MTB) said the U.S. Securities and Exchange Commission and the Department of Justice are investigating financial reports by Wilmington Trust Corp. before M&T bought the firm.
November 12 -
Great Southern Bancorp (GSBC) in Springfield, Mo., bought a loan portfolio from an unnamed seller.
November 12 -
Choice Financial Holdings in Grafton, N.D., has agreed to buy Great Plains National Bank in Belfield, N.D.
November 11 -
The company lost money in the third quarter as it aggressively looked to build assets. At least one investor urged management to take a break from acquisitions during a quarterly call to discuss results.
November 11 -
Baylake Corp. (BYLK) in Sturgeon Bay, Wis., has agreed to buy a branch from Community Bank & Trust in Sheboygan, Wis.
November 11



