M&A
M&A
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A judge has approved Anchor Bancorp Wisconsin's plan to file for bankruptcy.
September 3 -
When it agreed to be sold to Stifel last year, KBW was painted as a victim of weak bank M&A and the transformation of investment banking. Things are looking up now as the combined company ranked as the top advisor in four of six U.S. regions at midyear.
September 1 - Minnesota
Merchant Bank in Winona, Minn., plans to buy two branches from Associated Banc-Corp (ASBC) in Green Bay, Wis.
August 30 -
Citigroup Inc., the third-biggest U.S. bank by assets, may sell half its Texas branches as Chief Executive Officer Michael Corbat refocuses on the biggest urban areas, three people with direct knowledge of the matter said.
August 30 - Kentucky
First Financial Northwest in Washington ousted a longtime CEO, while HopFed Bancorp in Kentucky seated an outsider on its board and canceled an acquisition, under pressure from activist shareholders. More banks can expect similar fights.
August 30 -
Columbia Commercial Bancorp (CLBC) in Hillsboro, Ore., has completed a $6.6 million capital raise through a private placement offering.
August 29 -
The acquisitive Prosperity Bancshares in Houston is set to slow its growth following a deal for Tulsa's F&M.
August 29 -
The banking industry enjoyed a second consecutive record quarterly profit in the three months through June, according to the FDIC. But lower unrealized gains on available-for-sale securities sparked concerns about future risks from rising interest rates.
August 29 -
Superior Bancshares in Hazelwood, Mo., has reportedly agreed to sell a 40% stake in itself to an investor group.
August 29 -
Dwight Utz, who is leaving VantageSouth in North Carolina five months after it bought his bank, says he is looking for CEO jobs Virginia, Maryland or Pennsylvania.
August 29 -
Bill Heffernan has done it all over four decades in Miami banking, and has even been a mayor of a small town. Now, as a new board member of Apollo Bank, he'll advise the community bank on growth strategies.
August 29 -
The Federal Reserve Board has given Valley National Bancorp in Wayne, N.J., approval to redeem $127.5 million of trust-preferred securities.
August 29 -
State Bank Financial Corp. in Atlanta has named a new credit guru.
August 29 -
Heartland Financial (HTLF) in Dubuque, Iowa, plans to raise up to $75 million.
August 29 -
Prosperity Bancshares in Houston has agreed to buy F&M Bancorp in Tulsa, Okla.
August 29 - Pennsylvania
GNB Financial in Gratz, Pa., has agreed to buy Liberty Centre Bancorp in Pottsville, Pa.
August 29 -
VantageSouth Bancshares in Raleigh, N.C., announced that its president will resign.
August 29 - South Carolina
CresCom Bank in Myrtle Beach, S.C., has agreed to buy a branch from First Carolina Bancshares in Waterboro, S.C.
August 28 -
Traditional bank M&A in Georgia has been nearly dead in recent years, but Hamilton State Bancshares' deal this week to buy Cherokee Banking suggests that the Peach State may be primed for consolidation.
August 28 -
Heartland Financial in Dubuque, Iowa, has hired a chief financial officer.
August 28




