M&A
M&A
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An upcoming dividend rate increase on shares issued under Tarp could prompt more banks to find buyers.
July 22 -
The chief operating officer at BBCN Bancorp in Los Angeles is stepping down.
July 22 -
Bank buyers are starting to pay more for assets; valuations soared this month in Prosperitys deal for FVNB and MB Financials deal for Taylor Capital, which could be the sign of increased prices for future bank M&A.
July 22 -
The Senate's latest proposal to break up the big banks faces an uphill battle, but FDIC Vice Chairman Thomas Hoenig still says it could have a major impact on the movement to separate big banks' commercial and investment activities.
July 19 -
John Koelmel recently became the president of HarborCenter Development, a Buffalo, N.Y., real estate company with ties to a professional hockey team.
July 19 -
Second-quarter profits at Tompkins Financial Corp. in Ithaca, N.Y., rose on increased loan revenue and fees, but fell short of analysts' estimates.
July 19 -
The Buffalo, N.Y., company is bolstering its commercial lending and auto finance businesses while it looks to replace ousted CEO John Koelmel.
July 19 -
First Horizon National Corp. in Memphis missed second-quarter profit estimates as its lending and fee income slid.
July 19 -
The Georgia company is finally ready to exit the Troubled Asset Relief Program, allowing executives to set their sights on increasing revenue.
July 19 -
Ellen Futter and David Cote, two of the three JPMorgan Chase board members who became lightning rods for governance criticism this spring, have left the bank.
July 19 -
Shares of City National Corp. in Los Angeles rose Friday after it beat its earnings estimates on strong wealth management income.
July 19 -
The DBA International Board of Directors is accepting applications from representatives of third-party collection agencies who wish to be considered for a position on the Debt Buyer Certification Council.
July 19 -
First Niagara Financial Group (FNFG) in Buffalo, N.Y., met quarterly earnings estimates as its lending income ticked up and margins widened.
July 19 -
Washington Federal (WAFD) in Seattle has agreed to buy 51 branches from Bank of America (BAC).
July 19 -
Independent Bank Group has agreed to buy Collin Bank, the first acquisition for Independent since it raised $87 million in an April initial public offering.
July 19 -
Synovus Financial (SNV) said Thursday it plans to use a combination of new capital and cash on hand to repurchase preferred stock from the Troubled Asset Relief Program.
July 18 -
Sidelined by the Fed this year, BB&T wants to get back to buying banks in 2014 provided the Fed accepts its updated capital plan. Its peers are more cautious.
July 18 -
Steven Eckhaus, a prominent compensation adviser to senior bankers, has found a new home at the law firm Cadwalader, Wickersham & Taft.
July 18 -
Capital One Financial Corp., the lender that gets more than half its revenue from credit cards, posted a second-quarter profit that beat analysts' estimates as a boost in U.S. consumer confidence helped fuel spending.
July 18 -
It might take "another year from now" to finish Dodd-Frank rules that seek to end "too big to fail," Federal Reserve Chairman Ben Bernanke said. That was a slower timetable than that given by Treasury Secretary Jacob Lew.
July 18




