M&A
M&A
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New York Private Bank & Trust, the parent company of Emigrant Bank, has fully repaid its Troubled Asset Relief Program funds.
July 24 -
Porter Bancorp in Louisville is poised to make John Taylor its chief executive after the sudden retirement of Maria Bouvette. The move could improve its changes of attracting new investors to recapitalize it.
July 24 -
BankUnited (BKU) in Miami Lakes, Fla., added interest income and beat earnings estimates as it expanded into New York City last quarter.
July 24 -
Berkshire Hills Bancorp in Pittsfield, Mass., and Community Bank System in DeWitt, N.Y., have struck deals to buy branches from Bank of America.
July 24 -
Trustmark in Jackson, Miss., says it is starting to realize the benefits of its acquisition of BancTrust Financial Group.
July 24 -
German American Bancorp in Jasper, Ind., has agreed to buy United Commerce Bancorp in Bloomington, Ind.
July 24 -
Executives of PacWest had become frustrated with the shortcomings of traditional, deposit-heavy banks when seeking M&A targets. They reached instead for the prospect of loan growth provided by commercial financier CapitalSource.
July 23 -
In a move that will give D+H deeper roots in the U.S. and a broader product set, the Canadian company announced Tuesday that it has reached an agreement to acquire Harland Financial Solutions.
July 23 -
Providing financing to solar farms is 'socially responsible' and a good way to expand in leveraged loans, its CEO says. Its in-house experts came via an acquisition.
July 23 -
Bank analyst Brian Foran poked fun at his own job-hopping during a regional bank's second-quarter earnings call.
July 23 -
MB Financial was eager to buy Taylor Capital because of its commercial lending prowess, not its mortgage unit. However, private-equity firms are said to be in talks to buy the unit.
July 23 -
Carlyle Group is selling off the last of its stake in Boston Private Financial Holdings (BPFH).
July 23 -
FirstMerit (FMER) in Akron, Ohio, reported higher second-quarter profit after completing its acquisition of Citizens Republic Bancorp.
July 23 -
PacWest has agreed to buy CapitalSource for $2.3 billion, a transaction that would fulfill CapitalSource's longtime goal of becoming a full-fledged bank. It is the year's biggest bank deal.
July 22 -
Hancock Holding (HBHC) has agreed to sell 10 Whitney Bank branches that the Gulfport, Miss., company had planned to close, as well as loans and deposits associated with the branches.
July 22 -
A breakdown of M&A announcements in the financial services industry for the week ended July 20.
July 22 -
Wilshire Bancorp is projecting cost savings of 60% for its deal with a Los Angeles rival, Saehan Bancorp. If it can pull that off, more intra-market deals among Korean-American banks could follow.
July 22 -
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





