M&A
M&A
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West Bancorp. recently took out a loan to buy back 8% of its common stock, while BNC Bancorp used borrowed funds to exit Tarp.
June 13 -
Security State Bank has agreed to buy Security State Bank in a deal that could eliminate some brand confusion in central Iowa.
June 13 - PSO content
Parallon, a healthcare industry business and operational services provider, announced this week that it will acquire The Outsource Group, a healthcare revenue cycle management firm.
June 13 -
PNC Financial Services, the second-largest U.S. regional bank, faces the same decision on its 21 percent stake in BlackRock that confronts many individual investors: sell or hold?
June 13 -
Heartland Financial USA in Dubuque, Iowa, has agreed to buy Morrill Bancshares in Merriam, Kan.
June 13 -
After spending recent years repairing its balance sheet, Hanmi Financial (HAFC) is again looking to grow. To do so, it's eyeing markets that Korean-American lenders have traditionally neglected.
June 12 -
Shareholders took a big gamble that Atlantic Coast Financial in Florida can raise enough capital to save itself when they rejected a buyout offer. There are more funds to be had these days, but they are harder to get, experts warn.
June 12 -
Four Corners Community Bank in Farmington, N.M., has agreed to buy Citizens State Bank of Cortez in Colorado.
June 12 -
The private equity firm Milestone Partners has sold Mariner Finance, a former division of Baltimore's First Mariner Bancorp.
June 12 -
United Community Financial in Youngstown, Ohio, has raised $5 million of capital and announced plans to reshuffle the executive team at its bank.
June 12 -
John Thain, chief executive officer of CIT Group, said the logic of selling his company to a larger bank is "obvious," while declining to comment on whether such a deal has been discussed.
June 12 - PSO content
DBA International has issued a Request for Proposals seeking qualified independent third-party auditing firms to provide compliance audits related to DBAs Debt Buyer Certification Program.
June 12 -
Royal Bank of Canada, the country's largest lender by assets, will consider acquisitions of as much as C$5 billion ($4.9 billion) as it seeks to expand its wealth- management unit, Chief Financial Officer Janice Fukakusa said.
June 12 - Mississippi
Renasant and First M&F have lifted the curtain on certain aspects of their planned merger as part of a tentative settlement of a shareholder lawsuit.
June 12 -
Carl Chaney says his relocation recognizes that the Big Easy is a major part of the Gulfport, Miss., company's growth strategy.
June 12 -
Companies that purchase delinquent accounts secured an estimated $230 million in default judgments against New Yorkers in 2011, according to a report from the New Economy Project, but failed to prove they owned the debt in a majority of cases.
June 12 -
Texas Capital Bancshares (TCBI) in Dallas has announced its CEO succession plan. Keith Cargill, 60, will become president and chief executive of the $10 billion-asset company when current chief George Jones, 69, retires at yearend.
June 11 -
Eastern Virginia Bankshares (EVBS) in Tappahannock has extended the deadline for a pending rights offering.
June 11




