M&A
M&A
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A breakdown of M&A deals by bank size and by region, along with American Banker's semi-annual ranking of deal advisers.
April 1 -
William Harrison, Jr., the former Chairman and CEO of JPMorgan Chase and an outspoken defender of large banks, says forced breakups are not in the cards.
March 28 -
The parent company of AmericanWest in Spokane, Wash., and PremierWest Bancorp (PRWT) in Medford, Ore., have nearly completed their deal after encountering lackluster support.
March 28 -
A director of First Cornerstone Bank is looking to buy 85% of the King of Prussia, Pa., bank.
March 28 -
Wisconsin's CIB Marine started losing millions of dollars long before the financial crisis thanks to overexpansion. A succession of three CEOs sold off retail operations, purged assets and used the bankruptcy process to salvage the bank.
March 28 -
Bank of America (BAC) co-Chief Operating Officer Thomas K. Montag received a 21% raise to $14.5 million for 2012, topping his boss Brian T. Moynihan for the third straight year.
March 28 -
Genworth Financial (GNW), an insurer in Richmond, Va., has agreed to part with its wealth management operations for $412.5 million.
March 28 -
MidSouth Bancorp (MSL) in Lafayette, La., will pay $2 million for rights it issued as part of last year's acquisition PSB Financial.
March 28 -
Cordia Bancorp has taken full ownership of Bank of Virginia.
March 28 -
Bryn Mawr Bank in Pennsylvania It has agreed to buy MidCoast Community Bancorp in Wilmington, Del.
March 28 -
Glacier Bancorp in Kalispell, Mont., has agreed to buy North Cascades National Bank in Chelan, Wash.
March 28 -
Defendants in a collection operation agreed to settle Federal Trade Commission charges after allegedly misleading consumers into paying unnecessary fees and falsely threatening consumers with lawsuits.
March 28 -
CNB is an infrequent buyer but agreed to acquire a smaller bank near Columbus, Ohio, as a way to enter a market without abandoning its preference for organic growth.
March 27 -
Enterprise Financial Services in St. Louis has extended the contract of chief executive Peter Benoist by one year.
March 27 -
Banks are moving into new territories and new lines of business in their ongoing quest for new revenues. It can be a profitable strategy, but experts say they need to be cautious about loan pricing and concentration risk.
March 27 -
First BanCorp (FBP) in San Juan, Puerto Rico, has enhanced and extended an offer to convert preferred shares into common stock.
March 27 -
Eastern Virginia Bankshares (EVBS) in Tappahannock plans to raise $50 million through a private placement and a rights offering.
March 27 -
CNB Financial (CCNE) in Clearfield, Pa., has agreed to acquire FC Banc (FCBZ) in Bucyrus, Ohio, for about $40 million, or $30 a share in cash and stock.
March 27 - Maryland
Jefferson Bancorp in Lutherville, Md., has received regulatory approval to buy Carrollton Bancorp (CRRB) in Columbia, Md.
March 27 - PSO content
Two Florida banks have found a way around squabbling over the value of troubled credits: let the seller keep them.
March 27






