M&A
M&A
- PSO content
FactorTrust, a provider of underbanked consumer data, analytics and risk scoring solutions on consumers underserved by traditional banking channels, announced Monday a joint initiative with FICO.
March 11 -
Signature Bank in New York has hired eight bankers from Citigroup to run two private client banking teams.
March 11 -
Bank of the West in San Francisco is making a middle-market commercial lending push.
March 11 -
Nationstar Mortgage Holdings was ordered to stop auctioning some home loans backing mortgage securities after an investor sued.
March 8 -
U.S. private-equity investors Wilbur Ross and J. Christopher Flowers are lining up to finance British homebuyers as the country's biggest banks pull back.
March 8 -
Costly due diligence and the heavy demands of institutional investors still make it difficult for aspiring acquirers to pull the trigger on bank M&A.
March 8 -
BankUnited in Miami Lakes, Fla., has priced a planned secondary offering by its biggest investors.
March 8 -
Union First Market Bankshares in Richmond, Va., has repurchased a large block of common stock from one of its largest investors.
March 8 -
Citigroup (NYSE:C) has asked the Federal Reserve to authorize a $1.2 billion share buyback program this year, in a bid to prove it has recovered from the financial crisis and improved its operations in the past year.
March 7 -
The merger of NBT Bancorp (NBT) and Alliance Financial Group (ALNC) is nearly official.
March 7 -
CommunityBank of Texas has agreed to buy Vista Bank Texas. "These are two independent powerhouses coming together to fill a hole in the Houston banking market," said J. Pat Parsons, CommunityBank's CEO.
March 7 -
OneWest Bank in Pasadena, Calif., which has been considering a sale or an initial public offering, has been meeting with potential merger partners, according to a report.
March 7 -
A number of banks will 'find themselves' in the year ahead via deals that redefine where they operate and what they do, a Deloitte study finds.
March 7 -
Old Second Bank in Aurora, Ill., aims to prove that it and other Tarp banks that burned through all their common equity can survive.
March 7 - PSO content
At least three law firms are investigating the sale of Asset Acceptance Capital Corp. to decide if shareholders are receiving fair compensation in the buyout and whether the firm breached its fiduciary duties.
March 7 -
BBCN Bancorp (BBCN) in Los Angeles has filled the leadership left open by Alvin Kang's resignation as president and chief executive earlier this year.
March 7 -
Sticking with recent tradition, M&T CEO Robert Wilmers used his annual letter to shareholders to skewer the "too big to fail" banks he believes caused the financial crisis.
March 7 -
Annapolis Bancorp (ANNB) in Maryland has repaid its Troubled Asset Relief Program funds in preparation for its sale to F.N.B. Corp (FNB).
March 6 -
BankUnited looked like a seller last year, but a secondary offering of nearly 20 million shares will let PE profit and should arm BankUnited with a more valuable currency for buying banks.
March 6 -
The U.S. District Court for the District of Columbia has sided with regulators in the decision to shutter United Western in 2011.
March 6






