M&A
M&A
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A breakdown of M&A announcements in the financial services industry for the week ended March 9.
March 11 -
FirstMerit (FMER) has hired a veteran banker to lead its operations in Wisconsin.
March 11 -
Michael Carrazza, a private equity investor who bailed out Patriot National Bancorp, is eager to make loans while searching for the optimal exit strategy.
March 11 -
As a veteran senior executive in the male-dominated banking industry, Terri Dial left a void that has yet to be filled a year after her death.
March 11 -
Florida bank-buyer Bond Street Holdings bulked up on failure deals, took a 19-month break and has returned to M&A with the aim of $5 billion in assets by yearend.
March 11 -
Hanmi Financial Corp's talks with rivals about a possible sale have stalled because of disagreements over price and management, said people with knowledge of the matter.
March 11 - 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







