M&A
M&A
-
JPMorgan Chasereclaimed the No. 1 title by market value, nudging Wells Fargo, as the impact of last year's wrong-way bet on derivatives fades and investors wager on an investment-banking rebound.
February 7 -
Customers Bank is buying a commercial loan portfolio based in New England from Flagstar. The deal would reunite Jay Sidhu with some valuable former employees.
February 6 -
The recently renamed ConnectOne Bancorp in Englewood Cliffs, N.J., has filed to raise up to $46 million through an initial public offering.
February 6 -
First Niagara (FNFG) in Buffalo has created a banking region that includes branches it bought last year from HSBC.
February 6 -
Flagstar has asked the Treasury to delay the sale of its Tarp shares, will have to pay more than $90 million in connection with a bond insurer's lawsuit, and announced the sale of more commercial loans.
February 6 -
Problem assets, rival bids, unyielding regulators - these are just a few things that spell disaster in bank mergers and acquisitions. The highlights and lowlights of canceled deals in recent years.
February 6 -
The U.S. government has padded its return on aid to Citigroup (NYSE:C) during the financial crisis.
February 5 -
A Chicago private-equity firm has acquired a mortgage company from a struggling Milwaukee bank.
February 5 -
Payments processor Elavon is expanding its distribution network in Canada with a deal to acquire Toronto-based Collective Point of Sale Solutions.
February 5 -
The nation's biggest asset manager now owns roughly 6% of the outstanding stock in UMB, the companies disclosed in Tuesday filings with the Securities and Exchange Commission.
February 5 -
Ally, the former lending arm of General Motors, reported earnings of $1.4 billion in the fourth quarter after a $206 million loss a year earlier.
February 5 - PSO content
Buying a distressed loan isn't usually considered similar to trolling for discounted airfare.
February 5 -
Kind words by Stewart McClure, the head of Somerset Hills Bancorp, for Kevin Cummings, the CEO of rival Investors Bancorp, are part of a mutual admiration society budding in New Jersey banking.
February 4 -
Stop Huntingdon Animal Cruelty said Monday that a U.S. Bancorp unit is a lender to Huntingdon Life Sciences, a U.K.-based research facility that helps makers of pharmaceuticals, chemicals, cosmetics and other products assess the safety of their wares.
February 4 -
Terminations of bank deals have dramatically slowed since 2009, when a third of the announced deals were called off. Still, buyers should give regulators a heads-up and leave ample time to finalize details.
February 4 -
The CEO of the country's largest bank sounded off once again, admitting mistakes and waving the banner for banks on Monday in Miami.
February 4 -
TrustAtlantic Bank has agreed to buy a branch from fellow North Carolina lender Harrington Bank.
February 4 -
A breakdown of M&A announcements in the financial services industry for the week ended February 2.
February 4 -
Capitol Bancorp in Lansing, Mich., has moved a step closer to selling a troubled unit in New Mexico.
February 4 -
With success in many markets riding on innovative technology, banks are turning to the tricky game of venture investing.
February 4





