M&A
M&A
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Western Alliance's deal for a small industrial loan company out of bankruptcy shows that old-fashioned financial deals still have appeal for shrewd shoppers.
January 31 -
A once minor marketing relationship with Ravens quarterback Joe Flacco has become one of the best moves ever by Baltimore's struggling First Mariner Bank.
January 31 -
Brookline Bancorp (BRKL) in Boston reported higher quarterly earnings after an acquisition boosted interest income.
January 31 -
The payments technology company plans to acquire the online banking company for its bill payment technology.
January 31 -
FIS, the number-one financial services technology company on the FinTech 100 ranking, Thursday announced it has signed a definitive agreement to acquire mFoundry, a Larkspur, Calif.-based mobile banking and payments provider.
January 31 -
Fees from mortgage banking and fewer troubled loans lifted First Mariner Bancorp in the fourth quarter. The $1.38 billion-asset company in Baltimore earned $1.6 million in the fourth quarter after losing $4 million a year earlier.
January 31 -
Yadkin Valley Financial in Elkin, N.C., sold a reinsurance business during the fourth quarter.
January 31 -
Dick Bove, the country's most quotable bank analyst, has a new firm, a 167-page "Banking Manifesto," and a lot of optimism about the industry's future.
January 31 -
Lakeland Bancorp (LBAI) in Oak Ridge, N.J., has tapped a new leader for its bank just two days after announcement plans to buy Somerset Hills Bancorp (SOMH).
January 31 -
ACI Worldwide and Fidelity National Information Services each announced acquisitions of companies that provide payments technology.
January 31 - PSO content
Pioneer Credit Recovery, a collection agency in New York state, has helped a county in Illinois recoup $320,000 in 11 months.
January 31 -
The Treasury Department has unloaded its latest round of bank stocks from the Troubled Asset Relief Program at a deep discount.
January 31 - PSO content
Consumer debt buyers rarely get thorough documentation of the defaulted loans they purchase, a Federal Trade Commission report found.
January 31 -
The long-delayed merger between First California Financial Group (FCAL) and Premier Service Bank (PSBK) has been called off.
January 30 -
Porter Bancorp (PBIB) in Louisville, Ky., has turned to Sandler O'Neill to help it recapitalize after another quarterly loss.
January 30 -
One PacificCoast Bancorp (OPCB) in Oakland, Calif., has agreed to buy a controlling stake in Albina Community Bancorp (ACBC) in Portland, Ore.
January 30 -
Capital Bank Financial (CBF) of Coral Gables, Fla., marked its first full quarter as a public company with an increase in profits that fell short of expectations.
January 30 -
The valuation of United Bankshares' deal for Virginia Commerce — 1.8 times tangible book — is an encouraging sign for other sellers.
January 30 -
The Minnesota bank is generating strong profits on its specialty lending, but is the run-up in its stock price a validation of that strategy or investors hoping that it will be acquired?
January 30 -
First Belleville Bancshares didn't buy First National Bank in Hays, Kan., because of the seller's accounts-receivable unit, though the business could prove to be a nice added value.
January 30



