M&A
M&A
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Management expressed frustration about expense control during a conference call to discuss quarterly earnings.
January 23 -
Require megabanks to pay their stealth subsidies into a reserve available only to creditors and the FDIC. Market discipline will do the rest, as shareholders demand that the banks shrink.
January 23 -
Wintrust Financial (WTFC) announced another small acquisition to expand its operations in Illinois, saying it would buy First Lansing Bancorp, which has seven branches, $370 million in assets and $325 million in deposits.
January 23 -
The industry trade association released the results from its simulation of an "orderly" Dodd-Frank wind-down, as well as a paper endorsing the FDIC's resolution approach.
January 22 -
Naftali Bennett, co-founder of security firm Cyota, heads the Jewish Home Party slate in Israel's parliamentary elections.
January 22 -
The Columbus, Ga., company reported higher quarterly earnings, helped by a $800 million deferred tax asset, and quieted M&A talk for now.
January 22 -
PremierWest Bancorp (PRWT) in Medford, Ore., took a loss in the fourth quarter as it sought to remove dead wood from its balance sheet.
January 22 -
Valley Bank in Fort Lauderdale, Fla., will get an assist from its parent after facing a capital shortfall.
January 22 -
A breakup perhaps has never ended so well as when the local investors bought out Capitol Bancorp's majority stake in three Colorado banks more than two years ago.
January 22 -
Peoples Bancorp (PEBO) in Marietta, Ohio, reported increased profit despite a shrinking net interest margin.
January 22 - PSO content
The city council in Knoxville, Tenn., is considering Tuesday whether to join the ranks of city's hiring collection agencies to recover unpaid court costs and property taxes.
January 22 -
FirstMerit (FMER) in Akron, Ohio, posted stronger quarterly results largely because of higher fee income and lower expenses.
January 22 -
Synovus Financial posted stronger fourth-quarter earnings after it recaptured substantially all of the value of its deferred tax asset.
January 22 -
The Minnesota Department of Commerce closed the $50.2 million-asset 1st Regents Bank in Andover on Friday.
January 18 -
The $3 billion-asset StellarOne of Charlottesville, Va., said Friday that it will buy a branch from the $508 million-asset Village Bank and Trust (VBFC) in Midlothian, Va.
January 18 -
Capital One's fourth-quarter results and 2013 profit guidance disappointed investors, sowing doubts about the earnings power of its acquisitions of ING Direct and HSBC's U.S. credit card portfolio.
January 18 -
U.S. Century Bank in Doral, Fla., sold about $120 million of loans in the fourth quarter of 2012.
January 18



