M&A
M&A
-
Republic Bancorp (RBCAA) in Louisville, Ky., posted higher quarterly earnings after booking gains tied to recent failed-bank acquisitions.
January 17 -
Virginia Commerce Bancorp in Arlington took a quarterly hit to earnings after exiting the Troubled Asset Relief Program.
January 17 -
BB&T in Winston-Salem, N.C., posted an increase in quarterly earnings on higher mortgage fees and loan growth.
January 17 -
Fifth Third (FTB) said fourth-quarter profit rose 27 percent as the firm booked a gain on a stake in Vantiv Inc.
January 17 -
MidFirst Bank in Oklahoma City has agreed to buy a specialty lender in Atlanta.
January 16 -
PacWest Bancorp (PACW) in Los Angeles posted strong quarterly earnings to end a year marked by aggressive acquisitions.
January 16 -
JPMorgan Chase's CEO spent a year shaking up the bank's top ranks after the London Whale trading losses came to light. He acknowledged Wednesday that there was "too much" management volatility.
January 16 -
Comerica (CMA) beat fourth-quarter profit estimates, as its fee revenue increased and expenses from its 2011 acquisition of Sterling Bancshares diminished.
January 16 -
Higher mortgage revenue and lower credit losses powered M&T Bank Corp. in the fourth quarter.
January 16 - PSO content
Hilco Trading LLC on Tuesday announced the formation of Hilco Receivables LLC.
January 16 -
Jamie Dimon got a 53.5% pay cut for 2012 after presiding over the London Whale's losses, but he will still bring home a $1.5 million salary and a $10 million deferred bonus.
January 16 -
United Community Financial in Youngstown, Ohio, has begun a $42 million capital raise.
January 16 -
Alvin Kang, CEO of BBCN, is said to have resigned after a disagreement with his board. His departure could clear the way for a deal for Hanmi Financial and raises the prospect of industrywide succession fights as banks consolidate.
January 15 -
Smaller institutions are following the lead of bigger banks, which is presenting buying opportunities for CEOs like Bristol County Savings Bank's Pat Murray.
January 15 - PSO content
Minnesota Attorney General Lori Swanson is backing legislation that would force all debt buyers to prove in court that they use reliable information when going after debtors.
January 15 -
An expansion to the south boosted profits at Washington Federal in Seattle in the fourth quarter.
January 15 -
The unexpected departure of the CEO of the nation's biggest Korean-American bank moves comes just days after rival Hanmi Financial announced plans to sell itself.
January 15 - PSO content
Fiserv, the third-largest provider of financial services technology on the FinTech 100 ranking, Monday announced it has acquired Open Solutions, a smaller provider of core banking software.
January 15 -
Core banking provider Fiserv will gain 800 bank clients and a real-time platform with its purchase of rival Open Solutions.
January 14 -
The third-largest fintech provider, Fiserv, will gain a real-time core banking platform and a boatload of debt with its purchase of Open Solutions.
January 14


