Consolidations

Buyers acquire taste for deposit-rich banks

03/20/18

More buyers, spurred by increased lending and an improved economy, are pursuing deals for banks with an abundance of cheap deposits.

[more]

Urban Partnership seeks buyer: Report

02/15/18

The Chicago institution, formed in 2010 to buy the failed ShoreBank, has hired Sandler O'Neill to gauge interest from potential buyers, according to a published report.

[more]

'It's been rotting for years': Comments of the week

02/02/18

Readers react to a clash between Mick Mulvaney and Richard Cordray, opine on how quickly Congress can move financial services legislation, slam calls for increased bank consolidation and more.

[more]

A year after longtime CEO's passing, successor tackles twin challenge

01/30/18

Hadley Robbins had a difficult task stepping in after Melanie Dressel's unexpected death last year. Now he must find ways to keep expanding without disrupting a system that has proved successful.

[more]

Survival strategy: Cut the number of banks in half

01/30/18

Consolidation can help community institutions better tackle the many regulatory and financial challenges facing them.

[more]

One-time charges overshadow higher revenue at Iberiabank

01/25/18

The Louisiana company recorded charges tied to recently passed tax reform and the purchase of Sabadell United Bank.

[more]

Upstart's first step in testing fraud product: Buy a bank

01/25/18

Nano Financial will offer new technology to Commerce Bank's commercial customers as it considers ways to license it to other financial institutions.

[more]

Sterling reports 4Q loss after long list of merger expenses

01/23/18

The New York company recorded more than $130 million of expenses tied to its October purchase of Astoria Financial.

[more]

Merger and tax expenses ding F.N.B.'s bottom line

01/23/18

The Pittsburgh company reported a noisy fourth quarter that included expenses tied to its purchase of Yadkin Financial and a reduction in the value of its deferred tax assets.

[more]

Riverview in Washington prepares for first new CEO in four decades

01/17/18

Kevin Lycklama is set to succeed Patrick Sheaffer, who has led the company since 1976.

[more]