M&A

FDIC must have full board to rule on BB&T-SunTrust: Sherrod Brown

04/23/19

In separate letters to President Trump and the head of the FDIC, the Senate Democrat said the merger cannot be approved until all five seats of the agency's board of directors are filled.

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Activist investor to fight for HomeStreet board seats

04/23/19

Blue Lion Capital, which has been critical of the Seattle company in recent years, has nominated two individuals to become directors.

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Synovus struggles to win back investors despite early success integrating FCB

04/23/19

CEO Kessell Stelling said he thinks about Synovus' depressed stock price daily, even though his team is ahead of schedule cutting costs from a deal that closed in January.

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Fifth Third's commercial loan growth helps boost 1Q earnings

04/23/19

Fifth Third Bancorp in Cincinnati also closed on its purchase of MB Financial and benefited from increases in corporate banking revenues and a slight improvement in credit quality.

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Lenders of merged Chemical-TCF will ‘hit the ground running,’ CEO-to-be vows

04/22/19

The two banks, which plan to complete their merger by early fall, have little geographic overlap, so they can keep lending teams in place and push for immediate loan growth, according to Craig Dahl.

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Banner Bank to sell loans, deposits in Idaho to credit union

04/22/19

Spokane Teachers Credit Union will transfer the assets and liabilities to a nearby branch.

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Why a once-acquisitive bank cooled on M&A

04/22/19

Columbia Banking CEO Hadley Robbins says he's confident the bank can grow on its own as the number of buyout targets in the Pacific Northwest dwindles.

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BB&T and SunTrust vow to minimize employee, client defections

04/18/19

The cold, hard truth of bank mergers is that rivals often steal top producers and convince customers the bigger bank won’t care about them anymore. The CEOs of the merging banks explain their retention efforts.

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What BB&T, SunTrust have spent on their merger efforts

04/18/19

Tens of millions of dollars of M&A costs and a decline in mortgage activity offset higher loan income in the first quarter at the two banks, which also offered a timeline for their rebranding and shareholder votes.

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Why BNY Mellon stock dropped 10%; Blockchain still hot

04/18/19

Price hit "a grim reminder" about impact of soft interest rates; despite bitcoin's plunge, blockchain could be prominent in Wall Street's future.

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