M&A

Hometown Community entering northwest Illinois with bank acquisition

08/20/19

The company has agreed to buy Albany Bancshares, which has four branches near the Iowa border.

[more]

Former mutual to buy bigger bank in Atlanta

08/20/19

Community First will pay $40 million in cash for the parent of Affinity Bank.

[more]

A-Rod, J. Lo invest in fintech; Inverted yield curve hurts regionals

08/20/19

The power couple wants to help turn Acorns Grow from a niche app into a megabank; with many floating-rate loans, regionals’ profits drop as yields slip.

[more]

Capital One to buy tech-focused investment bank

08/19/19

Capital One agreed to buy KippsDeSanto, a Northern Virginia company that specializes in advice to the defense and government contracting sectors.

[more]

Deutsche's tragic blind spot, USAA's diversity drive, lenders' card obsession: Top stories of the week

08/16/19

Deutsche Bank overhaul plan will put taxpayers and the financial system at risk; the San Antonio company names three women to key technology positions; issuers like Chase and Citi need to think beyond traditional card options; and more from this week's most-read stories.

[more]

Capital One bulks up in robo advice with United Income buyout

08/16/19

United, which helps retirement-age savers find the best ways to manage their wealth, is Capital One's answer to a flurry of similar deals made by rivals.

[more]

ConnectOne announces in-market deal for Bancorp of New Jersey

08/16/19

The company will pay $113 million for a commercial lender based in its backyard.

[more]

Ink barely dry on two deals, OceanFirst chief scouting another

08/15/19

Christopher Maher is kicking the tires on an "acquisition of size" that would propel the New Jersey bank across the $10 billion-asset mark.

[more]

United Financial could've sold for a lot more money, filing shows

08/14/19

People’s United offered 30% more in the summer of 2018 for United Financial than it agreed to pay in a deal announced last month. What followed the initial talks is a textbook lesson in the impact of indecision and the unexpected in bank M&A.

[more]

Indiana credit union agrees to buy community bank

08/14/19

Indiana Members Credit Union will pay cash for Commerce Bank.

[more]