Another bank merger is delayed because of coronavirus outbreak


Pinnacle Bankshares and Virginia Bank Bankshares said the move will let each bank focus more on responding to the COVID-19 pandemic.


SoFi to buy payments firm Galileo for $1.2 billion


The acquisition would give SoFi control of a technology platform that is currently used by some of its competitors in digital banking.


NCUA extends comment period for credit union-bank purchase proposal


The regulator formally announced the 60-day delay on Monday after tweeting about it over the weekend.


North Carolina investment group buying Tennessee bank


The acquirer had pursued a de novo strategy in its home state but was unable to raise enough capital.


Banks improvise annual meeting plans as pandemic worsens


The COVID-19 crisis is forcing many banks to hold their spring shareholder meetings online only.


New York banks delay merger closing due to coronavirus outbreak


Flushing Financial, which had planned to complete its purchase of Empire Bancorp in early April, has moved its target date back by about two months.


Coronavirus outbreak forces VSB to delay vote on sale to Northfield


The New York company moved its April shareholder meeting to June because of the pandemic.


Will OCC plan silence some critics of bank M&A?


Groups often will oppose mergers on Community Reinvestment Act grounds. But the proposal would tighten standards for when the agency includes “adverse comments” in the process.


Coronavirus emerges as risk factor for pending bank mergers


First Horizon and Pacific Premier are warning in regulatory filings that the pandemic could complicate deals that have not been completed.


Bank M&A was already slowing down. Then the pandemic hit.


Coronavirus concerns, along with the Fed's emergency rate cut and an erratic stock market, have forced most bankers to take pause and reassess potential deals.