M&A

JPM’s boffo earnings; N.Y. Fed says cyberattack could be ‘devastating’

01/14/20

Bank beats estimates as earning soar 21%; a cyberattack on the American banking system could create havoc on financial stability.

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Visa's $5 billion Plaid deal takes a possible rival off the table

01/13/20

In the battle to control consumer data, Visa has made a major score by agreeing to acquire Plaid, a technology company that it could have seen grow into a competitor.

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Visa to buy plaid for $5.3 billion in bid to reach startups

01/13/20

The purchase price is double the fintech's valuation in a 2018 funding round.

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Citizens names new CEO of private wealth subsidiary

01/13/20

The Providence, R.I., bank said that Rick Suarez would succeed Rob Clarfeld as head of Clarfeld | Citizens Private Wealth.

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Truist unveils logo that emphasizes high-touch, high-tech focus

01/13/20

The regional bank, formed from the merger of BB&T and SunTrust, will begin marketing its new brand in conjunction with next month’s Super Bowl.

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Security Bank in Tennessee to buy neighboring lender

01/13/20

The bank will top $500 million in assets after it acquires F&M Bancshares.

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HSBC eyes sale of its French retail business

01/10/20

The effort is part of a push by interim Chief Executive Officer Noel Quinn to cut costs at Europe’s largest lender by assets.

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Norwood entering upstate New York with latest bank acquisition

01/09/20

The Pennsylvania company will pay $80 million for the parent of USNY Bank.

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Truist innovation lab will put customers at center of product development

01/07/20

Clients will have an active role in testing new products and services at the regional giant formed by the merger of BB&T and SunTrust, says Chairman and CEO Kelly King.

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Professional Holding in South Florida plans $75M initial public offering

01/07/20

The company, which has agreed to buy Marquis Bancorp, could use some of the proceeds to fund growth and pay off a line of credit.

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