Will Germany's two biggest banks revive merger talks?
Deutsche Bank and Commerzbank have held talks before, and now they have a common shareholder — the U.S. PE firm Cerberus — in a position to broker a deal. ... Read full article
Deutsche Bank and Commerzbank have held talks before, and now they have a common shareholder — the U.S. PE firm Cerberus — in a position to broker a deal. ... Read full article
Bank of McKenney rebranded itself as Touchstone Bank after its merger with CCB Bankshares. ... Read full article
Freeing a number of big banks from enhanced oversight, including capital requirements, could motivate CEOs to pursue deals. Still, other impediments could prevent a flood of large mergers. ... Read full article
The acquisition is expected to boost WesBanco’s presence in Huntington, W.Va., and provide a bridge to its existing operations in Charleston, W.Va., and southeastern Ohio. ... Read full article
The company will pay $53 million in cash and stock for Signature Bank. ... Read full article
The planned sale will also include $70 million of loans in southern California. ... Read full article
Sterling Bancorp in New York is determined to turn Astoria Financial's largely residential operation into a commercial powerhouse. While investors are skeptical, CEO Jack Kopnisky has proven in the past that such an ambitious plan is doable. ... Read full article
The company has reapplied to buy Civic Bank more than a year after a regulatory snag forced it to put the deal on ice. ... Read full article
HSBC Chairman Mark Tucker has met with shareholders and discussed takeovers of U.S. credit card businesses in his first month in office, the Sunday Times reported. ... Read full article
Pat Hickman, CEO of Happy State Bank, wants his institution to remain viable in the face of stifling regulation. As for selling? That'll happen over his dead body, he says. ... Read full article
Adding retirement accounts broadens the app's offerings to millennial clients. ... Read full article
The company has agreed to buy CBBC Bancorp. It also raised $63 million to pay for the deal and fund future growth. ... Read full article
The company, which recently bought Sabadell United in Miami, is pledging to make billions of dollars in mortgages and small business loans in low- and moderate-income communities. ... Read full article
Ira Robbins, the CEO-in-waiting at Valley National Bancorp, will have to complete a major acquisition, make the bank more competitive on returns and costs and tackle other tough tasks after taking over for Gerald Lipkin. ... Read full article
CapStar Financial is suing an investor on claims he misled other shareholders and is trying to skirt bank holding company laws. ... Read full article
Kearny agreed to pay $408 million for Clifton Bancorp in a deal that will add 12 branches in northern New Jersey. ... Read full article
TCF is looking to diversify its streams of revenue as it dials back auto lending amid concerns about weakening credit quality. ... Read full article
The bank is looking to raise $72 million, which it could use for organic growth and acquisitions. ... Read full article
The Montana company agreed to buy Inter-Mountain Bancorp in an all-stock deal valued at $173 million. The company has lined up nine bank acquisitions in the last five years. ... Read full article
If Congress changes the $50 billion-asset threshold for systemically important financial institutions, big banks could take it as a signal that regulators would be amenable to larger deals. ... Read full article