M&A

Fed, FDIC sign off on BB&T-SunTrust megamerger — with a catch

11/19/19

The regulators approved the deal after nine months of consideration, but the Fed hit SunTrust with a consent order tied to "unfair and deceptive" business practices from 2013 to 2017.

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Now that script's been flipped, will more banks buy credit unions?

11/19/19

An Indiana bank is looking to complete the first outright purchase of a credit union since the financial crisis. Though hurdles exist, some industry observers say more such deals are doable.

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It's a seller's market in the Carolinas

11/18/19

United Bankshares in West Virginia was willing to pay a healthy premium for Carolina Financial, one of a dwindling number of available banks with more than $4 billion in assets.

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United in W.Va. to make big Carolinas push with latest bank deal

11/18/19

The company will pay $1.1 billion for Carolina Financial in Charleston, S.C., in a deal that will add nearly $5 billion in assets.

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BB&T-SunTrust's incentive, Fannie-Freddie freedom, core vendor 'ransom': Top stories of the week

11/15/19

Earnings hit could be avoided if BB&T and SunTrust complete deal by 2020; Fannie and Freddie will likely exit conservatorship by 2024, Calabria says; tired of paying 'ransom' to core vendors, two small banks fund new one; and more from this week's most-read stories.

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Pennsylvania M&A poised for comeback after slow 2019

11/15/19

More banks in the state are considering acquisitions to cut costs and combat margin pressure.

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Consolidation isn't the answer for regionals

11/15/19

If regional banks really want to compete against behemoths and nonbank entrants they need to emphasize products over M&A.

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'Don't try the FDIC's patience': Comments of the week

11/14/19

Readers react to the FDIC's fine against a bank over a 5-year-old consent order, Regions Financial's about-face on acquisitions, HUD's promotion of a controversial CFPB official and more.

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Indiana bank lines up rare credit union acquisition

11/14/19

First Bank of Berne has agreed to acquire Adams County Credit Union, flipping the script in a year in which 14 credit unions have announced deals to buy banks.

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Will Iberiabank's no-premium deal touch off big-bank M&A wave?

11/12/19

The Louisiana company's willingness to combine with First Horizon without a big initial payday is fueling talk that other banks could be keen on selling at relatively inexpensive prices.

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