News Topic: M&A

Murphy Capital Management in Gladstone, N.J., focuses on high-net-worth individuals, businesses and nonprofits. ... Read full article

Thanks to the Federal Reserve's unwinding of post-crisis policies, the next wave of mergers will be driven in part by a drop in deposits. ... Read full article

Anchor Bancorp in Laney, Wash., lowered its expectations in the face of impatient investors and buyers’ concerns about antitrust, credit quality and other issues. ... Read full article

Royal Bank of Canada got an earnings boost from its U.S. capital markets business and its ownership of City National Bank in Los Angeles, helping to offset softer growth at home. ... Read full article

The $3.2 billion-asset company agreed to pay $32 million in cash and stock for Lafayette Community Bancorp in a deal that is expected to close in the third quarter. ... Read full article

The Tennessee bank has agreed to pay nearly $85 million for Capstone Bancshares in Alabama. ... Read full article

Regulators have hinted that they're warming up to the idea of startups, but industry veteran George Groves is raising money to buy an existing bank because he fears the approval process will take too long. ... Read full article

Union Bankshares is poised to become a nearly $12 billion-asset bank in a state that lost most of its midsize institutions in the 1990s and early 2000s. ... Read full article

The company agreed to buy Commerce Bancshares in Worcester, Mass., in a deal that is expected to close in the next six to nine months. ... Read full article

Readers opine on legacy core systems, the negative messaging around the Troubled Asset Relief Program, Jamie Dimon defending his Trump ties, and more. ... Read full article

The Trump administration must weigh risks to national security in its review of the $1.2 billion deal. Its decision will shed light on whether — given the president’s “America First” rhetoric — Chinese investment is still welcome in the U.S. financial ... Read full article

The bank, based on the east coast of Florida, is bulking up on the Gulf. It has agreed to buy NorthStar Bank in Tampa a month after buying another bank in the same city. ... Read full article

In March 1998, American Banker reported plans by Norwest Corp. to establish sales quotes and step up cross-selling. Three months later, the Minneapolis bank merged with Wells Fargo. ... Read full article

Attractive demographics, a large supply of startups that appeared built to sell and a surplus of smaller banks struggling with high expenses have combined to make the Mid-Atlantic one of the most active regions for mergers and acquisitions. ... Read full article

Banks and nonbanks are typically foes, but banks made 34 nonbank M&A deals through mid-May, emerging as buyers in two-thirds of them. Many buyers are eager to pad fee income by adding investment, specialty finance or insurance firms; sellers are ... Read full article

In an extensive interview, Philadelphia Fed President Patrick Harker talks about the challenges facing community banks, the biggest threat to the financial system and the possibility of interest rate hikes later this year. ... Read full article

The Maryland company agreed to pay $489 million in stock in a deal that is expected to close in the fourth quarter. ... Read full article

The company also said it believes there are no regulatory obstacles that will derail its planned acquisition of Astoria Financial. ... Read full article