News Topic: M&A

Kirk Wycoff of Patriot Financial Partners will soon join PL Capital's Richard Lashley on the California company's board. ... Read full article

Clayton Bank and American City Bank are owned by Clayton HC and have a combined $1.2 billion in assets. ... Read full article

Longtime TCF Chairman and CEO Bill Cooper, who died Tuesday at the age of 73, is being remembered as an innovator who never forgot where he came from. ... Read full article

The moves show a commitment to bigger markets and make it easier for analysts and investors to visit management. ... Read full article

Legion Partners, which has raised concerns about corporate governance and pushed the bank to consider selling itself, will seek two board seats. ... Read full article

Joseph Ficalora, New York Community's CEO, told analysts that his company could still have a chance to buy Astoria "down the road." ... Read full article

First Busey plans to close the $236 million cash-and-stock acquisition by the middle of this year. ... Read full article

The deal includes about 250 correspondent relationships accounting for more than $7 billion of annual agency and governmental residential mortgage loan production. ... Read full article

Carl Chaney said he would have turned down the job if he doubted his ability to turn the New Orleans bank around. ... Read full article

Chaney was CEO of Hancock Holding in Mississippi for nearly a decade, overseeing a period of substantial growth. ... Read full article

The deal marks a milestone in SoFi’s evolution into a private bank for millennials, but it won’t solve the challenges of the alternative lender’s funding model. ... Read full article

First Interstate missed out on two chances to snag Cascade before agreeing to buy the company in November, showing the importance of staying in touch with a target. ... Read full article

Social Finance continues to expand outside student loans, buying Zenbanx, a digital bank and money transfer startup; prepaid card provider fined $13 million over 2015 system outage. ... Read full article

United continues to extend a far-flung operation that includes branches in Chicago, Denver and Florida. ... Read full article

Arkadi Kuhlmann, the founder and CEO of the neobank Zenbanx who pioneered branchless banking at ING Direct, explains why he stopped pursuing a bank charter and made a deal with Social Finance. ... Read full article

The Louisiana company will enter several markets around Dallas with the $21 million deal ... Read full article

Old Line will have more than $2 billion in assets when it completes the acquisition, its fourth since 2011. ... Read full article

The acquisition should allow the San Francisco-based online lender to fulfill a long-standing goal: offering a deposit account to its young, upwardly mobile customers. ... Read full article