M&A

First Merchants settles with Justice Department over mortgage practices

06/13/19

The Indiana company, which has an acquisition pending, will make more loans in minority neighborhoods around Indianapolis.

[more]

When is a fintech too big to be bought by a bank?

06/13/19

The head of the venture capital firm Nyca Partners recommends that banks find firms that are big players in narrow markets and wouldn't strain tangible common equity to purchase.

[more]

Consumers pounce on 4% mortgages; What’s in a name?

06/13/19

Lenders should get a boost from refinances and purchase loans; BB&T and SunTrust Banks’ name choice questioned.

[more]

Hard sell ahead for BB&T-SunTrust as ‘Truist’ lands with a thud

06/12/19

Judging by day one on social media, you’d think the new Truist brand was a flop. But marketing and branding experts say the name has a lot going for it. What matters most will be how the two banks advocate for the name.

[more]

BB&T-SunTrust unveil postmerger name that nods to legacies

06/12/19

The combined company will be known as Truist, which plays off “trust,” a word the banks’ original names had in common.

[more]

First Tennessee, Capital Bank to be rebranded as First Horizon

06/11/19

The Memphis, Tenn., company said a common corporate identity for all its units made sense given a recent acquisition and its growth ambitions.

[more]

Citizens looks to poach BB&T-SunTrust talent, but should expect a fight

06/11/19

The Rhode Island company is counting on disruption from the megamerger to accelerate its Southeast expansion, according to commercial banking chief Don McCree. But BB&T’s Kelly King has a message for him: Not so fast.

[more]

New leadership, same aversion to M&A

06/10/19

An unusual succession plan at Burke & Herbert Bank raised speculation that Virginia's oldest bank might be interested in buying another institution, for the first time in its history, or even selling to a larger rival. The bank's interim CEO, and the man who will replace him, have other plans.

[more]

Regions to buy health care asset management firm

06/07/19

Highland Associates has $26 billion in assets under management on behalf of not-for-profit medical endowments and foundations. Regions Financial is following the lead of other regionals, which have been scooping up investment firms that specialize in health care.

[more]

Credit union shopping spree funded by taxpayers

06/07/19

As credit unions buy up community banks, policymakers should take another look at ending the industry’s tax exemption and regulatory breaks.

[more]