The New Orleans company is comfortable buying with the deal despite MidSouth's lingering credit issues, given a shared history and the opportunity to add low-cost deposits.
It just got harder for banks in Georgia to enforce noncompete agreements in employee contracts. For employees of two merging banks, BB&T and SunTrust, the timing couldn’t be better.
Political contributions from Wall Street rose, but did they influence policy?; bank stocks post biggest monthly gain since President Trump was elected.
Rising premiums and lenghty earn-back periods have made investors more skeptical than ever about M&A. So the sooner banks are able to convert systems and rebrand, the sooner they'll be able to meet the promised cost-cutting and revenue targets.
Wall Street moves to compete with the low-fee financial services giant; activist investor has an uphill climb for a seat at this week’s annual meeting.
When M&T Bank was acquiring Wilmington Trust in 2011, it tapped into Abigail Mrozinski's deep understanding of its newly added wealth business to help the merger go smoothly.
The Indiana credit union agreed to pay $21.3 million in cash for New Bancorp, which was created when its savings bank converted to a stock-owned company in 2015.