M&A

Bank of McKenney's first bank acquisition will double its size

06/28/17

The $231 million-asset bank in Virginia will also double its legal lending limit when it buys CCB Bancshares.

[more]

United is latest out-of-state acquirer to enter North Carolina

06/27/17

The Georgia bank will pay $124 million for Four Oaks Fincorp, buying a bank with a large operation in Raleigh, N.C.

[more]

Triumph in Texas bulks up in Colo. with branch buy

06/26/17

The $2.6 billion-asset parent of TBK Bank is acquiring nine branches from Independent Bank Group.

[more]

Meridian to bolster Boston-area network with Meetinghouse acquisition

06/26/17

Meridian had been looking to expand in certain Boston suburbs before agreeing to buy Meetinghouse Bancorp for $17.8 million.

[more]

National Bank Holdings to boost operations in Colo., Kan. with latest deal

06/26/17

The company will also gain its first branches in New Mexico after it buys Peoples Inc.

[more]

Difficult deal behind it, CIBC faces even bigger challenges

06/23/17

The Canadian bank twice sweetened its bid for PrivateBancorp, raising the stakes. Now it must gain traction in the hypercompetitive Chicago market while hunting for more acquisitions.

[more]

Berkshire Hills’ quest to become New England’s next breakout bank

06/23/17

A headquarters move to Boston, a core system with plenty of headroom and a CEO who admires big acquirers like M&T and the old Banknorth: All the signs are there of an ambitious bank with a plan.

[more]

CIBC says $5B PrivateBank deal will fuel U.S. expansion

06/23/17

CIBC plans to spend two years focusing on internal growth at PrivateBank except for some targeted wealth management acquisitions, but ultimately capital outlays or takeovers will be necessary to meet its growth ambitions.

[more]

Buffett follows Goldman, B of A model in bailout for Home Capital

06/22/17

The billionaire investor agreed to buy shares at a deep discount and provide a fresh credit line for the Canadian mortgage company, tapping a formula he used to prop up lenders from Goldman Sachs to Bank of America.

[more]

How to spot the talented employees at a selling bank

06/22/17

One of the biggest challenges after a merger is deciding which people to keep and which to let go. Learning to identify certain habits and skills could simplify those decisions.

[more]