M&A

FHA to tighten mortgage standards; The man who can make or break a credit card

03/25/19

Agency concerned about the number of "risky" mortgages being approved; Brian Kelly, who runs The Points Guy website, can determine if a card succeeds or fails.

[more]

Michigan bank expands mortgage operations with asset purchase

03/23/19

University Bancorp gained a number of offices from Huron Valley Financial. It also hired lenders and staff with experience in reverse mortgages and wholesale lending.

[more]

FIS-Worldpay's impact, OCC's Wells Fargo rebuke, lifetime banker bans: Top stories of the week

03/22/19

What the FIS-Worldpay deal means for banks; behind the OCC's public rebuke of Wells Fargo; ripple effect feared as Fed mulls lifetime bans for two bankers; and more from this week's most-read stories.

[more]

Ronald Paul retires as Eagle Bancorp CEO, citing health issue

03/21/19

Paul, one of American Banker's Community Bankers of the Year in 2012, made Eagle a formidable Washington-area institution.

[more]

First Bank in N.J. to buy bank based just miles away

03/20/19

First Bank is removing a competitor by agreeing to acquire Grand Bank for $19 million.

[more]

Fed chief hints Wells Fargo's regulatory issues are far from over

03/20/19

Speaking at a press conference, Federal Reserve Chairman Jerome Powell said the bank’s risk management failures have required a dramatic overhaul of its processes.

[more]

A 'transformational' merger, three years in the making

03/20/19

Mechanics Bank was close to buying Rabobank's U.S. unit last year, but pressed pause when the seller ran into serious legal troubles.

[more]

HSBC plans global banking overhaul; Merkel to sit out merger talks

03/20/19

The bank aims to revitalize with internal promotions; German chancellor will let the country’s two biggest banks work things out themselves.

[more]

McLean Mortgage halts M&A talks with Congressional Bank

03/19/19

McLean Mortgage is not going forward with a potential acquisition by Congressional Bank of Bethesda, Md., saying reaching an agreement that made sense for all parties wasn't possible.

[more]

Will banks turn the tables and buy credit unions?

03/19/19

More than 20 banks have been sold to credit unions. A prominent banking lawyer made the case at this year's ICBA convention that banks can become more aggressive acquirers.

[more]