M&A

A look at UMB's decision to sever ties with its funds business

04/20/17

Mariner Kemper, UMB's chief executive, said he struggled with the decision to sell Scout Investments to Raymond James. Selling made more sense than pumping more capital into the beleaguered business.

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United Community to buy HCSB Financial in South Carolina

04/20/17

The deal is the latest coastal acquisition for United Community. For HCSB, the sale is the final chapter in a turnaround that began 13 months earlier.

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Volunteer Bancorp in Tennessee considering selling itself

04/20/17

The company has hired an investment bank to help it consider strategic alternatives, which could also include recapitalizing.

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KeyCorp reaps benefits of First Niagara deal

04/20/17

Despite merger-related charges, the Cleveland bank's first-quarter profit climbed 63% as the addition of a million new customers led to strong gains in both interest and fee income.

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Huntington reports higher profit as it taps into FirstMerit deal

04/19/17

The Ohio company said it is retaining more FirstMerit deposit accounts than it had projected. At the same time, Huntington is moving forward with cost-cutting tied to the acquisition.

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Remaining cautious on energy credits at Hancock Holding

04/18/17

The Mississippi company reported loan growth but a dip in profits after a first-quarter acquisition, and it warned that it is on alert for any new “lag” in the energy sector.

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Synovus' 1Q profit climbs 39% on surge in consumer, commercial loans

04/18/17

The Columbus, Ga,, company also announced late Monday that it is buying the credit card assets and brokered deposits of the retailer Cabela's and will then sell the card portfolio to Capital One.

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Synovus to buy Cabela’s deposits; Quarles eyed as Fed vice chair

04/18/17

Bank earns $75 million for saving Bass Pro Shops's acquisition of rival outdoor retailer; Trump to name Randal Quarles as Fed's vice chairman for bank supervision.

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First Community to buy Cornerstone in South Carolina

04/12/17

The deal, which is expected to close in the fourth quarter, values Cornerstone at $25.8 million.

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Washington Federal to buy Anchor Bancorp for $64 million

04/12/17

Anchor's sale agreement comes less than a year after it put a representative of the activist investor Stilwell Group on its board.

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