M&A

Meridian Bank in Pa. to buy wealth management firm

03/02/17

The bank will have $700 million in assets under management after it buys HJ Wealth Management in Pennsylvania.

[more]

Will C&I clients make South Florida worth the risk for Iberia?

03/01/17

Iberiabank is making the biggest deal in its history in Miami, an area known for boom-bust cycles and a condo market that stung banks during the crisis.

[more]

Iberiabank to buy Sabadell United in Miami

02/28/17

The $1 billion deal, the second-largest bank acquisition announced this year, will expand Iberiabank's operations in South Florida.

[more]

Rivals could capitalize on woes at two California banks

02/28/17

Customers and employees of Opus Bank and Banc of California could bolt to several other Southern California banks amid downsizing, scandal and credit quality issues.

[more]

Dimon on M&A: ‘There are still too many banks’

02/28/17

Regulators ought to make it easier for smaller institutions to merge, the CEO of the country's largest said Tuesday.

[more]

OCC downgrades Santander’s CRA rating, cites recent enforcement orders

02/27/17

Though backward-looking, the exam restricts the company from buying banks or opening branches outside the Northeast.

[more]

Fifth Third to buy insurance agency in Cincinnati

02/27/17

Fifth Third, which is currently barred from buying banks, has announced a pair of nonbank deals in recent months.

[more]

Rally in U.S. bank stocks flummoxes Canadian acquirers

02/24/17

CIBC’s CEO vows to stay “disciplined” in his bid to buy PrivateBancorp, even as some of the Chicago bank’s investors say the deal is insufficient. The head of RBC, meanwhile, said it will pursue organic growth instead of acquisitions, at least for a while.

[more]

Bank M&A: Strike while it is hot?

02/24/17

Some advisers are urging acquirers to strike while they have strong currencies, while others are warning about the risk of overpaying. Sellers, meanwhile, must be wary of a correction after months of surging prices.

[more]

RBC's U.S. expansion paying dividends

02/24/17

Canada's largest lender reported double-digit profit growth in its latest quarter in part because of CEO David McKay's focus on expanding in private wealth and commercial banking in the U.S.

[more]