M&A

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.

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Green Dot posts 4Q loss, promises better results this year

02/22/17

The prepaid card issuer has been striving to overcome the setback it suffered from the discontinuation of a popular product in 2015.

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First Eldorado to buy eight Illinois branches from MidCountry Bank

02/22/17

The move will more than double the size of Eldorado's branch network, while allowing MidCountry to exit the market.

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Remembering Melanie Dressel, mentor to a generation of bankers

02/21/17

Columbia Banking's CEO, who died unexpectedly on Sunday, was a thoughtful and tenacious leader who leaves a legacy of turning a small Washington bank into a regional power in the Pacific Northwest.

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M&A-driven stock rallies don’t make your bank a winner

02/21/17

How to keep score in the industry and identify the truly victorious banks has never been tougher.

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West Town to buy Sound Banking in North Carolina

02/17/17

West Town will pay $24.6 million in cash and stock for Sound Banking. The deal will close later this year.

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First Merchants to buy Independent Alliance in Indiana for $251M

02/17/17

The deal comes months after First Merchants bought a minority stake in Independent Alliance.

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Wintrust to buy assets, liabilities of Montana mortgage company

02/16/17

The deal with American Homestead Mortgage will allow Wintrust Mortgage to move into northern Montana.

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Biggest investor in Fla.’s Seacoast plans to slash stake

02/15/17

CapGen, once a vocal critic of management, will cut its holdings to as little as 3% of shares outstanding.

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Bank stocks hit milestones; SoftBank to buy Fortress Investment

02/15/17

Stocks of big banks have now largely recovered from their financial crisis lows; the big Japanese tech and telecom company plans to buy the $70 billion asset manager.

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