M&A

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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Barclays fallout; will bitcoin ever catch on?

04/12/17

The financial press looks at possible ramifications from Jes Staley's attempt to unmask a whistleblower at the British bank; why has the digital currency failed to live up to eight years of hype?

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Ex-FirstMerit chief Greig joins board of struggling Calif. bank

04/11/17

Opus Bank has added Paul Greig, who was CEO of FirstMerit until its sale in July, as a director.

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BMO's new CEO says conditions right for U.S. push

04/10/17

Bank of Montreal, Canada's oldest lender, has turned to a former investment banker with an interest in continued U.S. expansion to lead the firm into its third century.

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Big banks poised to scoop up fintech startups, report finds

04/06/17

Big banks may have scoffed when a gaggle of financial technology upstarts promised to reinvent their business. Now they want to buy them.

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PacWest to buy CU Bancorp in Los Angeles for $705 million

04/06/17

The deal, which is expected to close in the fourth quarter, should significantly increase PacWest's operations in southern California.

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Cadence in Texas plans $180 million IPO

04/05/17

The Houston company was formed in 2009 to buy struggling banks in the wake of the financial crisis.

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Franklin Financial pushes back termination deadline for Civic Bank deal

04/04/17

The Tennessee company has been working to resolve a memorandum of understanding tied to its CRE exposure.

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