M&A

First Midwest buys investment adviser in Chicago

03/07/17

Premier Asset Management will add $550 million of assets under management to a platform that First Midwest has historically built with organic growth.

[more]

Sterling Bancorp to buy Astoria Financial in N.Y. for $2.2 billion

03/07/17

The agreement comes three months after Astoria and New York Community Bancorp called off plans to merge.

[more]

PrivateBancorp setting new date for shareholder vote on sale to CIBC

03/06/17

The Chicago company postponed a vote planned late last year after a surge in bank stocks changed the math behind the cash-and-stock transaction.

[more]

Proficio Bank becomes first Utah failure in six years

03/03/17

Cache Valley Bank in Utah agreed to buy Proficio's deposits and most of its assets.

[more]

Banc of California to sell mortgage business to Caliber Home Loans

03/03/17

Caliber will also buy about $36 million of mortgage-servicing rights in a deal that is expected to close at the end of March.

[more]

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]