M&A

First Midwest increases scale around Chicago with latest deal

12/07/18

The company has agreed to by $145 million for Bridgeview Bancorp.

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Merchants in Indiana to buy warehouse lender

12/06/18

Merchants has agreed to buy NattyMac, a company it has been in business with since 2014.

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Cambridge snags first N.H. branches with Optima acquisition

12/06/18

The Massachusetts bank has offered wealth management services in the state for several years.

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Wells fires district managers; Canadian banks back away from U.S. buys

12/06/18

This may be “the first wave” of managers being held accountable for the phony accounts scandal; high prices discouraging cross-border acquisitions.

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Capital One under no pressure to buy Walmart loans, CEO says

12/05/18

Amid negotiations with Synchrony Financial over the potential purchase of a $10 billion portfolio, Capital One's Richard Fairbank indicated Wednesday that he is willing to walk away.

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CUNA Mutual buys fintech startup Mirador

12/05/18

Mirador's digital-lending platform lets banks and credit unions make decisions on loans within 24 hours.

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Regions not interested in bank acquisitions, CEO says

12/05/18

Speaking at an investor conference Wednesday, John Turner said that sellers’ asking prices are too high and that Regions would prefer to buy a nonbank that could help boost fee income.

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Recession worries? Trade war? Forget about 'em, bank CEOs say

12/04/18

Big-bank execs downplayed gloomy economic forecasts and said a commercial lending rally, niche M&A and smart tech spending will drive growth in 2019.

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CommonBond braces for shift to Gen Z in buying student-coaching fintech

12/04/18

The online lender has acquired NextGenVest, which uses AI and text messaging to advise high school and college students about getting loans. CommonBond’s goal is to better understand the distinctly different demographic group rising behind millennials.

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Latest M&A deal for digital banking firm Q2

12/03/18

The company, which helps banks develop high-tech products and services, has agreed to buy Gro Solutions after recently completing its deal for Cloud Lending.

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