M&A

BankUnited to sell portfolio of covered loans to the FDIC

11/05/18

The $263 million portfolio has been covered by a loss-share agreement since an investor group bought the failed BankUnited in 2009.

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Enterprise entering New Mexico with Trinity Capital purchase

11/02/18

The Missouri company will pay $213 million for the largest bank in Los Alamos, N.M.

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Comerica to rebrand branches it acquired seven years ago

11/01/18

The Dallas bank inherited the five Bank of the Hills branches when it acquired Sterling Bancshares in 2011.

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Live Oak in N.C. to sell niche funeral business

11/01/18

Argent Financial Group will buy Live Oak's pre-need funeral trust business in a deal set to close later this year.

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Meta Financial taps insider as next CEO

11/01/18

Brad Hanson has been with the South Dakota company since founding its payment services division in 2004.

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Peoples in Ohio to enter Ky. with First Prestonsburg acquisition

10/30/18

The $45 million purchase will provide Peoples with eight branches and $244 million in deposits.

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Why IBM's purchase of Red Hat matters to banks

10/29/18

The merger could help make open source and cloud computing more commonplace at banks. But it may have an unintended consequence as well.

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An $80 million bank M&A deal in New Jersey

10/29/18

OceanFirst Financial's acquisition of Capital Bank of New Jersey would strengthen its presence in the southern part of the state and Philadelphia.

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An Iowa bank’s mandate for selling itself: Simplify

10/26/18

ATBancorp had an unusual footprint that included a small bank and a number of fee-based businesses. But it had to slim down before it could find a buyer.

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Puerto Rico's biggest bank finds ways to grow as island population shrinks

10/24/18

Popular's 16% gain in deposits and a recent acquisition bode well for its future even though there has been a major net loss of residents since Hurricane Maria.

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