M&A

The Bancorp in Del. sells retirement account portfolio

07/10/18

The sale includes 160,000 accounts and more than $400 million in deposits.

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Factoring deal is diversification play for Axiom

07/10/18

The Orlando, Fla., bank has bought Allied Affiliated Funding in Dallas in an effort to branch out beyond traditional commercial and consumer lending.

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Flagstar snags Regions exec to oversee growing branch network

07/10/18

Flagstar Bank, which is in the process of buying more than 50 branches from Wells Fargo, has hired Ryan Goldberg as a director of retail banking.

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Insider promoted as part of succession plan at Washington bank

07/10/18

Jeff Deuel will take over as CEO of Heritage Bank in Olympia, Wash., for Brian Vance, who will remain as the head of the holding company until next year.

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Acquisitions possible for Coastal Financial after IPO

07/10/18

Coastal Financial in Everett, Wash., said that it could be active in M&A with capital from its IPO and that it has already identified several possible targets.

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Citi buys $1.5B L.L.Bean credit card portfolio from Barclays

07/09/18

Citigroup and Mastercard replace Barclays and Visa as the card partners for the Maine apparel retailer.

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Denver bank becomes latest institution to go public

07/09/18

First Western Financial in Denver could use the roughly $31 million it is hoping to raise to pay off debt and redeem preferred shares.

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For this bank buyer, the country's where the action is

07/06/18

While sellers in urban centers are getting a lot of attention from acquirers, Southern Bancorp in Arkansas shows the upside of pursuing smaller deals in underserved rural markets.

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Recapitalized Fla. bank brings in new leadership

07/06/18

Beach Community Bank, which recently added $100 million in capital, hired veteran banker Carl Chaney as its executive chairman.

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JPMorgan denies report it's considering Deutsche Bank stake

07/06/18

JPMorgan Chase denied a report in the German magazine WirtschaftsWoche that it's interested in acquiring a stake in Deutsche Bank, after the lender's share price slumped.

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