M&A

JPMorgan to sell stake in Saudi Arabia bank for $203M

06/25/18

JPMorgan Chase plans to sell its stake in Saudi Investment Bank back to the Riyadh-based lender at a 24% discount as it exits noncore holdings globally.

[more]

New CEO to lead Northwest beyond $10B mark

06/22/18

William Wagner, chairman and CEO of Northwest Bancshares, will retire as the company prepares to cross $10 billion of assets.

[more]

How Fifth Third charmed its way into the biggest bank deal in years

06/22/18

Holding multiple face-to-face meetings with executives from MB Financial helped Fifth Third land the Chicago company for a lower price than another suitor offered.

[more]

New CEO named at Pennsylvania bank

06/21/18

CB Financial Services said its current CEO, Barron McCune Jr., was retiring and would be replaced by its president.

[more]

Citizens Community buying deposit-rich bank in Wisconsin

06/21/18

The company agreed to aquire United Bancorp. for $51 million.

[more]

Old National making big leap in Minneapolis with KleinBank purchase

06/21/18

Old National will have the fifth-biggest deposit market share in the city when it completes the $434 million acquisition.

[more]

PayPal's expansion plans; Deutsche pays for FX issues

06/21/18

The payments company said it plans to spend $1 billion to $3 billion a year on acquisitions; NYS fines bank $205 million.

[more]

Bank IPO market stays hot with two more filings

06/20/18

First Western in Colorado and Coastal Financial in Washington are the latest banks to disclose plans to go public.

[more]

SB One in N.J. expands in its home state with Enterprise deal

06/20/18

The company will pay $48 million for four branches and $230 million in loans.

[more]

New FDIC chair will listen to bankers; PayPal buys payouts firm

06/20/18

Jelena McWilliams said the agency will ask banks what's working and what's not; the acquisition of Hyperwallet Systems lets PayPal offer more services.

[more]