M&A

Black Knight seeks AI might with HeavyWater deal

06/04/18

Black Knight has acquired HeavyWater, a developer of artificial intelligence and machine learning technology for the mortgage industry, and plans to incorporate the startup's borrower data verification and other automation capabilities into its existing product suite.

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Business First expanding in northern La. with Richland State deal

06/04/18

The company will gain $305 million in assets after completing the $51 million acquisition.

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A month to remember in bank M&A

06/04/18

Here's a look at eight deals, why they were significant and why many more are expected

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Wells' digital future, Citizens' mortgage play, Amex's data goldmine: Top stories of the week

06/01/18

Talking with Shari Van Cleave, head of Wells Fargo Digital Labs; Citizens Financial makes a big move in mortgages in purchasing Franklin American; a rewards blockchain could give Amex access to a wealth of customer data; and more from this week's most-read stories.

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Reg relief bonus: More money to spend on tech

06/01/18

With a lighter compliance burden, small banks could shift tech spending to customer-facing innovation.

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Why these three de novos went nowhere

06/01/18

A lack of talent, capital and good business planning proved fatal for bank organizers in California and Georgia.

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Santander Consumer in talks to sell its share of partnership with Fiat

06/01/18

The subprime lender could lose a big partner now that Fiat Chrysler has officially announced it will form its own auto finance unit, and the two are negotiating an end to their 6-year-old relationship.

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Orrstown locks down small acquisition in Pennsylvania

06/01/18

The company agreed to pay $32 million for Mercersburg Financial.

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Banks shunning mortgages? Citizens' deal proves otherwise

05/31/18

As other banks de-emphasize mortgage lending, Citizens is spending half a billion dollars to buy a large originator with a big servicing portfolio.

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Fed unveils Volcker 2.0; Santander Consumer may lose a big client

05/31/18

Proposal would simplify the rule prohibiting proprietary trading; Fiat Chrysler, which accounts for about a third of the unit’s business, may go solo.

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