M&A

South State agrees to buy national brokerage company

10/15/20

Duncan-Williams, which serves institutional clients, will help South State expand its correspondent lending operations.

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PNC unlikely to buy a digital bank, CEO Demchak says

10/14/20

The Pittsburgh company has reservations about the business model and staying power of online-only banks.

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Community First plans to enter Tennessee with SFB acquisition

10/11/20

The South Carolina company has agreed to buy the parent of Security Federal Bank.

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Maine State, Midcoast FCU plan merger

10/09/20

The deal is expected to close sometime next year but is still subject to regulatory and member approval.

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Morgan Stanley to purchase Eaton Vance for about $7 billion

10/08/20

Morgan Stanley agreed to purchase Eaton Vance for about $7 billion in CEO James Gorman's second major acquisition this year, both of which tilt the investment bank further toward the steadier business of money management.

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Piedmont Bancorp looks to add scale around Atlanta with WestStar purchase

10/05/20

The Georgia company will add nearly $200 million in assets as part of the acquisition.

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Wilmington Trust seeks rich clients through hires, acquisitions

10/05/20

Wilmington Trust, the wealth management arm of M&T Bank, is extending its hiring spree and considering acquisitions of registered investment advisers.

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Virginia banks announce plans to merge

10/01/20

Virginia National and Fauquier Bankshares are planning to create a $1.6 billion-asset company focused on the middle part of the state.

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Small Virginia Beach credit union to merge into Chartway FCU

09/29/20

Members of St. Matthews Federal Credit Union are set to vote on whether to join the $2.3 billion-asset Chartway before the end of the year.

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First Merchants to shuffle management after CEO's retirement

09/29/20

Michael Rechin will step down at the end of this year. The Indiana company tapped CFO Mark Hardwick as its next CEO, while Michael Stewart, its chief banking officer, will become president.

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