M&A

Acquisitive NBT Bank buys another retirement services firm

04/06/18

The deal for Retirement Plan Services, which provides recordkeeping for employers nationally, is NBT's fourth acquisition of a retirement services firm since 2015.

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Regions to sell insurance business to BB&T

04/06/18

BB&T is the nation's fifth-largest insurance broker. The deal, expected to close in the third quarter, would further expand its reach in the Southeast and Texas.

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Embattled N.C. bank steels itself for proxy fight

04/05/18

KS Bancorp, which is trying to avoid a hostile takeover, may be facing a skirmish with an activist investor over one of its board seat.

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BofI Holding buys bankruptcy trustee services business

04/05/18

The San Diego company said the deal will bring in low-cost deposits and create a new source of fee income.

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Mulvaney responds to Warren; Deutsche’s investment

04/05/18

CFPB acting director uses the senator’s own words against her; Wall Street veteran’s addition shows the German bank is committed to U.S. investment banking.

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If at first your succession plan doesn't succeed ...

04/03/18

United Community in Georgia tried hiring Lynn Harton in 2006, but he took another job. They kept in touch, and he's now poised to become the company's CEO.

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Marlin Business Services inks $300M deal with asset manager

04/03/18

Marlin will originate and sell equipment loans and leases to Varadero Capital in a move that will provide the lender with a new source of funding.

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N.D. bank buys electronic payments processor InterceptEFT

04/03/18

First International Bank plans to rename the company Kotapay, while expanding services that include handling direct deposit and credit card processing for financial firms.

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United Community's longtime CEO to retire

04/02/18

Jimmy Tallent, who will become the Georgia company's executive chairman, will be succeeded by Lynn Harton

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Washington Federal, Anchor extend merger deadline

04/02/18

Washington Federal, which is working through Bank Secrecy Act issues, also allowed Anchor to consider offers from other potential buyers.

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