M&A

3 reasons why Ocwen Financial is buying PHH Mortgage

02/27/18

From accelerating its subservicing transformation to overcoming regulatory obstacles, here's a look at three reasons behind Ocwen Financial Corp.'s $360 million acquisition of PHH Corp.

[more]

Tiny Kansas bank bets big on fintech

02/27/18

While the $632 million-asset nbkc bank was the smallest known participant in the recent round of funding for Greenlight, the investment wasn't its first foray into fintech.

[more]

CVB adding scale in Southern California with deal for Pasadena bank

02/27/18

The company will also surpass $10 billion in assets when it buys Community Bank.

[more]

New Hampshire mutuals pooling resources, addressing CEO succession

02/26/18

Savings Bank of Walpole and New Hampshire Mutual Bancorp believe merging help them preserve a banking model that has faced pressure in recent years. The CEO at Savings Bank will also replace New Hampshire Mutual's retiring leader.

[more]

HomeStreet investor pressing to separate chairman and CEO roles

02/26/18

Blue Lion Capital, which is upset with the Seattle company's growth strategy, also wants to replace two of the company's directors.

[more]

Hancock in Miss. to sell its consumer finance business

02/22/18

Harrison Finance has 35 offices, nearly 140 employees and about $95 million of outstanding loans.

[more]

Is there suddenly room for a new bank in N.C.?

02/22/18

Organizers aiming to open a de novo just outside Charlotte say there's a need for a new community bank after several years of consolidation in the market.

[more]

PrivateBank deal helps CIBC avoid being 'too Canadian'

02/22/18

Canadian Imperial Bank of Commerce’s push to be less domestically focused is showing signs of success, thanks to its June takeover of Chicago-based PrivateBank.

[more]

Green Dot enjoys revenue rebound as card use soars

02/21/18

The prepaid card issuer has bounced back from the hit it took after discontinuing a product that proved to be popular with fraudsters.

[more]

After hurricane, an M&A flurry in Houston

02/21/18

Bank consolidation in the city has picked up in recent months despite erratic oil prices and flooding tied to Hurricane Harvey.

[more]