M&A

HomeStreet in Seattle to face proxy battle from big investor

01/17/18

Blue Lion Capital, which had a recent request for a board seat rejected, plans to nominate multiple people to run for the board at HomeStreet's next annual meeting.

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Assurance of quick close helped Ameris get a skittish seller to say 'yes'

01/17/18

Ameris, which was operating under a regulatory order when it agreed to buy Atlantic Coast, agreed to pay more money if it failed to complete the acquisition by mid-2018.

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BB&T commits $50 million for fintech investment

01/17/18

The move comes at a time when banks are becoming more aggressive in acquiring or investing in financial technology companies.

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Mackinac expands in northern Michigan with First Federal purchase

01/17/18

The company is gaining heft in Michigan's Upper Peninsula with its $34 million purchase of First Federal of Northern Michigan.

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One-time charges overshadow higher 4Q revenue at Pinnacle in Tenn.

01/16/18

The company, which bought BNC Bancorp to enter North Carolina last year, recorded $19.1 million in merger-related expenses and an $8.3 million pretax loss tied to investment securities.

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Mid Penn to expand into southeastern Pa. with latest bank deal

01/16/18

The company agreed to buy First Priority Financial for $82 million in stock.

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TD Bank’s bold bet on AI technology

01/16/18

In a move rare for the industry, the bank bought a team of data scientists to bolster its artificial intelligence efforts in areas including product recommendations and fraud prevention.

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Stilwell Group again seeks board seat at Wayne Savings in Ohio

01/16/18

The activist investor, which has pressured the company in the past to find a buyer, fell short in an attempt last year to gain representation.

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After six years in the regulatory penalty box, Ambank maps out future

01/12/18

The Iowa company was sidelined by a Fed order for 2,155 days. Finally free, Ambank is open to making an acquisition and offering its mortgage origination services to other institutions.

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HomeStreet in Seattle rejects shareholder request for board seat

01/11/18

Blue Lion Capital has complained about the company's reliance on mortgages and bank acquisitions.

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