News Topic: M&A

First Horizon and Pacific Premier are warning in regulatory filings that the pandemic could complicate deals that have not been completed. ... Read full article

Coronavirus concerns, along with the Fed's emergency rate cut and an erratic stock market, have forced most bankers to take pause and reassess potential deals. ... Read full article

The company will enter an affluent New Jersey county and a key New York market with the $209 million deal. ... Read full article

The North Carolina company will hold onto the loans following the Fed's decision to slash interest rates. ... Read full article

The Georgia company will expand into central and southern Florida by buying the parent of Seaside National Bank & Trust. ... Read full article

First American Bank agreed to cover costs incurred by the Iowa Division in Banking, while the regulator made it clear that the accord would not set a precedent for future credit union-bank deals. ... Read full article

State Farm struggled to make its bet on banking pay off and decided like other insurers to exit the business. U.S. Bancorp swooped in to add deposits and credit card accounts at little cost or risk. ... Read full article

The company will pay $25 million in cash for Carroll Bancorp in a deal between Baltimore-area banks. ... Read full article

One year after he led the sale of MB Financial to Fifth Third, Mitch Feiger will hand off his duties to his longtime lieutenant, Mark Hoppe, and join Fifth Third's board. ... Read full article

As part of a review, the agency said it had identified requirements dealing with operating subsidiaries, non-controlling investments by banks and other corporate activities that were no longer necessary. ... Read full article

The state's Division of Banking, led by a former bank CEO and trade group chief, blocked GreenState CU's move to buy seven branches from First American Bank. This is the second time this year regulators have halted a credit union-bank deal. ... Read full article

Compliance, risk management and staffing will likely come under added scrutiny as regulators lay out a framework for future fintech-bank mergers. ... Read full article

Richard Herrington's buyout pitch to smaller banks is to offer them a way to survive and keep their local brands. ... Read full article

MVB in West Virginia will gain a 47% stake in the partnership in exchange for contributing its mortgage unit's assets to the new company. ... Read full article

The company agreed to buy Advantage Community Bancshares weeks after announcing a deal for Commerce Financial. ... Read full article

The Supreme Court will hear arguments on the agency’s structure; the company, desperate after losing Costco’s business, allegedly pressured and misled applicants. ... Read full article

The Minnesota bank is locked a bitter legal battle to preserve its independence. Its foe? The charitable organization set up by its founder. ... Read full article

E-Trade could add about 30 basis points to a key capital ratio once the deal closes, Jonathan Pruzan says. ... Read full article