News Topic: M&A

Certain loan segments are showing signs of deterioration, but consumer lending and digital banking are bright spots. Meanwhile, bankers are eyeing opportunities to improve efficiency, add scale and take advantage of M&A disruption. Here's what to ... Read full article

Unlike other regions of the country, the western U.S. has seen very few large bank mergers in recent years. Here's why Pacific Premier's acquisition of Opus Bank could change that. ... Read full article

The California company will pay $1 billion for Opus, a once highflying bank that struggled with credit issues in recent years. ... Read full article

Despite what one critic says, Alaska USA Federal Credit Union’s acquisition of branches from TCF Financial will help underserved communities in Arizona. ... Read full article

Verdict on OCC’s supervision of Wells Fargo expected in late spring; TD Bank names Matt Boss its new consumer products chief; CenterState and South State plan $3.2B merger with operations stretching from Virginia to Florida; and more from this week’s ... Read full article

National Lloyds, which provides insurance for mobile homes, has a distribution network that operates in 40 states. ... Read full article

Banks would be allowed to own stakes in venture capital funds; the combined BB&T-SunTrust isn’t realizing cost savings as fast as it projected. ... Read full article

Kenneth Lehman, a former banking attorney who acquires large stakes in small banks, will buy BankFlorida, which lost $555,000 through the first nine months of 2019. ... Read full article

The company has revised its near-term forecasts for reducing expenses, citing delayed branch closings and a decision to spend more time testing systems ahead of conversion and integration. ... Read full article

The head of the small-bank trade group called for hearings to discuss tougher limits on credit union acquisitions of banks. ... Read full article

The benefits include improved financial inclusion, the chairman of the NCUA argues. ... Read full article

The promise of post-closing payments encourages top executives to pursue deals that aren’t necessarily in their self-interest, but investors may eventually raise concerns that the packages are expensive and too focused on the short term. ... Read full article

A fifth of U.S. banks may lack the stock multiples it takes to pursue acquisitions, so they're looking for other ways to improve results and deploy capital. ... Read full article

Luis Massiani has been the company's chief financial officer since 2012. ... Read full article

CenterState and South State are the latest regionals to announce a deal driven heavily by the need to compete with larger banks that can afford to spend more on cutting-edge technologies. ... Read full article

The deal will create a bank with $34 billion in assets and operations stretching from Virginia to Florida. ... Read full article

Bankers may not want to hear this, but communities benefit when credit unions buy banks. ... Read full article

The company, which sold the business to a group of former employees, will shut down its operation this quarter. ... Read full article