Capital One to buy tech-focused investment bank
Capital One agreed to buy KippsDeSanto, a Northern Virginia company that specializes in advice to the defense and government contracting sectors. ... Read full article
Capital One agreed to buy KippsDeSanto, a Northern Virginia company that specializes in advice to the defense and government contracting sectors. ... Read full article
Deutsche Bank overhaul plan will put taxpayers and the financial system at risk; the San Antonio company names three women to key technology positions; issuers like Chase and Citi need to think beyond traditional card options; and more from this ... Read full article
United, which helps retirement-age savers find the best ways to manage their wealth, is Capital One's answer to a flurry of similar deals made by rivals. ... Read full article
The company will pay $113 million for a commercial lender based in its backyard. ... Read full article
Christopher Maher is kicking the tires on an "acquisition of size" that would propel the New Jersey bank across the $10 billion-asset mark. ... Read full article
People’s United offered 30% more in the summer of 2018 for United Financial than it agreed to pay in a deal announced last month. What followed the initial talks is a textbook lesson in the impact of indecision and the unexpected in bank M&A. ... Read full article
Indiana Members Credit Union will pay cash for Commerce Bank. ... Read full article
The Iowa company will pay QCR Holdings about $59 million for Rockland Bank and Trust. ... Read full article
Acquiring the Nebraska bank would give CIT Group access to billions of low-cost deposits to fuel a go-it-alone growth plan. CEO Ellen Alemany says it could also make her company "more valuable" to potential buyers if it ever wants to sell. ... Read full article
Bank shares are down more than 9% this month; the Fed has never imposed the countercyclical capital buffer before. ... Read full article
CIT will gain nearly $7 billion in low-cost deposits, mostly tied to homeowners associations, as part of the acquisition. ... Read full article
The Michigan company will pay $68 million to expand in a high-priority market. ... Read full article
The companies said the merger will provide scale and help them update technology more efficiently. ... Read full article
Margin expansion may grind to a halt if the Fed holds rates steady or cuts them further. The problem is regionals tend to lack the side businesses that the big banks possess to offset lending slumps. ... Read full article
The New Jersey company was reportedly shopping itself around last fall. Fresh off an agreement to buy Gold Coast Bancorp in New York, CEO Kevin Cummings says he is ready to explore other acquisitions. ... Read full article
The bank will buy First State Bank of Mobeetie. ... Read full article
The company will pay $13 million for the parent of Western Bank of Wolf Point. ... Read full article
Ancora Advisors also suggested that the company get rid of its current management team. ... Read full article
The New Jersey company will pay $284 million for Two River Bancorp and Country Bank Holding. ... Read full article
Palmer Proctor, who took over at Ameris after it bought Fidelity Southern, where he was also CEO, says more deals would be a "distraction." ... Read full article