M&A

Triumph in Texas discloses issue with recent asset purchase

08/10/20

The company said it has concerns about a large amount of accounts receivable it bought in July.

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Customers Bancorp, BankMobile to chart new paths as separate companies

08/06/20

Spinning off its digital bank will allow Pennsylvania-based Customers to beef up its commercial lending and buy other banks. BankMobile, meanwhile, plans to pursue more white-label relationships and perhaps explore its own acquisitions.

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Customers Bancorp in Pennsylvania divesting BankMobile

08/06/20

The digital bank would merge with Megalith Financial to create a new publicly traded company that would offer licensed products and services.

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Holly Springs Bancshares in Mississippi to buy neighboring bank

08/05/20

The company will pay an undisclosed amount of cash for Marshall Financial, the parent of Citizens Bank.

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Maryland bank's name change reflects M&A aspirations

08/05/20

Delmar Bancorp will lose its regionally associated brand when it becomes Partners Bank.

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Flushing, Empire affirm commitment to delayed merger

08/03/20

The New York companies plan to move ahead with their proposed deal despite challenges created by the coronavirus pandemic.

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Merger scuttled, Texas bank charts new course

07/30/20

Now that its deal with Texas Capital has been called off, Independent Bank in McKinney plans to scale back or exit some commercial lines and will seek to duplicate its retail banking successes in Colorado.

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Why OnDeck is being sold on the cheap

07/29/20

The pioneering online lender had long struggled to live up to the hype that drove its early growth, even before the pandemic pushed it to the brink.

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CapStar agrees to end long-running litigation against investor

07/24/20

The Nashville bank had sued Gaylon Lawrence in 2017 over allegations that he was pursuing an illegal takeover, but the two sides announced terms of a settlement.

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Banks sharpen focus on cost-cutting as revenue outlook dims

07/24/20

With the coronavirus pandemic intensifying and hopes for a quick economic recovery fading, banks large and small are reducing headcounts, shuttering branches, shedding office space and generally trying to trim expenses wherever they can.

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