News Topic: M&A

The Dallas regional assured analysts that it has ample sources of liquidity to fund its expected loan growth. ... Read full article

Allison Dukes says she will not be joining the combined company because she wants to remain in Atlanta, where she is involved with a number of civic and philanthropic organizations. The merged company will be headquartered in Charlotte, N.C. ... Read full article

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The New Jersey company agreed to buy BoeFly, which connects franchisors, small businesses, lenders and loan brokers. ... Read full article

The company could use its share of proceeds from the IPO to repay debt and pursue bank acquisitions. ... Read full article

Asked during Friday's earnings call if he'd be interested in running the embattled bank, William Demchak said he will end his career at PNC. He also ruled out M&A. ... Read full article

Lenders in South Florida are making tech upgrades and building scale to contend with bigger banks squeezing the market. ... Read full article

Bank's profits grow 5% on earnings growth; Citi's number 2 exec retirement shows the difficulty retaining a host of top executives. ... Read full article

The central bank has failed to appropriately scrutinize deals in recent years, potentially putting the financial system at risk. ... Read full article

Gateway Mortgage Group’s dream of being a national, diversified financial services player will hinge on its effort to turn a community bank into an online-only platform. ... Read full article

The business, which has $827 billion in assets under administration, includes operations in the U.S., the Philippines and India, according to the buyer, Principal Financial Group. ... Read full article

The companies had planned to make Chemical CEO David Provost the new leader before October's market gyrations led them to break off talks. When they revisited the deal, several things changed — including Provost's role. ... Read full article

The moves are part of an ongoing effort by the Seattle bank to largely exit mortgage lending. ... Read full article

The two banks will each give $15 million to the Foundation for the Carolinas, which supports affordable housing development in Mecklenburg County. ... Read full article

The bank is pledging to lend another $2 billion in a market where it has invested $3.6 billion in various community development initiatives since 2016. Most of the new funds will be used to make loans to small businesses that operate in low- and ... Read full article

The North Carolina company was hit with a tax penalty tied to its purchase of Chattahoochee Bank of Georgia. ... Read full article

Publicly traded banks will have to book expected losses on loans starting next year; the jump in mortgage refinancings could be a mixed bag for banks. ... Read full article

Alliance Bank Central Texas may have found a way around National Credit Union Administration regulations that make it difficult for banks to buy credit unions. ... Read full article