News Topic: M&A

The Massachusetts bank has offered wealth management services in the state for several years. ... Read full article

This may be “the first wave” of managers being held accountable for the phony accounts scandal; high prices discouraging cross-border acquisitions. ... Read full article

Mirador's digital-lending platform lets banks and credit unions make decisions on loans within 24 hours. ... Read full article

Amid negotiations with Synchrony Financial over the potential purchase of a $10 billion portfolio, Capital One's Richard Fairbank indicated Wednesday that he is willing to walk away. ... Read full article

Speaking at an investor conference Wednesday, John Turner said that sellers’ asking prices are too high and that Regions would prefer to buy a nonbank that could help boost fee income. ... Read full article

Big-bank execs downplayed gloomy economic forecasts and said a commercial lending rally, niche M&A and smart tech spending will drive growth in 2019. ... Read full article

The online lender has acquired NextGenVest, which uses AI and text messaging to advise high school and college students about getting loans. CommonBond’s goal is to better understand the distinctly different demographic group rising behind millennials. ... Read full article

The company, which helps banks develop high-tech products and services, has agreed to buy Gro Solutions after recently completing its deal for Cloud Lending. ... Read full article

Its bid for El Dorado Savings wasn’t the highest, but PacWest's image as a skilled dealmaker added value to its offer in the seller’s eyes. ... Read full article

Building alliances with startups is the most affordable route for community banks that want to offer innovative services, but industry officials cautioned that they must be balanced with smart internal investments, too. ... Read full article

Faciam Holdings will pay nearly $68 million for Summit Bancshares. ... Read full article

A meticulous approach to expansion, along with an ability to produce solid results while based in a slow-growth state, explains why Hageboeck is a Best in Banking honoree. ... Read full article

The company will pay $64 million jn cash and stock for First Beeville Financial. ... Read full article

Through timely investments, opportunistic dealmaking and a laser focus on employee engagement, Turner has Wilmington, Del.-based WSFS on the cusp of becoming a regional power. ... Read full article

The Connecticut regional bank will pay $327 million for the parent of Belmont Savings Bank. ... Read full article

Nearly all banks need more fee income, and many have extra cash for investing in growth. Some have started buying up wealth management firms, while others have decided to pare back and specialize. ... Read full article

Evans started off his banking career by offering cold cans of soda to farmers in the field in the hopes of earning their business. Five decades on, he's become a legend in Georgia banking circles for his prowess in building high-performing community ... Read full article

John Corbett has known the leaders of National Commerce since he helped launch CenterState in 1999. It’s a big reason CenterState is breaking from tradition to hire those executives once it buys the Alabama bank. ... Read full article