News Topic: M&A

Since John Turner took over as CEO in July, Regions has announced several executive appointments, including promoting Kate Danella to oversee strategic planning. ... Read full article

The companies had been unable to secure regulatory approval for the deal, which was announced a year ago. ... Read full article

Keith Mestrich, who runs the union-founded bank, plans to use a more liquid stock to pursue acquisitions in cities such as Boston, Seattle and Los Angeles. ... Read full article

BayCom in Walnut Creek, Calif., would have a bigger presence in the Albuquerque area after buying Bethlehem Financial. ... Read full article

Guaranty Bancorp could have had a different owner if not for a suitor’s ill-timed stock hiccup that gave a rival the upper hand. ... Read full article

Private equity firms are making loans to midsize businesses and online banks are winning deposits by paying 2% interest; Goldman hires a veteran M&A banker. ... Read full article

The Trump administration's stance on immigration is causing headaches for some banks, how a tiny black-owned bank is turning to fintech to turn itself around; why banks are rejecting Facebook's offer to share data and more from this week's ... Read full article

Merger announcements typically follow a tried-and-true formula of cutting costs to boost profit. WSFS, however, plans to reinvest $32 million in new tech initiatives after buying Beneficial. ... Read full article

Hutchinson, Shockey, Erley & Co. in Chicago focuses exclusively on municipal securities. ... Read full article

Customers Bancorp said Flagship Community Bank has temporarily withdrawn its application with the FDIC to acquire the digital bank. ... Read full article

Huntington Bancshares Inc. will acquire the Chicago-based municipal shop Hutchinson, Shockey, Erley & Co. as both look to broaden their public finance reach. ... Read full article

While Workers United will no longer own more than half of Amalgamated's stock, it will remain the bank's biggest investor. ... Read full article

Gateway Mortgage's owners plan to merge the mortgage lender into Farmers Exchange Bank. ... Read full article

While most acquirers are content to let cost savings trickle down to the bottom line, WSFS will use the purchase of Beneficial to reinvent itself. ... Read full article

The Delaware plans to reinvest savings from the $1.5 billion acquisition to upgrade technology and delivery channels. ... Read full article

The skeptics keep waiting for investment in financial startups to dry up, but it doubled in the first half of 2018. KPMG's Safwan Zaheer explains why. ... Read full article

N.B.C. Bancshares' deal for Bank of Cushing will give it two branches an hour outside of Tulsa. ... Read full article

The family that owns KleinBank negotiated for employee incentives for nonrelatives and retention awards as part of the Minnesota bank's proposed sale to Old National. ... Read full article