News Topic: M&A

The Orlando, Fla., bank has bought Allied Affiliated Funding in Dallas in an effort to branch out beyond traditional commercial and consumer lending. ... Read full article

Jeff Deuel will take over as CEO of Heritage Bank in Olympia, Wash., for Brian Vance, who will remain as the head of the holding company until next year. ... Read full article

Coastal Financial in Everett, Wash., said that it could be active in M&A with capital from its IPO and that it has already identified several possible targets. ... Read full article

Citigroup and Mastercard replace Barclays and Visa as the card partners for the Maine apparel retailer. ... Read full article

First Western Financial in Denver could use the roughly $31 million it is hoping to raise to pay off debt and redeem preferred shares. ... Read full article

While sellers in urban centers are getting a lot of attention from acquirers, Southern Bancorp in Arkansas shows the upside of pursuing smaller deals in underserved rural markets. ... Read full article

Beach Community Bank, which recently added $100 million in capital, hired veteran banker Carl Chaney as its executive chairman. ... Read full article

JPMorgan Chase denied a report in the German magazine WirtschaftsWoche that it's interested in acquiring a stake in Deutsche Bank, after the lender's share price slumped. ... Read full article

There are signs that commercial loan demand finally picked up in the second quarter, but banks still face some obstacles. ... Read full article

The leader of an Ohio mutual is urging his peers to follow the lead of credit unions by forming groups to share technology and collaborate on lending and deposit gathering. ... Read full article

Northwest Bancshares in Pennsylvania, which built a reputation as an active acquirer, is taking a step back under Ronald Seiffert to evaluate ways to grow without M&A. ... Read full article

The deal is designed to improve capital ratios and reduce risk at the Seattle company. ... Read full article

Aquesta Financial Holdings expects to record a post-tax gain of $1.7 million from the sale of its insurance business. ... Read full article

While there are many reasons consolidation has slowed in the Keystone State over recent years, there are factors in play that could lead to a resurgence in activity. ... Read full article

The company continues to be restricted from pursuing acquisitions until the Federal Reserve lifts its enforcement order requiring it to strengthen anti-money-laundering controls. ... Read full article

Union Bankshares in Virginia sold Shore Premier Finance, a business it inherited from a recent acquisition. ... Read full article

Peapack-Gladstone has agreed to buy Lassus Wherley & Associates, which has offices in New Jersey and Florida. ... Read full article

The Cincinnati company sold 5 million shares in the payment processor, as it continues to scale back its ownership stake. ... Read full article