People's United lines up first bank deal since SIFI threshold was raised
The Connecticut company will have nearly $48 billion in assets after it buys First Connecticut Bancorp. ... Read full article
The Connecticut company will have nearly $48 billion in assets after it buys First Connecticut Bancorp. ... Read full article
Cost-cutting will be important, but for its acquisition of CoBiz to be a winner, BOK Financial will have to prove it can boost fee income as it has with smaller acquisitions. ... Read full article
Three years ago the core provider Finastra sought the help of Malauzai to meet customers' cutting-edge technology demands. This week, it bought the software maker. ... Read full article
The deal for the Denver commercial lender joins a growing list of large acquisitions being announced in competitive urban markets. ... Read full article
Blue Lion Capital, which has been a vocal critic of the Seattle company's strategy, also wants management to consider selling its MSR portfolio. ... Read full article
Cadence first discussed a deal with the Atlanta target four years ago. But negotiations picked up steam once it was clear State Bank had other suitors. ... Read full article
The Canadian company's ambitions include opening a commercial banking office in Dallas and beefing up lending to the technology, construction engineering and the health care sectors. ... Read full article
The acquisition will help Carolina Trust expand its operations around Charlotte. ... Read full article
The Indiana bank would add nearly $100 million in deposits with its purchase of FM Bancorp. ... Read full article
Charter One wanted to sell itself quickly because it feared valuations had peaked, and CenterState was able to beat other potential suitors to the punch. ... Read full article
The company, which has completed eight acquisitions since 2015, agreed to buy City Bank and Trust in Oklahoma. ... Read full article
Park Financial has agreed to buy shares from one of the founders of Mesaba Bancshares. ... Read full article
The company will gain 10 branches and $145 million in loans after it buys Gideon Bancshares. ... Read full article
Nearly a third of the company's revenue will come from noninterest income after it buys SCB, which owns a large insurance and farmland management business. ... Read full article
Donegal Group and Donegal Mutual Insurance are selling the holding company for Union Community Bank in Lancaster County. ... Read full article
Seacoast's deposits in the central Florida city will increase by 49% after it completes the $133 million acquisition. ... Read full article
The company will pay $114 million to gain 10 branches and $482 million in assets. ... Read full article
While CEO Joseph Ficalora believes acquiring other banks would solve his company's funding issues, outsiders say its culture needs to change. ... Read full article
The Dallas auto lender might lose as much as one-third of its business if it severs ties with the automaker, raising fresh questions about whether its parent company will buy out shareholders and take full ownership. ... Read full article
The OCC finds that Wells Fargo was not alone in its sales abuse practices (though it's not naming names); Fifth Third's Tim Spence is our Digital Banker of the Year; the CFPB acting director wipes out the agency's Consumer Advisory Board; ... Read full article