Stifel to bolster wealth management operations with bank purchase
The investment bank agreed to buy Business Bancshares in St. Louis. ... Read full article
The investment bank agreed to buy Business Bancshares in St. Louis. ... Read full article
Mutual of Omaha Bank's purchase of Synergy One Lending will add reverse mortgages to its product line. ... Read full article
The California company ended up selling 1 million more shares than it had originally planned to offer. ... Read full article
Subordinated debt issuance, which took a back seat as bank stocks surged, could regain popularity as growth-minded banks become leery of market volatility. ... Read full article
Financial Institutions agreed to buy HNP Capital, a wealth management firm near Rochester. ... Read full article
The insurance giant said it would need to make a “significant additional investment” to gain scale and be competitive. It has hired an investment banker to help it unload deposits and loans. ... Read full article
The Bridgeport, Conn., company said Friday that CEO Jack Barnes has relinquished the president's title and that Jeff Tengel has moved into the role. ... Read full article
The northern Virginia company will also gain more branches around Washington as part of the $33 million deal. ... Read full article
The acquisition is part of IBM’s recent focus on financial risk management services. ... Read full article
The serial acquirer is buying Delaware Place Bank, which is less than 1% of its size. ... Read full article
It might make sense to scrap a decades-old name, especially for banks with aggressive growth plans. ... Read full article
“Sometimes Washington picks the winners for you,” said Manny Friedman, CEO of the hedge fund EJF Capital. ... Read full article
Anderson Insurance & Investment Agency in Minneapolis also specializes in workers' compensation services. ... Read full article
Domenick & Associates also specializes in serving social service organizations. ... Read full article
The $350 million acquisition is among the biggest bank mergers announced so far this year. ... Read full article
The Boston-area bank will add branches near New Hampshire after buying the cooperative bank. ... Read full article
In stunning all-cash $3B merger, every investment adviser is put on notice that the future is in digital wealth management. ... Read full article
Capitol Federal will enter commercial lending for the first time in its 125-year history after it buys Capital City Bank. ... Read full article
Porter Bancorp in Kentucky spent years tackling credit and capital issues. As Limestone Bank, it will finally get back on offense. ... Read full article
KS Bancorp wants to become a corporation in business-friendly Delaware, which would be more likely to back its defensive-minded share-rights plan. ... Read full article