M&A
- Banking
Acquisitive banks sour on dealmaking in 2023
The confluence of spiking interest rates, increased regulatory challenges and slowing economic momentum cast a pall over bank merger-and-acquisition activity…
Read More » - Banking
Houston digital-asset firm buying Chicago bank
LevelField Financial Chairman and CEO Gene Grant says Burling Bank will focus on serving customers interested in digital assets after…
Read More » - Stock Market
Feds move to crack down on ‘excessive’ credit-card late fees
President Joe Biden is spotlighting new moves by the Consumer Financial Protection Bureau to cut excessive credit-card late fees that…
Read More » - Banking
Citizens State Bank in Texas selling branch to credit union
Citizens State Bank in Woodville, Texas, is selling one of its five branches to First Central Credit Union in Waco,…
Read More » - Banking
There’s a surprising risk lurking in the details of bank mergers
Big mergers don’t get approved today without big Community Benefit Agreements. Big as in $100 billion in the recent U.S.…
Read More » - Banking
SouthState’s Corbett forecasts another slow year for bank M&A
SouthState CEO John Corbett is forecasting a slow year for M&A in 2023 as banks grapple with uncertainty surrounding the…
Read More » - Banking
Webster CEO touts recent deal for deposit-gathering platform
Webster Financial CEO John Ciulla said Thursday on a conference call with analysts that the company’s recent acquisition of interLINK,…
Read More » - Banking
U.S. Bancorp sees big opportunity in California after Union Bank deal
Coming off its acquisition of MUFG Union Bank, U.S. Bancorp expects that earnings gains from the deal and the company’s…
Read More » - Banking
Columbia expects loan growth in the low- or mid-single digits this year
Columbia Banking System expects loan growth in the low- or mid-single digits this year, executives said Tuesday. A higher net…
Read More » - Banking
The wild card for bank M&A in 2023
After a sharp decline in bank M&A deals in 2022, this year could prove different, at least for smaller banks.…
Read More »
