HSBC to offload French retail banking business to My Money Group

Pallavi Madhiraju- June 19, 2021 0

HSBC Continental Europe (formerly HSBC France) will divest its French retail banking business to Cerberus Capital Management-controlled My Money Group for a nominal price of ... Read More

Liberty Bank and Trust to acquire Tri-State Bank of Memphis for $965m

Pallavi Madhiraju- June 5, 2021 0

Liberty Bank and Trust Company has agreed to acquire Tri-State Bank of Memphis in an all-cash deal worth around $965 million in a move to ... Read More

Dollar Mutual Bancorp completes $156m acquisition of Standard AVB Financial

Pallavi Madhiraju- May 30, 2021 0

Dollar Mutual Bancorp has wrapped up its previously announced $156 million worth acquisition of rival Pennsylvania-based bank holding company Standard AVB Financial Corp. While Dollar ... Read More

Glacier Bancorp to acquire Utah-based Altabancorp for $933m

Pallavi Madhiraju- May 23, 2021 0

Glacier Bancorp, a Montana-based commercial banking company, has agreed to acquire Altabancorp, the holding company for Utah-based community bank Altabank for $933.5 million. Headquartered in ... Read More

PNC Financial gets regulatory nod for $11.6bn acquisition of BBVA USA

Pallavi Madhiraju- May 16, 2021 0

The PNC Financial Services Group has secured key regulatory approvals in the US needed for wrapping up the previously announced $11.6 billion acquisition of BBVA ... Read More

New York Community Bancorp to acquire Flagstar Bancorp for $2.6bn

Pallavi Madhiraju- April 26, 2021 0

New York Community Bancorp (NYCB) has signed an all-stock deal to acquire Michigan-based Flagstar Bancorp (FBC) for about $2.6 billion. Flagstar Bancorp is a $29.4 ... Read More

Independent Bank Corp, Meridian Bancorp to merge in $1.1bn deal

Pallavi Madhiraju- April 25, 2021 0

Independent Bank Corp., the holding company of Rockland Trust Company, and Meridian Bancorp, the parent company of East Boston Savings Bank, have agreed to merge ... Read More

Eastern Bankshares to acquire Century Bancorp in $642m deal

Pallavi Madhiraju- April 8, 2021 0

Eastern Bankshares has agreed to acquire rival Boston-based bank holding company Century Bancorp in an all-cash deal worth $642 million. While Eastern Bankshares is the ... Read More

Santander offers to take full ownership of Santander México in €550m deal

Pallavi Madhiraju- March 28, 2021 0

Banco Santander revealed intentions to make a cash offer of 24 Mexican pesos per share or €550 million to acquire the remaining 8.3% stake in ... Read More

Fidelity D & D Bancorp to acquire Landmark Bancorp for $43m

Pallavi Madhiraju- February 28, 2021 0

Fidelity D & D Bancorp has agreed to acquire rival Pennsylvania-based bank holding company Landmark Bancorp in a cash-cum-stock deal worth $43.4 million. Landmark Bancorp ... Read More