California business banking to benefit from Banc of California, PacWest Bancorp merger

Pallavi Madhiraju- July 26, 2023 0

Banc of California, Inc. and PacWest Bancorp have entered into a definitive agreement to merge in an all-stock deal. Both boards unanimously approved the agreement, ... Read More

Oconee Federal Financial set to merge with Mutual Savings Bank in asset boost deal

Pallavi Madhiraju- July 20, 2023 0

Oconee Federal Financial Corp., the holding company for Oconee Federal Savings and Loan Association, and its subsidiary Oconee Federal, MHC, have announced an agreement to ... Read More

Republic Bancorp closes $51m acquisition of CBank and Commercial Industrial Finance

Pallavi Madhiraju- July 5, 2023 0

Republic Bancorp, the parent company of Republic Bank & Trust Company, has wrapped up the previously announced $51 million acquisition of CBank and its fully-owned ... Read More

United Community Banks completes acquisition of First Miami Bancorp

Pallavi Madhiraju- July 3, 2023 0

United Community Banks, Inc. (NASDAQ: UCBI), based in Blairsville, Georgia, has finalized its $115.9 million acquisition of the bank holding company, First Miami Bancorp, creating ... Read More

SVB Financial Group to sell SVB Securities to management-led group

Pallavi Madhiraju- June 18, 2023 0

SVB Financial Group is set to sell its investment banking business, SVB Securities, to a management team led by CEO and founder Jeff Leerink, and ... Read More

Mizuho Financial to acquire US-based M&A advisory firm Greenhill for $550m

Pallavi Madhiraju- May 24, 2023 0

Mizuho Financial Group (MHFG), one of the largest financial institutions in Japan, has reached an agreement to acquire Greenhill, an investment banking and merger and ... Read More

First Commonwealth Federal, Bellco Federal Credit Union to merge

Pallavi Madhiraju- May 16, 2023 0

Pennsylvania-based credit unions First Commonwealth Federal Credit Union (FCFCU) and Bellco Federal Credit Union have announced their intention to merge. The financial terms of the ... Read More

TD Bank Group scraps $13.4bn acquisition of First Horizon Corporation

Pallavi Madhiraju- May 4, 2023 0

TD Bank Group and US-based First Horizon Corporation have mutually agreed to scrap their previously announced $13.4 billion deal under which the Canadian banking group ... Read More

Arizona’s Bancorp 34 and CBOA Financial to merge in $28m all-stock deal

Pallavi Madhiraju- April 29, 2023 0

Bancorp 34 (BCTF), the holding company of Bank 34, and CBOA Financial, the holding company of Commerce Bank of Arizona, have signed a $28 million ... Read More

US bank holding firms Columbia Banking System, Umpqua complete merger deal

Pallavi Madhiraju- March 1, 2023 0

Columbia Banking System, the parent company of Columbia Bank, and Umpqua Holdings Corporation, the holding company for Umpqua Bank, have closed their previously announced merger. ... Read More