Tag archive for ‘Banking acquisition news’
By businessnewstoday On Thursday, July 2nd, 2020

Bridge Bancorp, Dime Community Bancshares announce $489m merger deal

(adsbygoogle = window.adsbygoogle || []).push({}); Bridge Bancorp, Dime Community merger : Bridge Bancorp has signed an all-stock merger deal worth about $489 million with rival New York State bank More...

By Soujanya Ravi On Wednesday, June 3rd, 2020

Oppenheimer to acquire California-based investment bank Brandis Tallman

Oppenheimer & Co. has reached an agreement to acquire San Francisco-based investment bank Brandis Tallman for an undisclosed price in a move to fast track growth of its public finance investment banking business. Brandis More...

By businessnewstoday On Wednesday, May 27th, 2020

COVID-19 forces Texas Capital, Independent Bank to call off $5.5bn merger

The prevailing coronavirus pandemic has forced US bank holding companies Texas Capital Bancshares and Independent Bank Group to terminate their previously announced all-stock merger of equals worth $5.5 billion. Both More...

By businessnewstoday On Tuesday, April 28th, 2020

HSA Bank to acquire State Farm Bank’s health saving accounts

HSA Bank, a division of Webster Bank and Webster Financial, the holding company for Webster, has agreed to acquire the existing health savings accounts (HSAs) of State Farm Bank, a subsidiary of State Farm Mutual More...

By businessnewstoday On Sunday, April 26th, 2020

MVB Bank wraps up sale of four banking centers in Eastern Panhandle of West Virginia

MVB Financial said that its fully-owned subsidiary MVB Bank has wrapped up the sale of its four banking centers located in the Eastern Panhandle of West Virginia to Summit Community Bank, a subsidiary of Summit More...

By businessnewstoday On Saturday, April 18th, 2020

Citizens Financial Services acquires MidCoast Community Bancorp to expand into Delaware

Citizens Financial Services, the holding company for First Citizens Community Bank (FCCB), has wrapped up its previously announced acquisition of MidCoast Community Bancorp, the parent company for MidCoast Community More...

By businessnewstoday On Saturday, April 11th, 2020

US banks merger : Heartland BancCorp acquires Victory Bancorp for $41m

Heartland BancCorp acquisition of Victory Bancorp : Heartland BancCorp has completed its $41.1 million acquisition of Kentucky-based bank holding company Victory Bancorp, a deal that was signed in December 2019. While More...

By businessnewstoday On Sunday, April 5th, 2020

Investors Bancorp acquires New York-based Gold Coast Bancorp for $63.6m

Investors Bancorp, the parent company of Investors Bank, has wrapped up its previously announced stock cum cash acquisition worth $63.6 million of New York-based Gold Coast Bancorp, the parent company of Gold Coast More...

By businessnewstoday On Sunday, March 15th, 2020

Provident Financial Services, SB One Bancorp sign $209m merger deal

Provident Financial Services, the parent company of Provident Bank, has signed an all-stock deal worth around $208.9 million with SB One Bancorp, the parent company of SB One Bank. The combined banking organization More...

By businessnewstoday On Saturday, March 14th, 2020

Banco Santander acquires 50.1% stake in Spanish fintech company Mercury TFS

Banco Santander has expanded its global trade platform for companies by acquiring a 50.1% stake in Spanish fintech company Mercury Trade Finance Solutions (Mercury TFS) for €30 million. Mercury TFS is a trade More...