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Mergers & Acquisitions

Investors Bank Approved for Gold Coast Takeover

Investors Bank Approved for Gold Coast Takeover

MutualFirst’s merger with Northwest Bank has also taken a step closer with investor approval granted last week
Coronavirus and Financial Institutions Preparedness: What Banks Should Do Now

Coronavirus and Financial Institutions Preparedness: What Banks Should Do Now

Financial institutions should ensure adequate pandemic planning is in place as a supplement to a BCP
Smith, Pinto Step Up to Lead JP Morgan Chase After Dimon’s Surgery

Smith, Pinto Step Up to Lead JP Morgan Chase After Dimon’s Surgery

The two chief operating officers have decades of experience leading the banking giant’s investment and bank operations around the world
Banks Respond to Tennessee Tornadoes with Donations, Relief Efforts

Banks Respond to Tennessee Tornadoes with Donations, Relief Efforts

Tornadoes killed 25 people in Tennessee last week and caused huge amounts of damage, prompting community banks to step in
Bank Investors Bracing for Recession

Bank Investors Bracing for Recession

The nation’s largest banks continue to lead the slide
MVB Bank to Acquire Stake in ICMC to Create Lending Group

MVB Bank to Acquire Stake in ICMC to Create Lending Group

Following a bumper year for mortgage lending in 2019, MVB will buy a stake from the Van Metre Company to create Intercoastal Mortgage
Behind Capital One’s Move to Enhance Online Services

Behind Capital One’s Move to Enhance Online Services

The bank is closing 37 branches and investing in a ‘tailored, personal and accessible’ service for clients
Banks Cut Lending Rates After Fed Action on COVID-19

Banks Cut Lending Rates After Fed Action on COVID-19

US banking groups have reduced their prime and reference lending rates following yesterday’s Federal Reserve rate cut
Bank Stocks Caught in the Crossfire

Bank Stocks Caught in the Crossfire

Stock market dropped an unprecedented amount over the last several business days, bank stocks dropped along with it
2020 M&A Trend Continues as SmartBank Completes Progressive Deal

2020 M&A Trend Continues as SmartBank Completes Progressive Deal

Also, Regions Bank has announced the planned acquisition of equipment finance lender Ascentium Capital
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