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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
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
5 Tips for Better Financial Services Partner Marketing in 2020

5 Tips for Better Financial Services Partner Marketing in 2020

Financial brands that leverage affiliate and partner marketing can deliver on a host of different business objectives. Get quick wins and kickstart your 2020 growth with the following tips.
Details Behind Morgan Stanley’s Decision to Acquire E*Trade in $13bn Deal

Details Behind Morgan Stanley’s Decision to Acquire E*Trade in $13bn Deal

Combination will create a $3.1 trillion wealth management business when it completes later this year
Ally Pushes into Credit Card Market with $2.65B CardWorks Deal

Ally Pushes into Credit Card Market with $2.65B CardWorks Deal

Acquisition of top-20 issuer to provide Ally Financial with “instant capability and scale” in the credit card space
Insolvent Nebraska Bank Taken Over After State Intervention

Insolvent Nebraska Bank Taken Over After State Intervention

Ericson State Bank has been taken over by Farmers and Merchants Bank after a regulatory investigation uncovered a series of lending violations
CenterState, South State Agree to $6 Billion Merger

CenterState, South State Agree to $6 Billion Merger

The combined entity will cover Florida, Georgia, Alabama, the Carolinas, and Virginia when it completes in Q3 2020
Nine Reasons Why Wells Fargo Still Faces an Uphill Climb

Nine Reasons Why Wells Fargo Still Faces an Uphill Climb

The bank’s troubles are still closer to the front windshield than the rearview mirror
M&A Activity in Banking and Payments to be ‘Robust’ in 2020: PwC

M&A Activity in Banking and Payments to be ‘Robust’ in 2020: PwC

$37.4 billion worth of M&A deals completed in Q4 brings FY2019 total to $87.2 billion – 1.8 times more than previous year
Franklin Synergy Bank to Merge into FirstBank in $611m Deal

Franklin Synergy Bank to Merge into FirstBank in $611m Deal

Combination is set to create one of Tennessee’s biggest community banks with operations throughout Williamson, Rutherford and Davidson counties
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