Tag: Acquisitions


2023 Bank M&A Survey Results: Can Buyers and Sellers Come to Terms?

November 14, 2022

Via: Bank Director

Year after year, Bank Director’s annual M&A surveys find a wide disparity between the executives and board members who want to acquire a bank and those willing to sell one. That divide appears to have widened in 2022, with the […]

Capital and Risk, Credit

Motivation for Mergers Will Grow as Interest Rates, Loan Growth Stay Low

August 20, 2021

Via: Bank Director

The pace of announced mergers among rated U.S. banks has accelerated and is likely to gain steam. The limited prospect of material loan growth makes asset growth via mergers and acquisitions increasingly attractive. And as we anticipated, more banks are […]

Activity, Retail Banking

Lloyds to acquire savings firm Embark Group in £390m deal

July 30, 2021

Via: FinTech Futures

Lloyds says Embark will improve its ability to address the mass market and self-directed wealth sector. The bank is also hoping to replatform its pensions and retirement services, and says it wants to create a “market leading” platform for intermediaries. […]


Sticking Points in Recent Community Bank Deals

September 30, 2019

Via: Bank Director

Whether you plan to sell your bank or are in the market to acquire one, there are several sticking points that can delay the transaction. It can be helpful for both potential buyers and sellers to think about how such […]

Capital and Risk, Credit

Credit Due Diligence Is Even More Important Now

April 17, 2019

Via: Bank Director

With loan quality generally viewed as benign while M&A activity continues into 2019, is any emphasis on credit due diligence now misplaced? The answer is no. With efficiency driving consolidation, bank boards and management should not be tempted to take […]

Capital and Risk, Credit

What’s The Same – And What’s Not – In Assessing Credit Quality

July 30, 2018

Via: Bank Director

Since the 1970s, there has been an inevitable march toward a macro, quantitative assessment of credit quality. Technology and big data ensured its emergence to complement the more traditional, transactional counterpart of credit risk management. Since the adoption of the […]

Capital and Risk, Operational

Acquire or Be Acquired Perspectives: One True Thing About Banking and Finance

April 20, 2018

Via: Bank Director

If you have seen as many cycles in the bank industry as Eugene Ludwig, founder and CEO of Promontory Financial Group and a former comptroller of the currency, you know the time to be most vigilant is not when things […]

Activity, Corporate Banking

Fortress Investment Group Acquired by SoftBank Group

December 28, 2017

Via: ABF Journal

SoftBank Group completed its acquisition of Fortress Investment Group for $3.3 billion in cash. Following the close, SBG and its wholly-owned subsidiaries own all outstanding Fortress shares. As a result of the acquisition, each outstanding Fortress class A share was […]

Activity, Corporate Banking

PacWest Bancorp Completes Merger With CU Bancorp

October 23, 2017

Via: ABF Journal

PacWest Bancorp completed its merger with CU Bancorp. California United Bank, a wholly-owned subsidiary of CUB, was merged with and into PacWest’s banking subsidiary, Pacific Western Bank. Matt Wagner, CEO of PacWest and Pacific Western Bank, stated, “We believe the […]

Activity, Corporate Banking

Where Are All the Bank M&A Deals?

October 14, 2016

Via: Bank Director

There is a growing likelihood that the bank M&A market in 2016 will see declines in both deal volume and pricing compared to the previous two years, even as the industry’s underlying fundamentals remain relatively unchanged. “The operating environment is […]


Wirecard moves into North America with Citi Prepaid Card Services acquisition

July 5, 2016

Via: Banking Technology

Wirecard has reached a definitive agreement to acquire Citi Prepaid Card Services – giving it an expansion into North America. The firm says Citi Prepaid card services have launched over 2,500 client programmes, associated with global companies and brands, but […]


How to Protect Your Bank in a Sale: Reverse Due Diligence

April 22, 2016

Via: Bank Director

Reverse due diligence in the context of bank mergers and acquisitions has become more relevant in the current regulatory environment. Bank regulators are more closely scrutinizing transactions and taking a stricter approach to supervisory and regulatory matters. This may generally […]