January 30, 2024
Via: Banking DiveBilled as a “merger of equals,” the deal will create a $4.6 billion-asset company with a presence in some of California’s strongest areas for mid-market business banking. “The expanded scale and capabilities we will have as a result of this […]
September 6, 2023
Via: FinTech FuturesSubject to approval by the New Zealand Overseas Investment Office, the deal is expected to close in late November, following which the pair will work towards a “smooth and efficient” transition for its customers. On completion, the acquired portfolio is […]
September 21, 2021
Via: YahooMitsubishi UFJ Financial Group (MUFG) is pulling back from U.S. retail banking with the $8 billion sale of MUFG Union Bank (MUB) to U.S. Bancorp as digital technology and industry consolidation squeeze out smaller lenders. The deal includes $5.5 billion […]
March 22, 2016
Via: ABF JournalIntersections successfully completed a $20 million term loan financing with Crystal Financial. The company also noted that during the fourth quarter of 2015, it closed a private placement of 3.0 million shares of its common stock, raising gross proceeds of […]
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