Browsing: acquire

Key insight: Capital One will expand its business payments capabilities by acquiring Brex for $5.15 billion in cash and stock.What’s at stake: Brex offers corporate card services,…

Just when you thought all the mortgage M&A was done for the year, one last one snuck in.Well, there are actually two more weeks in the…

Forward look: The combined company will start with more than $28 billion of deposits, including $1.8 billion in Northern New Jersey.Supporting data: Blue Foundry Bancorp has…

Cornerstone Capital Bancorp, a one-time independent mortgage banker that acquired a depository, has agreed to purchase another bank, Peoples Bancorp of Lubbock, Texas.Terms of the transaction…

What’s at stake: The deal could strengthen Fiserv’s competitive advantage by bundling deposit services with its core processing, payments and new digital asset offerings.Supporting data: StoneCastle…

Key Insight: A bank in Pennsylvania has agreed to buy an in-state rival.  Supporting Data: The combined entity would exceed $2 billion of assets.Forward Look: The…

First National Financial Corp. is set to be acquired by private equity heavyweights Birch Hill Equity Partners and Brookfield Asset Management in a $2.9-billion deal that…

First Financial Bancorp has agreed to buy Westfield Bancorp, the holding company of Westfield Bank, in a cash-and-stock deal valued at $325 million.The merger of the…

Unlock the Editor’s Digest for freeUS prosecutors have charged a cryptocurrency entrepreneur with sanctions evasion and export control violations, alleging he laundered more than $500mn and…

Through a new acquisition, PNC Bank is growing its business serving the world of private equity.The banking subsidiary of PNC Financial Group said Tuesday that it…