Browsing: deal

Old Second Bancorp in Illinois plans to acquire in-state peer Bancorp Financial for $197 million in cash and stock, the two banks announced on Tuesday.The merger…

First Busey Corp. in Champaign, Illinois, said it parted ways with its CFO. First Busey Corp. in Champaign, Illinois, said that its chief financial officer has…

Unlock the Editor’s Digest for freeThe Vatican had reason to feel “utterly let down” by a financier involved in an ill-fated UK property deal on which…

Mariner Kemper just closed the biggest deal of his life. Last Friday, UMB Financial acquired Heartland Financial for $2 billion. The acquisition is the largest in UMB’s…

UMB Financial surged past expectations in the fourth quarter. But the same could not be said of the bank UMB is acquiring, Heartland Financial.In the final…

On Jan. 20, two things happened that could have a major effect on banks and the economy this year: President Trump’s second inauguration, and the release…

Jonathan Gray, president and chief operating officer of Blackstone Inc., from left, Ron O’Hanley, chief executive officer of State Street Corp., Ted Pick, chief executive officer…

SouthState Bancorp is hopping on a trendy strategy banks are using to free up their balance sheets and grow capital while underwater bonds drag on revenues.The…

CNB Financial in Clearfield, Pennsylvania, would get its first presence in the Philadelphia area through the $214 million acquisition of ESSA Bancorp it announced Friday. Bloomberg…

UMB Financial’s proposed $2 billion acquisition of Heartland Financial USA in Denver has received the Federal Reserve’s approval, paving the way for UMB to expand into…