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Major Hires at Banks: MUFG, Idaho First Bank, Patriot Bank

Major Hires at Banks: MUFG, Idaho First Bank, Patriot Bank

New senior staff also appointed at Nicolet Bank, Grasshopper Bank, and Live Oak Bank
Umpqua Bank Fined $1.8M Over Unfair Charges

Umpqua Bank Fined $1.8M Over Unfair Charges

FDIC levies fine for unfair and deceptive practices in equipment leasing business
Farmers & Merchants, 1st Financial, SmartBank Lead M&A Activity

Farmers & Merchants, 1st Financial, SmartBank Lead M&A Activity

Farmer’s & Merchants Bancorp is to acquire Perpetual Federal Savings Bank of Urbana as the banking sector continues to see M&A activity
Boston Private Shareholders Approve Merger with SVB Financial

Boston Private Shareholders Approve Merger with SVB Financial

The deal attracted criticism from a major Boston Private investor
CIB Marine Agrees Buyback Plan with Hildene Capital

CIB Marine Agrees Buyback Plan with Hildene Capital

The activist investor has been targeting an overhaul of the company
HoldCo Steps Up Fight Over SVB’s Boston Private Bid

HoldCo Steps Up Fight Over SVB’s Boston Private Bid

Investor claims SVB previously indicated a higher value bid was possible
Enterprise Financial Swoops for First Choice in $398M Deal

Enterprise Financial Swoops for First Choice in $398M Deal

Also: Southern California Bancorp is to buy Bank of Santa Clarita for $56 million
New York Community Bancorp to Acquire Flagstar for $2.6B

New York Community Bancorp to Acquire Flagstar for $2.6B

NYCB is to acquire Flagstar in an all-stock merger scheduled to complete later this year
Silicon Valley Bank Holds Firm on Boston Bid

Silicon Valley Bank Holds Firm on Boston Bid

SVB Financial won’t pay more for Boston Private despite opposition from one vocal investor
Banks buy up rival community lenders

Banks buy up rival community lenders

Independent Bank Corp has announced its acquisition of Meridian Bancorp and Colony Bankcorp seals merger deal with SouthCrest Financial Group
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