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Mergers & Acquisitions

Centennial, ServisFirst settle non-compete lawsuit for $15M

Centennial, ServisFirst settle non-compete lawsuit for $15M

The litigation related to four former staff that departed in the wake of a 2015 acquisition
Market Rally Inspired by Bank Earnings

Market Rally Inspired by Bank Earnings

The markets have spiked from Friday through Tuesday
Branch business: US Bank, MUFG sell branches to HomeStreet

Branch business: US Bank, MUFG sell branches to HomeStreet

Plus: New branch for Mid Penn Bank and private client office for Signature Bank
Sunflower Bank grows leadership team

Sunflower Bank grows leadership team

Plus: New faces at BCB Community Bank, Provident Bank, and Farmers & Merchants
Civista, FNCB expand product offerings through M&A

Civista, FNCB expand product offerings through M&A

The two banks have acquired subsidiaries in the fields of equipment leasing and wealth management
Credit Suisse Shares Slide, but Bank’s Balance Sheet Healthy

Credit Suisse Shares Slide, but Bank’s Balance Sheet Healthy

The bank will announce a restructuring plan in the coming days
Provident, Lakeland plot $25B ‘super-community bank’

Provident, Lakeland plot $25B ‘super-community bank’

The New Jersey banks have announced a merger worth approximately $1.3 billion
Citi exits UK as Silicon Valley Bank doubles down

Citi exits UK as Silicon Valley Bank doubles down

UK business being wound down by Citi CEO Jane Fraser as SVB appoints UK board
Southern Missouri to acquire Citizens in $140M deal

Southern Missouri to acquire Citizens in $140M deal

Plus, several other M&A deals have been signed off by regulators
America’s Four Biggest Bank CEOs Face Congress

America’s Four Biggest Bank CEOs Face Congress

Bank of America, Citigroup, JPMorgan and Wells Fargo will face off with Congress this week
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