Mitsubishi UFJ Financial Group (MUFG) reported that the final required regulatory approvals for the sales of MUFG Union Bank to U.S. Bank have been obtained, with the acquisition now expected to close on Dec. 1. read more

OCT 19, 2022 - 7:08 am

U.S. Bank has received all required U.S. regulatory approvals to complete its previously announced acquisition of MUFG Union Bank’s core regional banking franchise from Mitsubishi UFJ Financial Group (MUFG). read more

OCT 17, 2022 - 7:07 am

Seacoast Banking of Florida, the holding company for Seacoast National Bank, acquired Apollo Bancshares, parent company of Drummond Community Bank, effective Oct. 7. read more

OCT 10, 2022 - 7:23 am

The healthcare finance business of CIT, a division of First Citizens Bank, served as lead arranger of $58.9 million in financing for the acquisition of a portfolio of six micro-hospitals. The buyer is a joint venture directed by an affiliate of Rethink Healthcare Real Estate, formerly Seavest Healthcare Properties. read more

SEP 29, 2022 - 7:42 am

Provident Financial Services, the parent company of Provident Bank, and Lakeland Bancorp, the parent company of Lakeland Bank, will combine in an all-stock merger valued at approximately $1.3 billion. read more

SEP 28, 2022 - 7:40 am

CSI LifeCycle Leasing GmbH, a wholly-owned subsidiary of CSI Leasing, acquired tradefinity GmbH, a German IT asset disposal (ITAD) company. With this acquisition of tradefinity, CSI Leasing has 20 ITAD facilities worldwide. read more

SEP 27, 2022 - 7:45 am

PNC Financial Services Group acquired Linga, a point of sale and payments solutions firm providing a cloud-based restaurant operating system. Linga will continue to manage its portfolio of channel partners and clients. read more

SEP 27, 2022 - 7:41 am

U.S. Bancorp and Mitsubishi UFJ Financial Group extended the outside termination date of the purchase agreement for U.S. Bank’s acquisition of MUFG from Sep. 30, 2022, to Dec. 31, 2022. read more

SEP 19, 2022 - 7:50 am

Banc of California acquired the payments platform and technology of Global Payroll Gateway and its wholly-owned subsidiary, Deepstack Technologies, for $24 million in cash and stock. read more

SEP 16, 2022 - 7:35 am

Allegiance Bancshares, the holding company of Allegiance Bank, and CBTX, the holding company of CommunityBank of Texas, received regulatory approval from the Board of Governors of the Federal Reserve System to complete their merger of equals. read more

SEP 16, 2022 - 7:32 am

TimePayment acquired QuickSpark Financial, including the purchase of all active leases held by QuickSpark’s subsidiaries. read more

SEP 7, 2022 - 7:38 am

BankFirst Capital, parent of BankFirst Financial Services, signed a merger agreement with Mechanics Banc Holding Company, the parent company of Mechanics Bank, under which BankFirst will acquire Mechanics and Mechanics Bank for all-cash consideration.  read more

SEP 2, 2022 - 7:05 am

Ryder acquired Baton, a San Francisco-based startup known for the development of a proprietary logistics technology focused on optimizing transportation networks. read more

SEP 2, 2022 - 7:03 am

ECN Capital entered into a definitive agreement with funds managed by Stone Point Capital to sell all of the issued and outstanding equity interests in ECN Kessler Holdco, a wholly-owned, indirect subsidiary of the ECN through which ECN operates the Kessler Group business. read more

AUG 25, 2022 - 7:52 am

Gulf Coast Bank & Trust Company acquired the assets of KLC Financial and KLC Capital Partners, with KLC continuing as a subsidiary of Gulf Coast Bank & Trust Company. The acquisition became effective on Aug. 10. read more

AUG 18, 2022 - 6:52 am