M&A
M&A
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Over 300 ex-Flagstar employees, initially acquired by Mr. Cooper, will transition to A&D Mortgage.
January 16 -
The $1 billion deal included classes A-L-A and A-L-B were offered as loans.
January 14 -
Overall CLO growth indicates the asset going mainstream in Europe
January 2 -
A record 22 credit unions announced plans to acquire banks in 2024, though the year ended on a discordant note as regulatory concerns appear to have derailed a planned CU-bank deal in Georgia.
December 31 -
The Seattle-based company's deal with Bank of America comes five weeks after the termination of its planned sale to FirstSun Capital Bancorp in Denver.
December 27 -
Franklin Templeton Investments Chief Executive Officer Jenny Johnson said she's concerned that some investment- and non-investment-grade private credit assets are trading at the same spreads as traditional fixed-income investments like corporate bonds.
December 10 -
Public-finance repair should be prioritized before alarm among bond investors takes hold, the Bank for International Settlements said.
December 10 -
Federal Reserve Gov. Michelle Bowman said a lack of banking experience among regulatory officials has led to unintended consequences. She flagged mergers, fintech partnerships and liquidity proposals as prime examples.
September 24 -
REV Federal Credit Union in suburban Charleston, South Carolina, plans to acquire First Neighborhood Bank in West Virginia. It marks the 15th deal this year involving a credit union buying a bank, closing in on 2022's record of 16 deals.
September 4 -
First-half net trading revenue rose 81% to $4.9 billion from the same period a year earlier at Citadel Securities, and gained 78% to $8.4 billion at Jane Street.
September 3