CIT Group’s banking subsidiary CIT Bank has signed a definitive agreement to acquire Mutual of Omaha Bank in a cash and stock deal valued at …
Illinois Bank & Trust to snap up Rockford Bank and Trust Company
Illinois Bank & Trust, a wholly-owned subsidiary of Heartland Financial USA, has signed an agreement to acquire substantially all the assets and deposits and certain …
Professional Bank and Marquis Bank to merge operations
Professional Holding, the parent of Professional Bank in Coral Gables, Florida, has agreed to purchase local peer Marquis Bancorp, the parent of Marquis Bank. The …
China Lending to offload microloan business Fenghui
China Lending, a Chinese non-bank financial firm, has announced plans to dispose of Urumqi Fenghui Direct Lending (Feng Hui), a microloan business. A variable interest …
NAB invests £200m in property finance platform LendInvest
National Australia Bank (NAB) has invested £200m in LendInvest, a marketplace for property finance in the UK. With the infusion, LendInvest intends to expand its …