M&T Expects to Close Acquisition Deal Next Month
Buffalo-based M&T Bank expects to complete its acquisition of Connecticut-based People’s United Bank on or around April 1, the banks said in a statement yesterday.
M&T Announces $43B Community Benefits Plan
As part of its acquisition of People’s United Bank, Buffalo-based M&T Bank has created a five-year community growth plan that will provide $43 billion in loans, investments and other financial support to communities within its footprint.
Finding Wealth Management Opportunities in Boston
While military special operations might bring to mind Navy SEALs and anti-terrorism missions, David Murphy’s military service gave him access to a quieter side of the special operations community and helped him develop a key skill for his work as a wealth manager: listening to clients.
People’s United, Rockland Grow Deposit Market Share Following Mergers
Following recent acquisitions, both Rockland Trust Co. and People’s United Bank have seen their share of Massachusetts deposits grow, while Chase’s branch expansion strategy appears to be paying off.
United Bank Rejected Bigger Offer from People’s United Last Year
People’s United’s latest acquisition target, Connecticut-based United Bank, originally rejected a much higher offer from People’s last year.
People’s United Expects Branch Consolidation and Employee Reductions from United Bank Purchase
Most of the cost savings that People’s United will achieve when it completes its purchase of Hartford-based United Bank will be through staff and branch reductions.
How Belmont Savings Landed on People’s United as a Buyer
Heading into 2018, management and the board of directors at the parent company of Belmont Savings Bank saw that there was no shortage of challenges in front of them if they were to sustain their successful track record of loan and earnings growth.
Banker & Tradesman’s Editorial Cartoon: M&A Means Christmas For Some Banks
Naming rights to one of Boston’s biggest concert venues? Oh, Santa! You shouldn’t have!
People’s United Acquisition a Preview of What’s to Come
People’s United Financial’s $544 million purchase of the parent company of Farmington Bank is one of this year’s largest bank deals in the U.S. But it may not be the last.
People’s United Bank to Acquire Farmington Bank
The largest state-chartered bank in Connecticut has just gobbled up one of the state’s largest community banks.
Deposify Joins With People’s United As First US Bank Partner
An Irish fintech firm with U.S. headquarters in Boston recently signed People’s United Bank as its first bank partner in America, the latest link in the fairly new tradition of bank and fintech partnerships.
People’s United To Buy Long Island-Based Suffolk Bancorp
People’s United Financial will beef up its New York presence with its pending acquisition of Suffolk Bancorp on Long Island, the company said Monday.
People’s United Posts 11 Percent Increase In Q3
People’s United Financial in Bridgeport, Connecticut,...People’s United Boosts Revenues In Q1
First quarter net income at the Bridgeport,...
