PE firm buys mortgage tech company formerly known as Voxtur
Hale Capital Management purchased Voxtur Analytics after a tumultuous past few years that included financial struggles, and rebranded it as Apex Analytics.
M&A
The 5 biggest bank M&A deals of 2025
Bank merger and acquisition activity rebounded this year, led by Fifth Third's $10.9 billion proposed purchase of Comerica. Huntington, PNC and Columbia were involved in some of the other biggest deals announced in 2025.
Fifth Third-Comerica deal wins more support amid lawsuit
Proxy advisory firm Institutional Shareholder Services recommended approval of Fifth Third's $10.9 billion proposed acquisition of Comerica.
United Wholesale Mortgage acquired Two Harbors for $1.3 billion
The acquisition forms the eighth largest mortgage servicer nationwide, with a combined $400 billion in mortgage servicing rights.
Outlook brightens for CLOs in 2026 on prospects of M&A pickup
The industry expects resilient market conditions and fewer defaults, plus cheaper financing that supports M&A activity and more CLO issuance in 2026.
Jefferies expands credit reach with Hildene stake
Hildene, which partners with Crosscountry Mortgage for non-QM securitizations, is doing this deal as part of its buy of an annuity provider, SILAC.
Columbia eschews more M&A amid activist investor heat
The Tacoma, Washington-based bank, which has completed two mergers since 2023, said Thursday that it will buy back up to $700 million of its own shares over the next year.
M&T says it’s turning the corner on commercial real estate
The Buffalo-based bank said Thursday that the paring of its CRE loan book, which has nearly halved in volume over the last three years, may be near its inflection point.
Sagard brings Dan Johnson aboard BD team
Johnson will be based in New York and joins a business development team focused on originating for Sagard's private credit business.
Star Mountain looks to issue bonds that bundle up private credit
Bespoke securitizations have been gaining in popularity as private fund managers look for ways to raise cash amid a slump in dealmaking and fundraising.
More consumers are in delinquency as student loans sour
Late-payment rates among U.S. borrowers rose again in the second quarter, according to a report from the New York Fed. The trend reflects a sharp increase in student loan delinquencies, which have been climbing as pandemic-era policies have expired.
Rithm buys $1B in home reno loans from Upgrade
The forward-flow agreement with the lending fintech comes as home renovation spending surged during the first half of this decade.
Pinnacle, Synovus to merge; deal would create $116B bank
The two Southeast banks agreed to combine in a transaction valued at $8.6 billion. Synovus CEO Kevin Blair would be chief executive of the combined bank, but a slim majority of board members would come from Pinnacle.
Wisc. bank deal is latest sign of a summer M&A surge
A July pickup in activity is just a start, experts say. The banking industry's drive for scale and greater efficiency is expected to drive a renewed wave of consolidation, pushing the institution count lower.
Capital One confirms Discover home equity shutdown
Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
First Eagle sees CLO spreads tightening further
Last October's structural reorganization prepped the firm for this year's volatility.
By
John Hintze
Northern Trust shares jump on report of BNY merger interest
The CEOs of Bank of New York Mellon and Northern Trust have had at least one discussion about a potential merger, according to a Wall Street Journal article. On Monday, a spokesperson for Northern Trust said the bank "is fully committed to remaining independent."
Coller Capital bundles private equity stakes in $1 billion securitization
Citigroup Inc. is structuring the so-called collateralized fund obligation, which will include both debt and equity portions.
Guild Mortgage, Bayview Asset explore servicing M&A
This potential transaction would be part of a broader trend of mortgage lenders and servicing players converging, such as Rocket's recent acquisition of Mr. Cooper.
House Democrats question Bessent over CDFI contradictions
House Financial Services Committee ranking member Maxine Waters, D-Calif., led a group of Democrats in challenging Treasury Secretary Scott Bessent over the current state of the Community Development Financial Institutions Fund.
Load More
Couldn’t load more articles. Try again.