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Umpqua Bank Announces Acquisition of Financial Pacific Holding Corp Financial Pacific Leasing nationally recognized leader in equipment leasing industry Accretive acquisition to diversify and grow ...
States with Umpqua Bank locations. Umpqua continued with acquisitions in 2012 when they attempted to buy California-based American Perspective Bank for $44.7 million, which would have added two branches to Umpqua's then 196 branches. [12]
Umpqua Bank Completes Acquisition of Financial Pacific Holding Corp PORTLAND, Ore.--(BUSINESS WIRE)-- Umpqua Holdings Corporation (NAS: UMPQ) , parent company of Umpqua Bank and Umpqua Investments ...
Umpqua Holdings has signed an agreement to acquire a new business for the portfolio of its flagship unit, Umpqua Bank. The company announced today that it has signed a definitive agreement to ...
Steven J. Pilloff, "Bank Merger Activity in the United States, 1994–2003," Washington: Board of Governors of the Federal Reserve System, May 2004. (Staff study 176) Institute of Mergers, Acquisitions and Alliances (MANDA) M&A An academic research institute on mergers & acquisitions, including bank mergers
In May 2013, the company acquired the Seattle-area operations of Boston Private Bank & Trust Company. [10] On September 11, 2013, Umpqua Holdings Corporation announces it is acquiring Sterling Financial Corporation. In October 2013, the company acquired Commerce National Bank of Newport Beach, California for $42.9 million. [11]
Sterling Financial Corporation to Merge with Umpqua Holdings Corporation -Will create West Coast's largest community bank with 394 locations in five states -Sterling shareholders to receive a ...
The Federal Deposit Insurance Corporation (FDIC) may assume deposits of banks or allow other banks to assume them. The largest banks to be acquired have been the Merrill Lynch acquisition by Bank of America, the Bear Stearns and Washington Mutual acquisitions by JPMorgan Chase, and the Countrywide Financial acquisition also by Bank of America.