Blue Ridge Bank to Acquire Virginia Community Bankshares

Blue Ridge Bankshares agreed to acquire and Virginia Community Bankshares (VCB), the parent holding company of Virginia Community Bank, in a transaction valued at approximately $42.5 million in aggregate.

SouthStar Capital Acquires Fintech Firm inFactor

SouthStar Capital acquired Charleston, SC-based inFactor, strengthening and expanding its service offerings in the factoring and asset-based lending sectors.

Banesco USA to Acquire Brickell Bank

Banesco USA entered into an agreement to acquire Brickell Bank from its principal shareholder, Banco Espirito Santo, in liquidation.

Mortell Joins Ankura as Senior Managing Director

Financial and restructuring services expert and digital media strategist Michael Mortell has joined Ankura as senior managing director.

BB&T, SunTrust CEOs Discuss Merger of Equals at Fed

BB&T Chairman and CEO Kelly S. King and SunTrust chairman and CEO William H. Rogers, Jr., spoke at a joint public meeting of the Federal Reserve Board and the Federal Deposit Insurance Corporation on the proposed merger of equals between BB&T and SunTrust Banks.

Merchants Bank to Acquire First National Bank of Northfield

Merchants Bank and The First National Bank of Northfield have reached a definitive agreement for Merchants to acquire Northfield.

BTIG Adds Yatsui as Head of Cross-Border M&A

BTIG has hired Shingo Yatsui as a managing director and head of Cross-Border Mergers and Acquisitions within its Investment Banking division.

Peoples Bancorp Completes Acquisition of First Prestonburg

Peoples Bancorp, parent company of Peoples Bank, has completed its acquisition of First Prestonsburg Bancshares and First Commonwealth Bank of Prestonsburg.

Cambridge Trust Approved to Merge with Optima Bank & Trust

On April 5, 2019, Cambridge Bancorp, the parent company of Cambridge Trust Company, announced that all regulatory approvals relating to the proposed merger between Cambridge Trust Company and Optima Bank & Trust Company have been received.

People’s United Financial Completes Acquisition of BSB Bancorp

People’s United Financial, the holding company for People’s United Bank, completed its acquisition of BSB Bancorp, the holding company of Belmont Savings Bank, in an all-stock transaction.