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Shares of TriState Capital (TSC) in Pittsburgh rose slightly during their first day of trading.
May 10 -
First Financial Bancorp (FFBC) in Cincinnati has agreed buy First Bexley Bank, in a deal that would bring First Financial into the Columbus market.
December 18 -
First Financial Bancorp (FFBC) in Cincinnati has agreed to buy Insight Bank in Worthington, Ohio.
December 20 -
First Financial Bancorp (FFBC) in Cincinnati has agreed to buy Guernsey Bancorp in Worthington, Ohio.
April 29 -
When it agreed to be sold to Stifel last year, KBW was painted as a victim of weak bank M&A and the transformation of investment banking. Things are looking up now as the combined company ranked as the top advisor in four of six U.S. regions at midyear.
September 1 -
It has been a year after Stifel bought Keefe, Bruyette & Woods in a quest for more scale in the area of bank advisory services. Thomas Michaud, KBW's CEO, reflects on the past year and evaluates trends and forces in bank M&A and capital raising in coming months.
February 21 -
People's United has agreed to pay $3.25 million to acquire Citizens Financial' 52 branches inside Stop & Shop supermarkets on Long Island and elsewhere in New York, plus four traditional branches.
February 28
Investment banker Jason R. Hach has joined Sandler O'Neill following four years at its archrival Keefe, Bruyette & Woods.
As a managing director, Hach and will provide strategic and financial advice to depository institutions, Sandler said in a press release on Wednesday.
His hiring is perhaps the most high-profile investment banking and advisory grab Sandler has made following KBW's acquisition by Stifel Financial in February 2013. Industry observers
As a principal in investment banking at KBW, Hach's recent deals included representing
In 2013, he also helped manage Pittsburgh-based
"Facing significant challenges in the current environment, banks need an advisor that understands their business and helps them build real, long-term value," said Brian R. Sterling, a principal and co-head of investment banking at Sandler, in a press release.
Hach "has proven that he is more than up to the challenge and can uphold Sandler O'Neill's commitment to client service."
Sandler and KBW are fierce competitors in the bank M&A space with the two often leading the league tables.
In the first half of the year, Sandler was the biggest deal maker by volume, with 28 deals, two ahead of KBW, according to data from SNL Financial.
Conversely, KBW was the biggest deal maker in the first half of the year by value, with $3.25 billion in transactions, $250 million more than Sandler.
Hach's hiring "is a clear win for our clients," said William Hickey, principal and co-head of investment banking, in a press release. Hach said he is pleased to join Sandler.
"I hope to bring additional insight and relationships and strengthen Sandler's already powerful bank and thrift advisory franchise," he said in the release.
Prior to KBW, Hach was served as a director of depository investment banking at Janney Montgomery Scott. He also worked at National City Corp. and PricewaterhouseCoopers.
