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In Iowa, MidWestOne Financial Group Inc. agreed to acquire ATBancorp for $170.3 million. The bank deal is expected to close during the first quarter of 2019.
Eagle Bancorp Montana Inc. has agreed to acquire Big Muddy Bancorp Inc. in an all-stock deal valued at approximately $19.0 million.
With the termination of the Federal Reserve's supervisory agreement, Flagstar Bancorp Inc. has "much more latitude to execute on capital strategies," CEO Alessandro DiNello told American Banker. Discussing the company's new freedom from enforcement actions, DiNello said it is more within the company's control now to make decisions on dividend payments or go beyond asset deals and acquire an entire company.
JPMorgan Chase & Co.'s free-trading platform, You Invest, which will offer users 100 free stock and exchange-traded fund trades in their first year, could lead traditional online brokerages to cut their fees even further, analysts say. JMP Securities analyst Devin Ryan believes the likes of Charles Schwab Corp., Fidelity Investments, TD Ameritrade Holding Corp. and E*TRADE...