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Sunday, March 27, 2011

More bank mergers are likely on the horizon | NOLA.com

The past few months have seen a frenzy of marriages between local banks, and it's only the beginning. In December, Mississippi-based Hancock Holding Co. announced it was merging with Whitney Holding Corp., creating the second largest bank in the New Orleans area. In February, Lafayette-based IberiaBank Corp. announced it was buying Omni Bancshares Inc. to deepen its presence in the New Orleans area, and then in March, announced it was buying Cameron Bancshares Inc. to get into Lake Charles...

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