F.N.B. Corporation, a diversified financial services company, acquired Yadkin Financial Corporation, the holding company for Yadkin Bank, for $1.4bn. Scott Custer, President and Chief Executive Officer of Yadkin Financial Corporation, said "Yadkin Financial Corporation is delighted to partner with F.N.B. Corporation, one of the most impressive banking organizations in the United States. FNB's executive management team has done a tremendous job of delivering value to customers and shareholders while consistently being recognized as one of the best places to work for employees. We believe this partnership will provide the best returns for our shareholders while providing tremendous opportunities for our employees, customers and the communities we serve."