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Valley National (VLY) closes the deal to buy Bank Leumi Le-Israel B.M.'s US banking arm, Bank Leumi USA. The deal will broaden Valley National's commercial product offerings, and expand its venture capital business.

Related tickers: MTB, PBCT, VLY.

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Citi analyst Keith Horowitz adds M&T Bank to focus list and as part of his sole coverage of Regions Financial, Citizens Financial, KeyCorp and other banks.

Related tickers: MTB, PBCT, CFG, KEY, ISBC, CMA, RF, FITB.

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