* McKinney, Texas-based Independent Bank Group is acquiring Denver-based Guaranty Bancorp in a $1.0 billion all-stock transaction.
* Kentucky-based First Security is merging into Indiana-based German American Bancorp in a $101.0 million cash-and-stock deal.
* Quincy, Calif.-based Plumas Bank is buying the Carson City, Nev., branch of Nebraska-based Mutual of Omaha Bank.
* Newly organized blank check company Far Point Acquisition has filed for a $400 million initial public offering of its securities. According to a Bloomberg News report, activist investor Daniel Loeb of hedge fund Third Point intends to use the IPO's proceeds to acquire financial technology firms.
* American Equity Investment Life Holding, which provides annuities and life insurance products, is in talks with interested suitors about a potential sale, sources told Reuters.
* U.S. life insurers reported lower net premiums and considerations in the first quarter largely due to various reinsurance deals and recaptures, primarily American International Group's shift of legacy exposures to a new Bermuda affiliate.
* On Capitol Hill, Federal Housing Finance Agency Director Melvin Watt will testify before the Senate Committee on Banking, Housing and Urban Affairs on the status of the housing finance system.
* Canada's central bank is looking to include smaller financial institutions and mortgage insurers in its in-house stress testing, The Wall Street Journal reports.
* Toronto-based Canadian Imperial Bank of Commerce posted fiscal second-quarter earnings of C$2.89 per share, up from the year ago figure of C$2.59 per share.
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