Bank stocks

Metro Bank shares post record gain as lender boosts capital

05/17/19

Vernon Hill's U.K. bank sold $479 million of new stock and issued fresh details about its turnaround efforts. Those included plans to cease its controversial practice of purchasing design and branding services from a business owned by Hill's wife.

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Mortgage snafu forces Pa. bank to disclose material weakness

05/16/19

Meridian Corp. may have breached sales agreements after originating nearly $100 million in loans in a state where it lacked a license.

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A ‘crisis of confidence’ at Vernon Hill’s U.K. bank

05/15/19

As Metro Bank’s problems mount, calls for Hill’s ouster as chairman are getting louder.

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Metro Bank shares plunge despite fundraising progress

05/13/19

The London bank, founded by American entrepreneur Vernon Hill, has lost three-fourths of its market value since British regulators found that some of Metro’s mortgages were given the wrong risk weighting.

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Pathfinder in New York raises $21 million

05/09/19

The company said it could use proceeds from selling common and preferred stock to increase lending and add branches.

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Big gains, but warning signs: The top 200 publicly traded community banks

05/05/19

Profitability improved significantly last year for banks with less than $2 billion of assets, but not because of anything they did. Some troubling trends lurk beneath those big gains too.

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Wall Street's political largesse; Banks had a good April

05/01/19

Political contributions from Wall Street rose, but did they influence policy?; bank stocks post biggest monthly gain since President Trump was elected.

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Synovus struggles to win back investors despite early success integrating FCB

04/23/19

CEO Kessell Stelling said he thinks about Synovus' depressed stock price daily, even though his team is ahead of schedule cutting costs from a deal that closed in January.

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Red River in Louisiana plans $30M initial public offering

04/12/19

The company could use its share of proceeds from the IPO to repay debt and pursue bank acquisitions.

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United Bancorp. of Alabama raises $26 million

04/04/19

The company plans to use the new capital to pursue growth opportunities.

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