BankThink

Flagstar's 2Q earnings boosted by branch, warehouse deals

07/24/18

The March acquisitions of a warehouse lending portfolio and eight California bank branches helped fuel a 22% increase in net income.

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EBay's Apple, Square pacts could strangle community banks

07/24/18

With just two partnerships, eBay is cutting off a big opportunity for community banks.

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Don't be too quick to give up on tech

07/24/18

Banks should continually try out new technologies, even after failed experiments.

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Trump feuds hurting U.S. banking regulators' influence abroad

07/24/18

The Fed’s top regulator is reportedly gunning to run the international Financial Stability Board, but the president's trade wars and recent criticism of Europe are impeding that effort and weakening U.S. regulators' hand more generally.

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North Carolina deal boosts F.N.B.'s 2Q profit

07/24/18

The 2017 acquisition of Yadkin Financial was cited as a driver of growth for several fee-based businesses.

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CIT profits decline 19% on credit, restructuring costs

07/24/18

An increase deposit costs, higher reserves and ongoing restructuring issues weighed on the second-quarter results at the New York company.

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Veritex to buy Green Bancorp in Houston for $1 billion

07/24/18

Green's sale follows a dedicated effort by its management team to purge its energy porfolio.

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Signature Bank draws scrutiny; Fannie Mae CEO to depart

07/24/18

The bank entangled in probe of Michael Cohen; Mayopoulos to leave at yearend, CFO Benson to become president.

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Synovus returns to large-scale M&A with FCB acquisition

07/24/18

The $2.9 billion deal is the Georgia company's first traditional whole-bank acquisition since 2006. It is also the year's second-biggest bank acquisition.

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Fannie Mae CEO Mayopoulos to depart by yearend

07/23/18

The announcement comes as Fannie Mae promoted David Benson to serve as president of the government-sponsored enterprise.

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