Commercial banking

Citizens to buy M&A firm in Atlanta

02/19/19

The Rhode Island bank is one of several regionals that have snapped up dealmaking boutiques in recent years to bolster noninterest income.

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Pot banking goes to Washington: 3 takeaways

02/13/19

Members of both parties want to make it easier for legal cannabis businesses to access financial services, but myriad obstacles stand in the way of that goal.

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Valley National to cut 60 corporate jobs

02/13/19

The New Jersey bank said it will save millions of dollars by eliminating the jobs as well as selling and leasing back some of its real estate.

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BB&T-SunTrust: Three big questions

02/07/19

Why now? Will it work? How will their rivals respond? The megadeal between the two East Coast regionals offers up plenty of grist for speculation.

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It’s a platform planet. Can banks adapt to it?

02/01/19

Thanks to big tech companies, the business world is moving to third-party platforms, or online marketplaces where sellers pull buyers' products off digital shelves. A growing number of financial institutions — including BBVA, Citi and community banks like Eastern — say they can't afford to sit out the trend.

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U.S. Bancorp expands borrowing options for corporate clients

01/31/19

The new asset-based securities lending unit, based in Charlotte, N.C., will provide warehouse lines of credits to nonbank consumer and commercial lenders.

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Chemical, TCF to merge, creating $45 billion-asset bank

01/28/19

Chemical is paying roughly $3.6 billion for the $23.5 billion-asset TCF. The combined company will be headquartered in Detroit, Chemical's hometown, and operate under the TCF brand.

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SVB Financial's large loans to PE, VC firms rise 48%

01/25/19

The parent company of Silicon Valley Bank predicted a strong year, saying the high-tech and other niches it serves are built to withstand current economic uncertainty.

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Loan growth, Charter deal bboost to CenterState's profit

01/22/19

The Florida company's earnings increased after it completed a big acquisition and produced strong year-over-year loan production.

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Fifth Third eyes middle market in Texas, Colorado

01/22/19

CEO Greg Carmichael says the Cincinnati bank will hire bankers in Denver, Dallas and Houston as part of a broader expansion into fast-growing markets that are home to lots of midsize firms. It is also interested in buying more fee-based businesses.

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