Commercial lending

Lending to nonbank lenders is growing — maybe too much

07/05/19

Loans to other financial firms have soared in recent years, and many are going to private equity or business development firms that then use the funds to make leveraged loans. Should regulators be worried?

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Customers in Pa. warns of earnings hit after mortgage client shuts down

07/01/19

The bank said it could record a $7 million charge in the second quarter after the client unexpectedly closed in May.

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With hiring spree, Signature aims to accelerate commercial lending

06/25/19

The New York bank has recruited a dozen commercial lenders from PacWest, Wells Fargo and other rivals, continuing its shift away from its historic reliance on multifamily lending.

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Senators seek to reassure small businesses about AML bill

06/20/19

While a bill to require firms to identify their owners has gained bipartisan support, some small companies argue it is burdensome and would subject them to harsh penalties.

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Huntington launches health care finance unit

06/20/19

The Columbus, Ohio, bank has hired a former executive from Bank of America to run the new business, which will target physician, dentist and veterinary practices.

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Bank of Montreal surpasses U.S. growth target in six months, CEO says

06/19/19

Last year, CEO Darryl White said his goal was for U.S. operations to account for one-third of the bank's earnings in three to five years. It was a matter of months before the goal was reached.

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BOK hires veteran health care banker from Synovus

06/13/19

The Tulsa, Okla., bank is adding Jim Thompson as director of senior housing investments.

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United Community casts M&A net in BB&T-SunTrust strongholds

06/13/19

Lynn Harton, the Georgia bank's CEO and a 20-year BB&T veteran, is considering acquisitions in Alabama, Florida and Tennessee markets where the entity soon to be named Truist Financial has a high profile.

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Citizens looks to poach BB&T-SunTrust talent, but should expect a fight

06/11/19

The Rhode Island company is counting on disruption from the megamerger to accelerate its Southeast expansion, according to commercial banking chief Don McCree. But BB&T’s Kelly King has a message for him: Not so fast.

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‘Epic’ flooding forces ag banks to lean on farm agency

06/10/19

Lenders are turning to the Farm Service Agency to backstop more loans as their Midwestern customers are beset by flooding in addition to the U.S. trade war with China and volatile crop prices. Can the FSA meet the increased demand?

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