News Topic: Growth strategies

First Horizon and Iberiabank solidified their resolve after BB&T and SunTrust announced their merger. Bryan Jordan, First Horizon's CEO, says he's convinced the earlier deal is having a similar influence at other regional banks. ... Read full article

The acquisition will create a Southeastern regional with $75 billion in assets across 11 states. ... Read full article

The Phoenix company did not provide a reason why James Haught, who was also chief operating officer, left. ... Read full article

The Boston bank’s online money market account won’t start until later next year, and many rivals have already beaten it to the punch. But the window for new entrants is still open provided they do certain things right, experts say. ... Read full article

The Tennessee company, which was outbid in an effort to buy a North Carolina bank earlier this year, will pay $41 million for a branch network in the middle part of its home state. ... Read full article

The Pennsylvania company will pay $346 million for MutualFirst Financial. ... Read full article

The company will buy two suburban locations from North Shore Bank. ... Read full article

Hometown Financial, which completed three acquisitions this year, is considering branch openings for a push into the city. ... Read full article

The New York company will enter Suffolk County after it buys Empire Bancorp. ... Read full article

The National Credit Union Administration has unveiled a proposal to address a federal judge's concerns that its 2016 field-of-membership overhaul could discourage lending in low-income areas. ... Read full article

Midsize players like BankUnited, BOK and Fulton Financial plan to rely on selective M&A, catering to niches overlooked by big banks, aggressive recruitment of commercial lenders and other strategies to stimulate revenue growth. ... Read full article

The Tennessee company has agreed to buy First Advantage, which specializes in financing manufactured housing purchases. ... Read full article

Centreville Bank will pay $116 million in cash for PB Bancorp. ... Read full article

The $32 million merger will create a bank with nearly $1 billion in assets. ... Read full article

The company agreed to buy Steuben Trust for $107 million. ... Read full article

A majority of banks globally may not be economically viable because their returns on equity aren’t keeping pace with costs, the consultancy said in its annual review of the industry released this week. ... Read full article

The credit card lender responded to the closing of Toys R Us stores last year by issuing Synchrony-branded cards to the retailer's customers. Now it's testing a general-purpose card with a wider array of clients. ... Read full article

Santander Consumer is planning to attract online deposits via a national platform that could rival Goldman Sachs’s Marcus; HSBC is now in retrenchment mode after aiming for growth. ... Read full article