Investar in La. to enter Houston with latest acquisition
The company agreed to buy Mainland Bank for nearly $20 million in stock. ... Read full article
The company agreed to buy Mainland Bank for nearly $20 million in stock. ... Read full article
In what would be its third acquisition in a year, the company formerly known as BofI Holding is buying a firm that clears trades for independent broker-dealers. ... Read full article
The company will pay $96 million to buy HomeTown Bankshares to gain scale in western Virginia. ... Read full article
First Foundation sold loans to Freddie Mac to free up space for higher-yielding credits. It then bought the securities that were formed to replace other, lower-yielding assets through an often overlooked program. ... Read full article
Citizens & Northern will pay $43 million for the $348 million-asset Monument. ... Read full article
AmeriNational Community Services plans to form an industrial bank in Nevada. ... Read full article
Colin Walsh, Varo Money's CEO, learned a lot from his first stab at deposit insurance. Lesson one: Work with one regulator at a time. ... Read full article
JPMorgan's chief cautioned against expanded regulation for big companies, arguing that businesses contribute to the economy. ... Read full article
It will also invest in mortgage and small-business lending and in neighborhood revitalization efforts there. The moves are part of a nationwide expansion by the largest U.S. bank. ... Read full article
The acquisitive company plans to buy Blue Hills Bancorp to boost its footprint in eastern Massachusetts. ... Read full article
Edward Doherty is set to succeed Janice Houghton when she retires in November. ... Read full article
Senior managers at selling banks often get big payouts and move on. But some decide (or are allowed) to stay and can make major contributions. Here are examples of execs who famously became difference makers after sticking around, or of keepers from recent ... Read full article
Bennett Bradley, BB&T's chief digital officer, discusses how an investment in Enigma, which helps companies leverage data, fits within the regional bank's fintech strategy. ... Read full article
A sluggish business climate and few M&A opportunities freed up midsize banks to invest in better tech systems and services, says Regions Chairman Grayson Hall. ... Read full article
The broadening of JPMorgan's Sapphire Reserve brand is emblematic of the niche expansion megabanks must rely on since bank M&A is not an option. ... Read full article
Washington Federal in Seattle allowed Anchor Bancorp to find another buyer after BSA issues forced it to withdraw its merger application. ... Read full article
The company will pay $142 million for Carolina Alliance Bank three months after buying NewDominion in Charlotte, N.C. ... Read full article
Some are relying on a national, digital strategy. Others say the right balance of costs and growth comes from more traditional means such as targeted branch openings and out-of-market expansion. ... Read full article
Bank of Montreal's chief executive officer says he doesn't need to make another acquisition to meaningfully lift earnings from the U.S. ... Read full article
Club owners used to be able to get bank loans, but that changed as the de-risking wave reshaped banks' relationships with pot firms, exotic dancers and many others. Whether the taboo can or should last becomes a big question as adult entertainment ... Read full article