News Topic: Growth strategies

Why choose a former Visa chief to run a custody bank? Because to survive long term, Bank of New York Mellon will have to look more and more like a payments company. ... Read full article

The North Carolina company could issue $200 million in new securities over time to fund acquisitions and other investments. ... Read full article

Severn said it believes Mid Maryland Title Co. will complement its existing dealings in mortgages, commercial banking and commercial real estate. ... Read full article

The region is responsible for a third of all bank sellers — and more than half of the industry's overall deal volume. ... Read full article

Deciding it had had enough of problem energy credits, Houston’s Green Bancorp shifted capital to Small Business Administration loans, increasingly popular among community banks because of the premiums they fetch from investors and Washington's ... Read full article

While overall activity remains slow, sellers — particularly those flush with core deposits — are fetching premiums not seen in years. ... Read full article

Steven Klein, the company's president, will become its CEO in early November. ... Read full article

Alice Frazier had been chief operating officer at Cardinal Financial, which was bought earlier this year by United Bankshares. ... Read full article

ES Bancshares, which recently sold a branch near Poughkeepsie, is planning to add locations in Brooklyn and Staten Island. ... Read full article

The Virginia company told investors that Morgan Davis, its president, will soon succeed founding CEO Robert Aston, who is retiring. ... Read full article

The Michigan company was caught off guard by CEO David Ramaker's decision to retire. Fortunately, Chemical had retained Talmer Bancorp CEO David Provost after buying his bank a year earlier. ... Read full article

David Provost will succeed David Ramaker as the Michigan company's CEO. Provost ran Talmer Bancorp, which Chemical bought last year. ... Read full article

The offering would be a big milestone for Byline Bancorp, which was recapitalized in 2013 by a group led by former Banco Popular North America CEO Roberto Herencia. ... Read full article

Pinnacle Financial Partners closed in on $20 billion in assets by buying BNC. It now has to integrate the North Carolina bank, while finding ways to boost profit and adapt to increased regulatory burden. ... Read full article

Here are 10 banks the investment banking firm KBW says are ripe M&A targets because they are in hot markets, face various growth challenges that make them vulnerable or have private-equity owners looking to cash out. ... Read full article

Bill would replace much of Dodd-Frank but is unlikely to become law; online retailer is expected to expand Amazon Lending program to small businesses in the U.S., U.K. and Japan. ... Read full article

Citizens Financial is going out of market to find midsize business in need of credit or advisory services in uncertain times. It is a good example of the resiliency that regional banks are showing amid softer loan demand, Washington gridlock and still-low ... Read full article

Mackinac Savings Bank is the first bank acquisition for IBM Southeast Employees’ Credit Union. ... Read full article