M&A

Virginia bank to move headquarters as part of latest acquisition

05/20/19

Blue Ridge Bankshares will be based in Charlottesville, Va., after completing its $43 million purchase of Virginia Community Bancshares.

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Deposit rates may have peaked; Commercial credit's deteriorating quality

05/20/19

Banks are starting to lower their rates to savers, due to easier Fed policy and lower expected profits; Commercial lenders see big rise in non-performing loans.

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First American adds to Florida operations with Continental acquisition

05/17/19

The Illinois bank is buying a bank formed in the 1970s to serve Cuban-Americans.

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Chase expands digital health care payments via InstaMed acquisition

05/17/19

JPMorgan Chase is buying InstaMed, a cloud-based health care payments platform that’s seen significant growth in recent years from consumer medical payments.

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10 years after resurrection, BankUnited eyes Atlanta, servicing exit

05/17/19

The moves are part of a plan CEO Rajinder Singh discussed in a conversation with American Banker.

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Heritage Commerce bulks up in San Francisco with Presidio purchase

05/17/19

Heritage will have 17 branches around San Francisco when it completes the $200 million acquisition.

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Goldman's biggest deal in two decades; Metro raises more than planned

05/17/19

Financial advisory firm hopes to double in size in three years leveraging Goldman’s resources; bank had about £1 billion worth of orders.

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'Absolutely devastating’ to small lenders: Lawmakers lay into CECL

05/16/19

Democrats and Republicans on the House Financial Services Committee called for steps to minimize the harm to community banks and credit unions bracing for the new accounting standard.

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OCC monitoring Wells CEO search; CFPB enforcement chief to leave

05/16/19

Agency says it will vet Timothy Sloan’s successor; Eric Blankenstein, who came under fire for 2004 racist blogs, to step down.

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Bitcoin bounces back; CFPB reviewing overdraft fee rule

05/15/19

"Institutional support" spurs cryptocurrency price gains; the regulation limits what banks can charge for going negative on accounts.

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