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. ... Read full article
The Illinois bank is buying a bank formed in the 1970s to serve Cuban-Americans. ... Read full article
JPMorgan Chase is buying InstaMed, a cloud-based health care payments platform that’s seen significant growth in recent years from consumer medical payments. ... Read full article
The moves are part of a plan CEO Rajinder Singh discussed in a conversation with American Banker. ... Read full article
Financial advisory firm hopes to double in size in three years leveraging Goldman’s resources; bank had about £1 billion worth of orders. ... Read full article
Heritage will have 17 branches around San Francisco when it completes the $200 million acquisition. ... Read full article
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. ... Read full article
Agency says it will vet Timothy Sloan’s successor; Eric Blankenstein, who came under fire for 2004 racist blogs, to step down. ... Read full article
"Institutional support" spurs cryptocurrency price gains; the regulation limits what banks can charge for going negative on accounts. ... Read full article
Ask 453 bankers their forecasts on loan demand and the economy, or their feelings about the BB&T-SunTrust merger, pot banking as well other hot issues, and a clear picture emerges. Promontory Interfinancial Network recently did just that, and here our ... Read full article
The new capital will allow the Austin bank to increase its lending limit. ... Read full article
The bank plans rollout of a global cash management business; the lead Democrat on the Senate Banking Committee “not optimistic” about privatization. ... Read full article
The Illinois company will gain six offices after it buys Investors' Security Trust. ... Read full article
Purchase of United Capital Financial would extend the bank’s reach; the bank is raking in online deposits even as it pares back its branch network. ... Read full article
Wells Fargo creates unit to satisfy regulatory demands; U.S. Bank employee fired after blowing whistle on sales scheme, lawsuit says; what BBVA's new U.S. CEO has on tap; and more from this week’s most-read stories. ... Read full article
The chairwoman of the House Financial Services Committee said the panel will be holding its own public hearings on the proposed merger. ... Read full article
The city, among the Midwest's most vibrant C&I markets, is luring community banks, as well as giants like PNC and JPMorgan Chase. ... Read full article
The proposed merger will create a bank with more than $1 billion in assets. ... Read full article
Consolidation activity was ho-hum for most of April before a burst of transactions — and notable ones at that — were announced in the month's final week. ... Read full article
Pinnacle Bank chief Terry Turner never lacks specifics. He wants to expand inside a triangular zone that connects three Southern and mid-Atlantic cities, aims to enter five particular markets, and speaks bluntly about his plans for hiring alums of BB&T ... Read full article
