Regional banks

People's United to cross $50B in assets with United Financial deal

07/15/19

The Connecticut company will add heft in its home state and Massachusetts when it buys the former mutual.

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Banks nearly have REO monkey off their backs a decade after crisis

07/14/19

Lenders have reduced their holdings of foreclosed one- to four-unit family residences to roughly $2.6 billion of homes, down from more than $14 billion in 2010. Economists expect the trend to continue, but there are red flags to keep an eye on.

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Pittsburgh banks brace for BofA, JPMorgan

07/10/19

PNC, which has been the city's dominant bank for decades, and other local banks could face pressure as industry heavyweights expand in the market.

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Piper Jaffray to buy Sandler O'Neill for nearly $500 million

07/09/19

The merger will create a firm with heft in financial services M&A, fixed income and equity research.

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Banks take a pass on rollback of overdraft rule

07/08/19

The CFPB asked whether 10-year-old consumer protections against overdrafts are onerous or unfair, especially to smaller financial institutions, but banking industry officials largely said any changes could invite new problems.

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The weak underbelly in bank M&A this year

07/05/19

Set aside the large BB&T-SunTrust merger pact, and most deal metrics were way down in the first half of 2019.

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M&A 2019: Tech moves to center stage

06/28/19

Aside from BB&T-SunTrust, dealmaking got off to a sluggish start this year. But that may soon change, not just because of pressure to achieve scale. For many banks and credit unions, a technology-capability gap could be the determining factor.

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Banks rush to boost shareholder payouts after stress test results

06/28/19

Some large banks, including Bank of America and JPMorgan Chase, will increase dividends and stock repurchases by double digits.

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Another reason for bank CEOs to dislike CECL: Smaller pay raises

06/28/19

The new accounting standard for loan losses combined with an expected rule change around incentive-based compensation could hit bank chiefs in the wallet, according to a new report.

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Waters schedules hearings next month on Facebook, BB&T-SunTrust merger

06/24/19

House Financial Services Committee Chairwoman Maxine Waters wants to examine the merger of BB&T and SunTrust, as well as Facebook's cryptocurrency plans.

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