Regional banks

Would TD Bank benefit from a Schwab-Ameritrade deal?

11/21/19

Toronto-Dominion Bank would end up with a smaller stake in a larger brokerage if Schwab and TD Ameritrade combined. But it could parlay that stake into funds for a U.S. bank acquisition.

[more]

Banks top credit unions in customer satisfaction, survey finds

11/21/19

New American Customer Satisfaction Index data shows consumers slightly favored banks, which are benefiting from investments in technology.

[more]

Three takeaways from regulators' approval of the BB&T-SunTrust merger

11/20/19

The smooth and relatively short process should be encouraging to other big banks that are eyeing deals. But their window of opportunity may not last long.

[more]

Fed, FDIC sign off on BB&T-SunTrust megamerger — with a catch

11/19/19

The regulators approved the deal after nine months of consideration, but the Fed hit SunTrust with a consent order tied to "unfair and deceptive" business practices from 2013 to 2017.

[more]

Will Iberiabank's no-premium deal touch off big-bank M&A wave?

11/12/19

The Louisiana company's willingness to combine with First Horizon without a big initial payday is fueling talk that other banks could be keen on selling at relatively inexpensive prices.

[more]

First Horizon to buy 30 branches as part of BB&T-SunTrust divestiture

11/08/19

BB&T and SunTrust had to sell the branches to get Justice Department approval, marking a big step towards closing their merger.

[more]

Regions Financial rethinking M&A after First Horizon-Iberiabank deal

11/07/19

If the no-premium agreement announced by First Horizon and Iberiabank this week is a sign that sellers’ asking prices will come down, then Regions might reconsider its anti-M&A stance, a company executive said.

[more]

Smaller banks take a turn swinging the ax

11/06/19

While layoffs at big banks get the headlines, small and midsize lenders are also trimming payrolls in response to lower rates and fears that a recession is getting closer.

[more]

Manufacturing 'an area we're watching closely': KeyCorp CFO

11/06/19

Don Kimble assured investors Wednesday that the bank is being "very diligent" in lending to an industry some experts say is already in a recession. Echoing other banking executives, he also predicted that consumer lending would drive overall loan growth in the near term.

[more]

Comerica Chairman Babb to retire at year-end

11/05/19

Ralph Babb had stepped down as CEO in April. Curtis Farmer, who succeeded him as chief executive, will assume the chairman's title starting next year.

[more]