The stars aligned for the two longtime rivals to join forces, and some observers speculate that other regional banks will need to strike similar partnerships if they hope to remain competitive. But others say such deals are rare because they're hard ... Read full article
The industry's largest acquisition in more than a decade will create the sixth-biggest bank in the country, with assets of more than $442 billion. ... Read full article
Why now? Will it work? How will their rivals respond? The megadeal between the two East Coast regionals offers up plenty of grist for speculation. ... Read full article
The industry's largest acquisition in more than a decade will create the sixth-biggest bank in the country, with assets of more than $442 billion. ... Read full article
After essentially failing its 2013 CRA exam, BBVA Compass embarked on an ambitious plan to achieve the highest possible CRA grade. Here’s how it succeeded. ... Read full article
The exemption was included in a suite of other changes unveiled to provide greater transparency to the Fed's stress testing regime. ... Read full article
BBVA Compass in Birmingham, Ala., reported 6% increases in loans and revenue, as strength in consumer loans and credit cards offset weakness in fee income. ... Read full article
The regional bank is roughly a third of the way to the 260 workers needed to staff the 25 branches it plans to open there over two years. ... Read full article
The new asset-based securities lending unit, based in Charlotte, N.C., will provide warehouse lines of credits to nonbank consumer and commercial lenders. ... Read full article
In addition to closing on its largest acquisition to date, the Tulsa, Okla., company reported double-digit growth in energy, health care and commercial real estate loans. ... Read full article
Banks say regulatory relief efforts should go even further, while public interest groups — and even one of the Fed’s regional offices — say the proposals to roll back supervisory standards go too far. ... Read full article
CrediFi helps bankers pursuing commercial real estate loan growth minimize the risk in lending to customers they historically haven't served. ... Read full article
Many bankers say they’re more comfortable with using artificial intelligence behind the scenes, but others — including Synchrony and Wells Fargo — insist AI can be used to interact with customers if it’s deployed properly. ... Read full article
Bigger banks complained that a two-tier system would force them to rethink their models, while smaller banks raised concerns about adding more complexity to an already burdensome process. ... Read full article
Business lending at the 10 largest regionals got a boost from turmoil in the securities markets; hedge funds stand to gain if conservatorship ends. ... Read full article
John Ciulla, one year in as CEO of Webster Financial, discusses how he is preparing for the next downturn, picking his spots in tech spending, and remaining cautious about M&A. ... Read full article
At a FASB meeting Monday on proposed changes to the accounting standard, its critics will be given a platform. ... Read full article
The Tennessee company is pleased with loan growth. It has also been able to reduce its dependence on brokered deposits as it brings in new customers following its purchase of Capital Bank. ... Read full article
The acquisition of VAR Technology Finance bolsters the bank's efforts to expand into new areas of lending. ... Read full article
The North Carolina regional closed dozens of branches and cut jobs across the company, directing a chunk of the savings to digital banking initiatives. ... Read full article
