News Topic: Regional banks

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

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 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

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

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