News Topic: Regional banks

Eagle Bancorp vigorously defended itself after a potential short seller made claims of dubious insider dealings, pushing back harder than many banks have in the past. ... Read full article

The Small Business Credit Availability Act aims to double the debt-to-equity ratio for business development companies. Increased leverage could spur more lending to small and midsize borrowers. ... Read full article

The expected refund is tied to loans that investors bought when they acquired the failed BankUnited in 2009. ... Read full article

American Banker’s award winners for 2017 had moments in their careers where hard knocks taught an indelible lesson, they trusted their gut or they listened to good advice. Here is a takeaway from each of their stories. ... Read full article

Five years have passed since M&T agreed to buy Hudson City, only to be tripped up by anti-money-laundering issues. With a clean bill of health from regulators and Hudson integrated, management is again talking about its interest in deals. ... Read full article

The $528 million acquisition ends months of speculation that the foreign-owned banks were pursuing a deal. ... Read full article

The bank has taken a decisive step to protect its asset quality, but the move also raises questions about what will drive loan growth in the future — and whether the company is on the block. ... Read full article

For remaking East West Bank from a small savings institution into a $36.3 billion-asset player with a seat on the front lines of U.S.-China relations – all while churning out record earnings year after year – American Banker is recognizing Ng for being a ... Read full article

The service will require more coordination between the bank and its parent company, BNP Paribas. ... Read full article

The pilot could help the agency improve its image after past criticism of slow responses to catastrophes. ... Read full article

A decision to slash the equity required for most change-in-ownership loans could help the small-business lending program top its recent record. ... Read full article

While technology will let many banks cut staff and reduce the size of branches, factors such as geography, customer demographics and strategic direction will ultimately shape the look and feel of future offices. ... Read full article

The differences in business model between commercial banks and universal banks should not be ignored as Congress works to recalibrate the regulatory regime. ... Read full article

It’s good to be a business lender with a long contact list. Loan growth is weak and the talent pool has been shrinking, so banks big and small are paying top dollar to get an edge. ... Read full article

Freeing a number of big banks from enhanced oversight, including capital requirements, could motivate CEOs to pursue deals. Still, other impediments could prevent a flood of large mergers. ... Read full article

The planned sale will also include $70 million of loans in southern California. ... Read full article

Sterling Bancorp in New York is determined to turn Astoria Financial's largely residential operation into a commercial powerhouse. While investors are skeptical, CEO Jack Kopnisky has proven in the past that such an ambitious plan is doable. ... Read full article

Outsiders gained access to customer information at Southern National Bancorp of Virginia using a malicious email. Other financial institutions, meanwhile, are implementing policies in hopes of avoiding the same fate. ... Read full article