M&A at midyear: Lackluster volume but attention-getting prices
While overall activity remains slow, sellers — particularly those flush with core deposits — are fetching premiums not seen in years. ... Read full article
While overall activity remains slow, sellers — particularly those flush with core deposits — are fetching premiums not seen in years. ... Read full article
The largest banks announced plans to distribute capital back to shareholders after the Fed gave passing grades to everyone following this year’s CCAR stress tests. ... Read full article
Wells Fargo aside, the industry overall should be pleased with the results of our annual survey of bank reputations. One key insight: Displaying strong ethics is an effective way to improve what people think of your bank. ... Read full article
Under Steven Bradshaw, the Oklahoma bank is engaging employees as never before by investing heavily in training and development. Don't think customers haven't noticed. ... Read full article
Seeking to stay below $50 billion, the regional is selling its origination and servicing businesses. ... Read full article
The Canadian bank twice sweetened its bid for PrivateBancorp, raising the stakes. Now it must gain traction in the hypercompetitive Chicago market while hunting for more acquisitions. ... Read full article
Readers weigh in on chatbots, Amazon’s physical footprint expansion plans, alternative credit data and more. ... Read full article
One of the biggest challenges after a merger is deciding which people to keep and which to let go. Learning to identify certain habits and skills could simplify those decisions. ... Read full article
Pinnacle Financial Partners closed in on $20 billion in assets by buying BNC. It now has to integrate the North Carolina bank, while finding ways to boost profit and adapt to increased regulatory burden. ... Read full article
Readers chime in on the GSE conservatorships, bitcoin’s future, regulatory relief for regional banks, a recent Supreme Court ruling on debt collection, and more. ... Read full article
The initiative comes as the bank is carving out a niche in the market for midsize companies. ... Read full article
One of the greatest factors hindering a full recovery following the 2008 crisis is improperly calibrated regulation, particularly of regional banking institutions. ... Read full article
Here are 10 banks the investment banking firm KBW says are ripe M&A targets because they are in hot markets, face various growth challenges that make them vulnerable or have private-equity owners looking to cash out. ... Read full article
Thanks to the Federal Reserve's unwinding of post-crisis policies, the next wave of mergers will be driven in part by a drop in deposits. ... Read full article
Amid all the bad news this year among taxi-medallion lenders, banks are trying to renegotiate loan terms behind the scenes, and regulatory changes could prop up collateral values and the competitiveness of taxis. ... Read full article
The Toronto bank said increases in deposits and loans spurred a 20% rise in profit at its U.S. retail bank from a year earlier. ... Read full article
New mothers were bailing out from the Cincinnati bank at twice the rate of other women employees, so it decided to offer a maternity concierge service that would help them with stressful chores. ... Read full article
The rising regional player has also appointed new chairs for four board committees as it prepares for the retirement of several long-serving directors. ... Read full article
From digital lending solutions for U.S. community banks to Sharia-compliant finance in Africa ... Read full article
James Herbert, 72, has once again postponed retirement. The longtime CEO was scheduled to step down at yearend, but the company says he will remain at the helm through 2020. ... Read full article