Regional banks

Hold the champagne: First Republic CEO to stay on for another 3 years


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.


First Horizon bets on SIFI changes with blockbuster deal


First Horizon CEO Bryan Jordan explains why he thinks policymakers will change the $50 billion asset cutoff and justify the regional bank's big acquisition.


CIBC's PrivateBancorp deal under fire (again)


The value of CIBC's offer for PrivateBancorp in Chicago had dropped by $3 per share as of late last week due to the decline in CIBC’s stock price in recent weeks, one shareholder advisory firm said ahead of a shareholder vote next week. Another advisory firm endorses the deal.


Higher expenses soften gains at Investors Bancorp


The New Jersey company's profit growth was constrained by an 11% increase in compensation and benefits and an 85% jump in consulting fees tied to compliance and other issues.


BBVA Compass’ profits spike on rising rates, energy sector recovery


The Sun Belt lender also increased fee income and kept expenses down in the first quarter.


Why bank M&A cooled in 1Q and won't get hot anytime soon


Forecasts for better times ahead in banking have sellers wanting more and buyers pursuing less.


Associated Banc-Corp. hits growth targets, reports CRA upgrade


The Wisconsin regional's profits rose 35% in the first quarter on healthy loan growth, wider margins and an improved efficiency ratio while saying its "satisfactory" CRA rating had been restored.


Midsize banks on Dodd-Frank relief: Raise the asset thresholds


In an interview, CEOs for midsize banks said they are hopeful for a bipartisan Dodd-Frank Act reform bill that eases regulatory requirements for institutions with assets of more than $10 billion.


The real-world impact of Dodd-Frank, stress tests and other regs


In his annual letter to shareholders, M&T Bank chief Robert Wilmers laid out in compelling detail how government policies intended to protect American families have ultimately stymied economic growth.


One-size-fits-all rulemaking hurts regional banks: M&T’s Wilmers


Because the fates of banks and the communities they serve are so intertwined, the regulatory impacts borne by regional banks are inextricably linked to the repercussions experienced by their customers.