Compass Bancshares said it has agreed to acquire
The $209 million-asset GSB Investments has eight Gainesville State Bank
D. Paul Jones Jr., Compass chairman and chief executive officer, said
"Gainesville is 60 miles from Jacksonville, where we've built a solid
If the deal closes as planned in the first quarter of 1998, Compass
The $12.4 billion-asset Compass Bancshares currently has 224 branches in
The top five banks and thrifts have combined total assets of nearly $13 trillion.
Brendon Falconer, finance chief of the Indiana company since 2019, faces felony child molestation charges. But CEO James Ryan says management is focused on the CapStar integration and organic growth.
The banking-as-a-service middleware provider will be acquired by TabaPay. Other middleware providers may be forced to evolve or face the same fate.
Institutions and their investors are facing pressure from climate activists, cautiously awaiting interest rate cuts and adjusting to new Federal Reserve and FDIC policies.
A new Citizens Bank survey suggests rising check-fraud incidents are driving middle-market companies to accelerate plans to fully adopt digital payments. But 70% of all businesses will continue to rely on checks for years to come, according to recent data from the Association for Financial Professionals.
After several quarters of slumping investment banking and trading fees, the Charlotte, North Carolina-based company reported a big uptick from that division, which helped compensate for a large decline in net interest income.
