Jackie Stewart | May 13
The Chicago-area company has started financing employee stock-ownership plans as a way to eke more business out of commercial clients.
Chris Cumming | May 13
Regions Financial has wrapped up a tender offer to lower its debt expense. The company said Monday that it plans to retire $350 million worth of 2014 bonds on which it pays a 7.75% interest rate.
Brian Browdie | May 13
First Merchants is buying CFS Bancorp in a deal that would create a $5.6 billion-asset Indiana bank.
Robert Barba | May 10
Regulators on Friday seized two banks owned by the $1.6 billion-asset company. The failures could tangle the Lansing, Mich., company in what the Federal Deposit Insurance Corp. calls the cross-guarantee liability, meaning that the agency has the ability to charge Capitol's nine surviving banks with the cost of the failures.
Robert Barba | May 10
A North Carolina bank that had belonged to the long-troubled Capitol Bancorp was closed by state regulators on Friday.
Chris Cumming | May 10
Customers Bancorp in Wyomissing, Pa., is looking to raise $75 million in a stock sale and intends to use the proceeds to fund organic growth and acquisitions.
Robert Barba | May 10
After a relatively busy April, the number of critically undercapitalized banks is down to just a handful. The pool of failure candidates could increase, but buyers should start looking elsewhere, industry observers say.
Andy Peters | May 10
Two shareholders of MainStreet Bank (MNSB), in Herndon, Va., have reportedly asked investors to push for a sale of the $271 million-asset company.
Dean Anason | May 10
A real estate arm of KeyCorp has agreed to purchase more than $100 billion of servicing rights on commercial and multifamily loans from Bank of America, Keycorp said in a press release Thursday.
Maria Aspan | May 09
Royal Bank of Scotland CFO Bruce Van Saun will replace Ellen Alemany as CEO of its U.S. business. He is preparing Citizens Financial for a partial IPO by 2015, though he said in an interview that he is open to "attractive" takeover offers.
Chris Cumming | May 09
First Citizens Bancshares in Raleigh, N.C., reported a large increase in its quarterly earnings after the sale of a large portion of its processing-servicing business.
Maria Aspan | May 09
Executives from Citigroup, Goldman Sachs and ING U.S. were among the honorees at an annual awards ceremony hosted by Legal Momentum, a women's legal defense and education fund.
Brian Browdie | May 09
Look up in the sky! It's a bird. It's a plane. No, Regions Financial is adding two supersized signs to the Music City skyline.
Brian Browdie | May 09
A former loan officer at Wilmington Trust in Delaware is facing jail time after pleading guilty this week to bank fraud.
Brian Browdie | May 09
The $394 million-asset Broadway Financial said Wednesday that its Broadway Federal Bank recently sold $8.7 million in loans to an unnamed buyer for an undisclosed price.
