Chris Cumming | May 01
D.A. Davidson has agreed to buy the Los Angeles broker-dealer and money-management firm Crowell, Weedon & Co.
Chris Cumming | May 01
The investors would inject $50 million into the struggling lender, the bank said Monday. U.S. Century would also sell its nonperforming loans, which totaled $95 million at March 31, to "unrelated third parties" for an undisclosed price.
Brian Browdie | May 01
The Kansas City company, which started with opening-day deposits of $1,100 in 1913, now has $15.7 billion in assets and a fresh formula that is allowing it to prosper with a conservative approach to credit.
Chris Cumming | May 01
Opus Bank in Irvine, Calif., has agreed to buy four branches from Zions Bancorp.'s California subsidiary.
Brian Browdie | May 01
Regions Financial in Birmingham, Ala., is taking steps to conform its capital to evolving regulatory requirements.
Chris Cumming | Apr 30
Hudson City Bancorp in Paramus, N.J., reported a 34% decline in quarterly profit as it waits for regulators to approve its sale to M&T Bank.
Brian Browdie | Apr 30
The sale, announced in July and completed Tuesday, included $3.2 billion in deposits. Financial terms of the deal were undisclosed.
Jackie Stewart | Apr 30
Many large commercial banks must decide how to adapt their investment banking units to keep pace with changing regulations that could shrink ROE further, according to a report from BCG.
Brian Browdie | Apr 30
Expenses weighed down Old Line Bancshares in the first quarter. Earnings at the $869 million-asset company in Bowie, Md., fell 27.8% from a year earlier, to $1.3 million, or 19 cents per share.
Andy Peters | Apr 30
The SEC is still working on rules for compensation clawbacks, but some banks have adopted stricter policies in response to pressure from activist shareholders like the New York City comptroller's office.
Andy Peters | Apr 30
Too few of the small banks willing to sell have businesses worth buying, bank CEOs said during the recent round of earnings calls.
Chris Cumming | Apr 29
Heartland Financial USA in Dubuque, Iowa, reported lower quarterly earnings as compensation expenses rose.
Apr 29
A breakdown of M&A announcements in the financial services industry for the week ended April 27.
Chris Cumming | Apr 29
Business Bancshares in St. Louis has exited the Troubled Asset Relief Program.
Brian Browdie | Apr 29
Higher interest income and wider margins lifted BNC Bancorp in the first quarter.
