May 13
JPMorgan Chase shares would probably fall by about 10% if Chief Executive Officer Jamie Dimon leaves the company, Mike Mayo, an analyst at CSLA Ltd., said today in a research note to clients.
Brian Browdie | May 13
Institutions with at least $10 billion of assets approved 16.8% of loans between $25,000 and $3 million in April, up from 15.7% in March and 10.6% a year earlier, according to an index published Friday by Biz2Credit.
Brian Browdie | May 13
Fannie Mae has unveiled a system to help servicers prevent foreclosures. Adoption will become mandatory for servicers in the future, the agency warns.
Brian Browdie | May 13
The identities of the card processing companies targeted in a massive cyber offensive have surfaced.
May 13
JPMorgan Chase's leading directors urged shareholders to reject calls for Jamie Dimon to relinquish his dual role as chairman and chief executive officer, saying it "could be disruptive" and against the best interests of investors.
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.
Chris Cumming | May 10
First NBC Bank Holdings in New Orleans is looking to sell $100 million worth of shares in its initial public offering.
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.
Paul Davis | May 10
Shares of TriState Holdings (TSC) in Pittsburgh rose slightly during their first day of trading.
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.
Chris Cumming | May 10
David Marshall is executive vice president and CFO of Docking and Union State Bank, its $241 million-asset subsidiary, the company announced Friday.
Chris Cumming | May 10
KeyCorp Chief Financial Officer Jeffrey Weeden plans to step down after 11 years in the role.
Mary Wisniewski | May 10
Sainsbury's Bank announced it will outsource its retail banking operations to FIS as it becomes a wholly owned bank in the coming months.
Chris Cumming | May 10
Home Federal Bank of Hollywood has hired a new chief executive with experience guiding troubled Florida lenders. The $59.4 million-asset bank named Robert Brookes CEO last month, according to an online report in the South Florida Business Journal.
