American Banker North Carolina
Guarded BB&T Forecast Has Regional Echo
American Banker | Oct 20Far from predicting the worst is over, BB&T chief Kelly King offered remarks during an earnings conference call that foreshadowed an indefinite case of the doldrums for the industry.
B of A Returns to Deficit as Recent Acquisitions Drive Losses
American Banker | Oct 19Departing Chief Executive Kenneth D. Lewis had better hope Bank of America 's third-quarter results are not the final draft of his legacy.
U.S. Bancorp Buys Nevada Sites
American Banker | Oct 15U.S. Bancorp picked up $800 million of deposits in Nevada from BB&T Corp. Tuesday, a week after negotiations for a sale of branches in the state broke down between ...
IBM to Buy Wilshire Assets from B of A
American Banker | Oct 06International Business Machines, which provides a host of outsourced services to mortgage lenders, now wants to take on one of the toughest jobs in the business — servicing distressed loans.
Global Consumer Ends Deal with BB&T
American Banker | Oct 06Global Consumer Acquisition Corp. of New York has terminated negotiations to buy the Nevada branches that BB&T Corp. picked up in the failure of Colonial Bank.
RBC's U.S. Chief Out; Canadian to Take Over
American Banker | Oct 02Scott Custer said Thursday he is stepping down as chief executive of RBC Bank next month for personal reasons and is not sure what he will do next.
In Other Publications
U.S. Bank CEO Ses Gowth in Charlotte
Charlotte Observer | Nov 18The Minneapolis-based bank is expanding capital markets, corporate banking in Charlotte.
Wells Fargo Boosts Rewards Program
Charlotte Business Journal | Nov 18Wells Fargo has expanded its rewards program by adding an online shopping site that allows members to earn bonus points at participating online merchants.
Former N.C. Banker's Luxury Goods to be Auctioned
Raleigh News & Observer | Nov 18Rockingham-based Iron Horse Auction is conducting auctioning under a federal court order the assets of William Wise who operated Millennium Bank from an office in Raleigh.
Oak Ridge Financial Reports Third-Quarter Loss of $7,000
Winston-Salem Journal | Nov 17Oak Ridge Financial Services said Friday that it had a loss of $7,000 in the third quarter compared with net income of $375,000 in the third quarter of 2008.
BofA Commits $1M to Charlotte Groups
Charlotte Business Journal | Nov 17The Bank of America Charitable Foundation has committed $1 million in grants to Charlotte nonprofits.
Parkway Bank Posts $1M Loss
Charlotte Business Journal | Nov 17Parkway Bank of Lenoir reports a third-quarter net loss of $1.05 million, or 75 cents per diluted share. In the same period last year, the bank lost $512,000, or 36 cents, per share.
