In Other Publications (cont.)

First Citizens Buying California Bank

First Citizens Bank of Raleigh is taking over 11 Temecula Valley Bank bank branches as part of a deal brokered by the FDIC.

Peoples Bancorp 2Q Earnings Drop

The Newton-based bank reported a drop in second-quarter net income to $1.4 million, or 25 cents per diluted share...

Citizens South Earnings Down 94%

The Gastonia-based parent company of Citizens South Bank earned $55,000, or 1 cent per diluted share, down from a year earlier...

Brown Elected Chair of N.C. Bankers Assn

Skip Brown, the founder and CEO of TriStone recently was elected chairman of the North Carolina Bankers Association...

Paulson Says He Threatened Bank of America CEO

The former Treasury Secretary says he was justified in saying Ken Lewis could be fired if the bank backed out of plans to buy Merrill...

Community Bank of Rowan to be Bought

First American Financial Management will pay roughly $16.25 million for the bank's shares, or about $16.06 per share.

B of A Plan for 'North Campus' Intriguing

When Bank of America asked the Charlotte City Council last month to make zoning changes that would let it build a 24-acre campus in Charlotte's University area, some in real estate wondered: Why?

Mitt Romney's Son Backing New Financial Firm

Tagg Romney, who last year founded the Massachusetts private-equity firm Solamere Capital, is backing a newly formed wealth management firm in Charlotte called Solamere Advisors.

Must Charlotte Grow to Keep from Dying?

Charlotte is a town with a philosophy — one that Hugh McColl has summed up so many times: You're either growing or dying.

Ex-BB&T Exec Faces Charges of Bank Fraud

Investigators have charged Chester Williams, a former executive vice president at the Winston-Salem bank, with criminal bank fraud, saying he overpaid a contractor and accepted thousands of dollars in illegal kickbacks in return.

Charlotte Home Prices Down 10% from 2008

Charlotte-area home prices took another dip in April, erasing a surprising gain in March, and striking a record double-digit annual decline.

N.C. Banks Outperforming Peers on Real Estate Loans

North Carolina's banks are more exposed to real estate loans than banks in other Southeastern states.

BofA Prices Share Offering

Bank of America priced its offering to exchange preferred stock for up to 200 million common shares at $12.7 per share.

Two More Leave BofA Board

Joseph Prueher and Tommy Franks have resigned from Bank of America's board, the fifth and sixth departures in recent weeks.

Bank of America Declares $18.125 Quarterly Dividend

the Charlotte-based bank said its board of directors authorized a regular quarterly dividend of $18.1250 a share...

BofA Eyes Charlotte Park for 2,000 Workers

Bank of America confirmed it plans to develop a 24-acre University-area site as a satellite campus.

Bank Branches Still Sprout

Crescent State Bank recently opened two new branches in Raleigh, but you won't hear CEO Mike Carlton bragging...

RBC Job Cuts to Remain Modest

RBC has already cut a few employees in Raleigh, but "significant" job losses aren't expected as the bank restructures.

Fifth Third Completes Share Exchange

The exchange by the parent of the former First Charter of Charlotte satisfies the capital requirements set by Treasury.

Q&A with Wells Fargo CEO John Stumpf

Bank of America and Wells Fargo compete like "cats and dogs" during business hours, Wells Fargo chief executive John Stumpf says, but that didn't keep him from spending a recent evening with Hugh McColl Jr., the retired CEO of his biggest rival.