Alan Kline is the former editor-in-chief of American Banker. Previously he oversaw its consumer finance and national/regional banking coverage. He also helped direct coverage of the annual Most Powerful Women in Banking rankings.
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ViewPoint Financial Group Inc. in Plano, Tex., has announced that longtime President and Chief Executive Officer Gary Base will retire at the end of this year.
By Alan KlineMay 12 -
Mounting problems in its construction loan portfolio have forced NASB Financial Inc. in Grandview, Mo., to restate earnings for its fiscal first quarter and delay reporting its second-quarter earnings.
By Alan KlineMay 12 -
Trustmark Corp. in Jackson, Miss., said Tuesday that Daniel Grafton has become chairman of both the company and Trustmark Bank.
By Alan KlineMay 11 -
The parent company of the investment firm Sterne, Agee & Leach Inc. is planning to enter the banking business.
By Alan KlineMay 10 -
Coming off a weak first quarter, BancorpSouth Inc. in Tupelo, Miss., announced Tuesday that it would close or consolidate 23 underperforming branches this year.
By Alan KlineMay 10 -
Trustmark Corp. in Jackson, Miss., announced Tuesday that it has named board member Daniel Grafton as chairman of both the company and its main subsidiary, Trustmark Bank.
By Alan KlineMay 10 -
A new survey shows that investors and bank execs can't seem to agree on which direction bank stocks are headed: 39% say they'll do worse in 2011 than in 2010, 36% say better.
By Alan KlineMay 10 -
The parent company of the investment firm Sterne, Agee & Leach Inc. is planning to enter the banking business.
By Alan KlineMay 10 -
Coming off a weak first quarter, BancorpSouth in Tupelo, Miss., announced Tuesday that it is planning to close or consolidate 23 underperforming branches later this year.
By Alan KlineMay 10 -
The $2.4 billion-asset company said late Friday that it had filed a registration with the Securities and Exchange Commission seeking approval to start selling stock in July.
By Alan KlineMay 9 -
Illustrating the relative health of the nation's farm economy, small banks focused largely on agriculture lending continue to outperform more mainstream banks.
By Alan KlineMay 9 -
Looking to shore up its capital base, HomeStreet Inc. in Seattle is pursuing a public offering in which it hopes to raise up to $210 million.
By Alan KlineMay 9 -
Though analysts keep predicting that a wave of bank consolidation is coming, bankers themselves say there won't be much activity until sellers get real about their asking prices.
By Alan KlineMay 6 -
Though analysts keep predicting that a wave of bank consolidation is coming, bankers themselves say there won't be much activity until sellers get real about their asking prices.
By Alan KlineMay 6 -
The Government Accountability Office recommended that banking regulators and the new Consumer Financial Protection Bureau develop plans for regulating mortgage servicers ...
By Alan KlineMay 5 -
The acquisition of a 90.1% stake in Green Bankshares would be North American Financial's sixth since the holding company was created last year to buy failed or struggling banks.
By Alan KlineMay 5 -
Many have argued that competitive pressures and increased regulatory costs will force a wave of consolidation in the banking industry. On Thursday, a prominent banker made a stark prediction about how many institutions will survive the next decade.
By Alan KlineMay 5 -
The Charlotte, N.C., company announced Thursday that it is buying a 90.1% stake in the $2.4 billion-asset Green Bankshares in Greeneville, Tenn.
By Alan KlineMay 5 -
A week after revealing that a $23 million loss in the first quarter had dropped its equity below zero, BankAtlantic Bancorp Inc. in Fort Lauderdale, Fla., said late Monday that it is pursuing a stock offering in hopes of raising $30 million in fresh capital.
By Alan KlineMay 3 -
Bank of the Carolinas has entered into a consent order with state and federal regulators in which it agreed to improve its credit quality and maintain its "well-capitalized" status.
By Alan KlineMay 3
