Chental-Song Bembry
ReporterChental-Song Bembry is a reporter at American Banker and freelance writer for Business Insider. She holds a bachelor’s degree in journalism with a minor in leadership studies from Hampton University.
Chental-Song Bembry is a reporter at American Banker and freelance writer for Business Insider. She holds a bachelor’s degree in journalism with a minor in leadership studies from Hampton University.
First Hawaiian, which is currently being spun off from BNP Paribas, has hired Ravi Mallela as chief financial officer.
The bank, which would be only the second to call the Motor City home, would hire 500 people there while maintaining most of its workforce in Midland.
Prosperity Bancshares in Houston said that its earnings increased 19% from a year earlier as its efficiency ratio rose.
The March acquisitions of a warehouse lending portfolio and eight California bank branches helped fuel a 22% increase in net income.
State Street said it would suspend a share repurchase program and issue common and preferred stock to pay for the deal.
Brentwood Bank’s purchase of Union Building and Loan would give it a larger presence around the Steel City.
Limited acquisition opportunities remain in the state's hottest markets, which will force buyers to pay bigger premiums or pursue deals elsewhere.
Flagstar Bank, which is in the process of buying more than 50 branches from Wells Fargo, has hired Ryan Goldberg as a director of retail banking.
Level One Bank in Farmington, Mich., has hired a team of mortgage bankers from MB Financial, which previously announced it was shutting down this business line.
Chris Furlow, who was a founding staff member at the Department of Homeland Security, is now the president and CEO of the Texas Bankers Association.