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.
Peapack-Gladstone has agreed to buy Lassus Wherley & Associates, which has offices in New Jersey and Florida.
The Oakland company has hired Colleen Atkinson, a former manager at HSBC, to oversee its new professional banking business line.
Banc of California in Santa Ana will cut roughly 9% of its workforce as it looks to trim $15 million in expenses.
Following a $3 million fundraising campaign, the museum celebrating the credit union movement will also be able to renovate existing buildings.
SmartFinancial has agreed to buy Foothills Bancorp for $36 million. It would be SmartFinancial's fifth bank acquisition since 2012.
Management at the recently formed InBankshares hopes to expand in Denver by capitalizing on disruption from consolidation in the market.
LeeAnne Linderman, who oversees retail banking for Zions, was the first female chair of the Utah Bankers Association and has mentored and advocated for women in the industry.
CB Financial Services said its current CEO, Barron McCune Jr., was retiring and would be replaced by its president.
JPMorgan Chase CEO Jamie Dimon condemned the separation of immigrant children from their parents at the U.S. border, while a group that Citigroup CEO Michael Corbat co-chairs also called for an end to the policy.
Dan Heine and Diana Yates were accused of hiding Bank of Oswego's condition by inaccurately reporting bad loans.