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Fifth Third Bancorp in Cincinnati is planning to issue approximately $655 million of common stock as part of a share conversion.
June 12 -
CenterState Banks in Winter Haven, Fla., has hired a chief strategy officer from a California lender.
June 12 -
Maria Teresa Tejada will join the $89 billion-asset company on Aug. 12, it said Tuesday. She succeeds William Hartmann, who was promoted to chief risk officer last July, a KeyCorp spokeswoman said.
June 11 -
Urban Partnership Bank in Chicago has been designated a minority depositary institution by the Federal Deposit Insurance Corp.
June 11 -
Green Dot (GDOT) has agreed to acquire the Wal-Mart-branded prepaid card business from GE Capital Retail Bank.
June 11 -
The cloud-technology company nCino has secured investments from some of the biggest names in banking in its first funding round.
June 11 -
The Treasury Department has begun auctioning more than $51 million of stock that it acquired through the Troubled Asset Relief Program.
June 10 -
PNC Financial Services Group is latest bank that plans to do away with free checking.
June 10 -
A top executive at Heartland Financial in Dubuque, Iowa, is leaving for a job in the manufacturing sector.
June 10 -
Pennsylvania Dutch country could get the first de novo bank to open in the U.S. in more than two years.
June 10 -
The $120 billion-asset company has made a tender offer for certain debt of Union Planters Preferred Funding, a REIT subsidiary that it then plans to dissolve, it said Monday.
June 10 -
The $168 million-asset asset lender is offering as many as 500,000 shares at $10 per share, it announced Monday. The stock closed Friday at $9.85 a share; it had risen 1.5%, to $10, at midday Monday.
June 10 -
The banking unit of FNB United in Asheboro, N.C., has been freed from a regulatory order and has completed its integration of the Bank of Granite.
June 10 -
Meta Financial Group (CASH) in Sioux Falls, S.D., plans to raise up to $20 million by selling common stock.
June 10 -
Deloitte Corporate Finance has acquired McColl Partners, a middle-market investment bank founded by retired Bank of America Chief Executive Hugh McColl.
June 10 -
Promontory Financial Group has named David Gordon, a former Capital One Financial executive, its chief technology officer.
June 7 -
Florida's attorney general has threatened to sue Bank of America for violating the national mortgage settlement.
June 7 -
TD Bank has agreed to pay $44 million to settle allegations that it aided a South Florida lawyer's $1.2 billion Ponzi scheme.
June 7 -
Software firm Kofax has released an application that helps analyze its image-capture system.
June 7 -
Texas State Bankshares in Harlingen has agreed to buy Border Capital Group in McAllen in a merger of South Texas lenders.
June 7
