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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 -
Taylor Capital Group in Chicago has hired a new chief compliance officer for Cole Taylor Bank.
June 6 -
Waterstone Financial (WSBF) in Wauwatosa, Wis., is planning a second-step conversion.
June 6 -
Ed Hale, who retired as chairman and CEO of First Mariner in Baltimore more than a year ago, has invested in a local technology consulting firm called Think Systems.
June 6 -
The Small Business Administration is making more money available for programs that encourage investment in early-stage companies and low-income communities.
June 6 -
First PacTrust Bancorp in Irvine, Calif., is planning to raise more than $40 million through a sale of preferred shares.
June 6 -
The fast-growing First Virginia Community Bank in Fairfax said Thursday that it sold more than 1.6 million shares at $13.50 each. It plans to use the money to support growth, among other things.
June 6 -
The foreclosure sale rate hit a three-year high in April, as the foreclosure process slowly returns to normal after years of delays and legal disputes.
June 6 -
The 2013 Data Breach Fraud Impact study from Javelin Strategy and Research shows that breaches can lead to billions of dollars in consumer-fraud charges in addition to costs they impose on institutions whose systems are compromised.
June 6 -
Atlantic Coast Financial Corp. has settled litigation with shareholders who objected the terms of its proposed merger with Bond Street Holdings.
June 6 -
Virginia Heritage Bank in Tysons Corner has begun a common stock offering.
June 5
