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MSD Capital, which manages the assets of Michael Dell, and Endicott Management will pay $141 million for a 15% stake in the U.S. unit of Israel's Bank Leumi.
By Hilary BurnsJanuary 22 -
The New York multifamily lender is making steady progress in a multiyear effort to reduce its dependency on commercial real estate.
By Hilary BurnsJanuary 19 -
The Arkansas company's earnings fell 52% from a year earlier, reflecting a higher provision, a revaluation of its deferred tax asset and higher costs following a series of bank acquisitions.
By Hilary BurnsJanuary 18 -
The Mississippi company reported strong loan growth, even as it reduced exposure to energy-related borrowers. Higher revenue also helped Hancock lower its efficiency ratio.
By Hilary BurnsJanuary 17 -
Kevin Fitzsimmons, who had recently covered banks for Hovde Group, will become FIG Partners' deputy director of research.
By Hilary BurnsJanuary 16 -
Leonard Stekol, Ridgewood's president, succeeded Peter Boger, who ran the bank for 18 years.
By Hilary BurnsJanuary 12 -
NewDominion Bank and M&F Bank are among the institutions willing to leave the industry's comfort zone to reach younger prospects.
By Hilary BurnsJanuary 11 -
The Boston mutual touted Deborah Jackson's role in promoting social justice and sustainability causes.
By Hilary BurnsJanuary 9 -
Calling the move "depressing," Chairman Ken LaRoe said the decision to stop working with medical marijuana firms came after certain investors objected. Recent moves by the federal government cemented the call.
By Hilary BurnsJanuary 9 -
A number of banks, especially those with extra real estate on their hands, are trying to capitalize on the co-working craze to appeal to fledgling companies that could become success stories — and their customers.
By Hilary BurnsJanuary 8 -
The company will also record a charge tied to the impairmant of its deferred-tax asset.
By Hilary BurnsJanuary 5 -
The company sold securities in the fourth quarter to stay below $10 billion in assets and avoid a cap on interchange fees.
By Hilary BurnsJanuary 4 -
Changing political and economic forces are raising new questions about deployment of tax savings and the cost of deposits, while old concerns about cost-cutting, credit quality and risk-taking persist or return.
By Hilary BurnsJanuary 3 -
About a third of U.S. banks are S corporations, and many are rushing to determine whether the new tax law has robbed them of their appeal and if they should convert to traditional corporations by the March 15 deadline.
By Hilary BurnsJanuary 3 -
The assessment from the central bank means MidSouth faces restrictions on board appointments and executive duties. Last year the OCC called the Louisiana company a "troubled institution."
By Hilary BurnsJanuary 2 -
State and federal regulators finally approved the Mississippi bank’s acquisitions of Ouachita Bancshares and Central Community after anti-laundering and CRA matters were resolved. BancorpSouth’s CEO says he may pursue more deals.
By Hilary BurnsDecember 28 -
The veteran banker wants to turn his Pennsylvania bank into a major business lender. But first he has to spin off the buzzy digital-only bank he helped build.
By Hilary BurnsDecember 27 -
The company has registered shares that three private equity firms have held since early 2010.
By Hilary BurnsDecember 21 -
The wealth management firm Boston Private has agreed to sell Anchor Capital Advisors to Anchor’s management team.
By Hilary BurnsDecember 21 -
The Fed approved an application giving Natcom Bancshares indirect control over Republic Bank, declining to take into account claims the transaction imperils the target's S corporation status.
By Hilary BurnsDecember 19













