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Skip Brown, an executive with Winston-Salem Banking Group, says it has signed a letter of intent to buy a community bank three months after withdrawing a charter application.
September 6 -
Intense competition for deposits and a growing need for scale are spurring more New Jersey banks to seek out buyers.
September 4 -
Intense competition for executives and top lenders has elevated the role acquisitions play in filling key positions.
August 26 -
As a growing number of chains go bankrupt, loan charge-offs are rising.
August 21 -
Lenders insist they will be able to ramp up commercial loans and mortgage refinancings without skimping on underwriting.
August 19 -
ZSuite Technologies digitizes a number of services that banks provide to landlords.
August 16 -
The New Jersey company was reportedly shopping itself around last fall. Fresh off an agreement to buy Gold Coast Bancorp in New York, CEO Kevin Cummings says he is ready to explore other acquisitions.
August 9 -
The South Dakota company discovered "inappropriate user access" to applications at Crestmark Bancorp, which it bought last year.
August 8 -
Lenders could struggle to reprice deposits fast enough to offset downward pressure from adjustable-rate loans and refinancing.
August 6 -
The Los Angeles unit of Royal Bank of Canada plans to use FilmTrack to handle more complex transactions for major networks, studios and distributors.
August 6 -
Beacon Business Bank hired former Boston Private executive John Delaney as its new leader.
August 5 -
The year's second-biggest bank merger created a Midwestern regional with nearly $50 billion in assets, and its CEO and executive vice chairman don't intend to stop there.
August 1 -
Credit quality is being second-guessed after several banks reported higher 2Q charge-offs.
July 29 -
Several small and midsize banks say they are losing borrowers to rivals and worry the trend could get worse as interest rates decline.
July 25
