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Synovus Financial in Columbus, Ga., has agreed to pay nearly $9 million to settle lawsuits that claim the company knew of illegal transactions by one of its clients.
August 10 -
Awards recognize innovation in lending while maintain sound financial performance.
August 10 -
Small-business owners heard "no" more often in July when seeking loans from big banks after six months of improving prospects.
August 9 -
New Jersey Community Bank in Freehold has exited a pair of regulatory orders. The $102 million-asset bank also said in a press release Tuesday that two siblings have resigned from its board.
August 9 -
Small-business owners heard "no" more often in July when seeking loans from big banks and credit unions alike, while small banks and institutional lenders were more generous, according to the Biz2Credit Small Business Lending Index.
August 9 -
The $4.3 billion-asset holding company said in a press release Monday that the fixed- to floating-rate subordinated notes are due in 2026.
August 8 -
Pacific City Financial in Los Angeles has raised $15.3 million in a secondary stock offering.
August 8 -
NexTier Bank in Butler, Pa., has tapped its chief operating officer as its next leader.
August 8 -
The Bancorp in Wilmington, Del., has raised $74 million by selling common stock and a new series of preferred stock.
August 8 -
The former officers and directors for Midwest Bank & Trust have reached a $26.5 million settlement with the Federal Deposit Insurance Corp. over charges of negligence during the financial crisis.
August 5