
Paul Davis
Founder, Bank SlatePaul Davis is the founder of Bank Slate, a financial strategy and research firm. He previously led community bank coverage at American Banker.
Paul Davis is the founder of Bank Slate, a financial strategy and research firm. He previously led community bank coverage at American Banker.
The Georgia company agreed to pay $84 million for a bank with nine branches and $715 million of assets.
The deal would be Independent's sixth since 2015 and would continue a wave of consolidation among Boston-area banks.
The Maryland company is closer to addressing claims it lacked sufficient controls under its previous management.
The Dallas company agreed to sell MSRs tied to $14 billion of mortgages to PHH Mortgage.
The company plans to shutter five locations, or roughly 12% of its network, next month.
Rhodium BA Holdings said it has proposed paying a higher price to disrupt the banking company's proposed sale to DLP Real Estate Capital.
Climate First Bank has raised $29 million in initial capital, surpassing the $17 million target set by the Federal Deposit Insurance Corp.
The San Diego company will pay $55 million to Morgan Stanley for a business that has 200 custody relationships, $23 billion of custodial assets and $1.2 billion of deposits.
Funds affiliated with HPS Investment Partners plan to buy Marlin Business Services for $282 million.
Trabian Technology, which builds digital products and mobile applications, is the latest in a series of technology-related purchases by MVB.