
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.
North Shore Bank in Brookfield, Wis., has agreed to buy Layton Park Financial Group in West Allis, Wis.
Banc of California in Irvine has changed its bylaws to allow for majority voting for directors.
The $685 million-asset Pinnacle Financial in Elberton, Ga., said in a press release Friday that it will pay $32.8 million in cash for the $184 million-asset Independence Bank of Georgia in Braselton.
MVB Financial in Fairmont, W.Va., has sold most of its insurance business to USI Insurance Services in Valhalla, N.Y.
The $5.5 billion-asset company said in a press release Wednesday that Vincent Palagiano, who has been its chief executive since 1989, will retire at the end of this year. Kenneth Mahon, Dime's president and chief operating officer, will succeed Palagiano, who will remain chairman.
Canadian Imperial Bank of Commerce in Toronto has agreed to buy PrivateBancorp in Chicago for $3.8 billion, finally giving the Canadian bank a meaningful retail presence in the United States.
First Midwest Bancorp in Itasca, Ill., has agreed to buy Standard Bancshares in Hickory Hills, Ill.
Dollar Bank in Pittsburgh has agreed to buy Bank @lantec in Virginia Beach.
A trio of banks will buy more than $1.4 billion in franchise loans from GE Capital.
Berkshire Hills Bancorp in Pittsfield, Mass., has agreed to buy First Choice Bank in Lawrenceville, N.J.