
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.
Perseverance and commitment are two requirements to get more minority bankers into senior leadership positions.
The Alabama-based credit union will gain three locations, along with $138 million in loans, as part of a deal with Georgia-based Synovus Financial.
Jefferson Financial Federal Credit Union will gain three locations, along with $138 million in loans, as part of the transaction.
Fiserv will buy the business, once known as Elan ATM and Debit Processing, for $690 million.
Seven other banks passed on a chance to bid on FCB Financial, perhaps showing the small pool of large buyers eager to make a big commitment to the Sunshine State.
Senior managers at selling banks often get big payouts and move on. But some decide (or are allowed) to stay and can make major contributions. Here are examples of execs who famously became difference makers after sticking around, or of keepers from recent deals who could have a big impact.
A sluggish business climate and few M&A opportunities freed up midsize banks to invest in better tech systems and services, says Regions Chairman Grayson Hall.
Washington Federal in Seattle allowed Anchor Bancorp to find another buyer after BSA issues forced it to withdraw its merger application.
The company will pay $142 million for Carolina Alliance Bank three months after buying NewDominion in Charlotte, N.C.
The Los Angeles company will also gain its first branches in Nevada after completing the $467 million acquisition.