
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 Asian-American bank agreed to buy SWNB Bancorp for $77 million.
The Chicago company will close 19 branches and eliminate 150 jobs, partially reflecting changing customer preferences.
An effort to oust two directors at the Seattle company was nullified after the investor failed to seek the required approval from the bank's state regulator.
Citizens Bancshares has agreed to buy Regional Bankshares for $11 million.
The company said the move would help it become more efficient at a time when clients are making greater use of digital channels.
The nearly $5 billion deal to acquire MB Financial would provide the Cincinnati company with immediate scale in the Windy City.
Watermark Bank would focus on business banking and entrepreneurs, with technology and concierge services designed to target those customers.
When potential sellers are skittish, a merger pitch from a peer who’s been through it can make the difference.
KS Bancorp is buying back all the shares that First Citizens acquired in an effort to take over the much smaller bank.
The Massachusetts bank agreed to buy Fabri & Rourke, which focuses on commercial insurance products.