Robert Barba is the technology editor of American Banker. Robert previously served as deputy editor of American Banker's dealmaking and strategy section. He joined American Banker in late 2007 as a community banking reporter, just in time for the financial crisis. Robert played a lead role in covering community banks' struggle for survival in the years following the downturn. Robert has appeared on Fox Business to discuss bank failures and the Treasury Department's Troubled Asset Relief Program. Prior to joining American Banker, Robert was a general business reporter at Scripps Treasure Coast Newspapers in Stuart, Fla. He began his career as a business desk intern at The Denver Post and Boulder Daily Camera. Robert is based in New York.
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Ambassador, a broker-dealer and deal advisor, announced Thursday that it would acquire the operations of Capital Insight Partners. Jacob Eisen and Tad Gage, the co-founders of Capital Insight, are set to become managing directors of Ambassador.
September 20 -
Jackson Hewitt Technology Services is the latest tax preparer to end its partnership with Republic Bancorp, following the bank's decision to no longer offer refund-anticipation loans.
September 19 -
The Chicago-area company continues to make acquisitions in the Windy City, while other banks fret about a lack of targets. A key reason for CEO Edward Wehmer's success is his willingness to buy small banks, as opposed to swinging for the fences with one deal.
September 19 -
FirstMerit's deal for Citizens Republic in Michigan sent a message that acquisition prospects in Chicago are weaker than first thought — and deal forecasters back to the drawing board.
September 18 -
The Federal Reserve Board has lifted a written agreement with a Taiwanese company and its Los Angeles branch that stemmed from their Bank Secrecy Act compliance.
September 18 -
The Missouri Division of Finance closed the $282.3 million-asset Truman Bank in St. Louis on Friday. The Federal Deposit Insurance Corp. entered into an agreement with Simmons First National Bank in Pine Bluff, Ark., to buy the bank's assets and assume its $245.7 million in deposits.
September 14 -
Level One Bancorp in Farmington Hills, Mich., is applying its experience working on failed banks to buy and integrate one that is merely struggling. Patrick Fehring, the company's CEO, says that experience integrating failed banks has prepared Level One to buy the struggling Oxford Bank.
September 14 -
Oriental Financial Group in San Juan, Puerto Rico, is looking to raise $36 million of common equity.
September 14 -
Level One Bancorp in Farmington Hills, Mich., has found its next growth opportunity with a deal to buy a struggling 128-year-old bank.
September 13 -
Plans by National Bank Holdings and Capital Bank Financial to go public will create common stock that can supplement cash for open-bank acquisitions.
September 13 -
Republic Bancorp CEO Steve Trager sees a recent purchase of First Commercial Bank as an opportunity to grow in Minnesota, despite being 700 miles from Republic's Kentucky home.
September 11 -
Monarch Community Bancorp in Coldwater, Mich., is set to start trading its stock over the counter to cut costs.
September 10 -
Henderson Citizens Bancshares in Texas announced an acquisition that should push its assets above $1 billion.
September 10 -
The FDIC issued four consent orders against banks in July, after doling out three a month earlier. The agency used to hand out 10 or more a month.
September 7 -
Regulators lifted an enforcement action against Anchor Bank in Lacey, Wash., and replaced it with a softer one.
September 7 -
The American Bankers Association released its official slate of candidates who are set to take office at the group's annual convention next month.
September 6 -
Southwest Bancorp in Stillwater, Okla., has hired Mark W. Funke as its new president and CEO. Funke, who was a market president for Bank of Oklahoma, is expected to join Southwest Oct. 1.
September 5 -
Bank of Commerce of Redding, Calif., is selling its majority stake in a mortgage lending company, a move some industry observers say makes sense given a challenging regulatory environment.
September 4 -
Bank of Commerce Holdings in Redding, Calif., is selling its stake in its namesake mortgage company three years after becoming its co-owner.
August 31 -
Codorus Valley Bancorp (CVLY) is warning investors about higher credit costs a month before its third quarter will end.
August 31
