Cap Markets

The $701 million acquisition will make Union the biggest community bank based in Virginia.

The trend of putting ever-smaller pieces of the same commercial mortgages into multiple securitizations requires investors to be extra careful, and will inevitably make workouts of bad loans more complicated.

Financial Institutions in western New York withdrew plans to raise $40 million.

The former New Jersey mutual is stepping up efforts to court bigger commercial clients. The move will help Investors diversify its loan book and deploy capital while it is barred from buying banks.

Authorities are said to be investigating whether market makers — including three U.S. banks — suppressed prices to get higher yields on the bonds.

The $489 million acquisition is among the ten biggest bank M&A deals announced this year.

Federal regulators are early in the process of deciding whether to broaden credit unions' access to capital markets, but banking lobbyists have seen enough to argue that it would let credit unions skirt business-lending limits.

Restricting banking organizations’ lines of business would hurt their ability to compete in a constantly evolving financial system and to serve as sources of strength.

The comment period on NCUA's notice of proposed rulemaking on alternative capital ended last week, and judging by the letters, another battle is brewing.

Credit union executives offer their take on some of the easiest opportunities contained within NCUA's new member business lending rule.