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FVCBancorp will use part of the proceeds to help pay for its pending acquisition of Colombo Bank.
August 21 -
The Securities and Exchange Commission moved to require states and local governments to disclose bank loans and privately placed debt, seeking to address concerns that bondholders are being left in the dark about a fast-growing segment of public finance.
August 20 -
New investor appetite for mortgages over $1 million is motivating more nonbank lenders to offer super jumbo loans, often with weaker credit terms than traditional banks.
August 20 -
Farmers & Merchants will pay $89 million for the parent of Bank of Geneva.
August 20 -
The Oakland bank has raised $25 million through a private placement of common stock.
August 17 -
The first meeting is structured like a job interview. After that, organizers should expect plenty of questions about money, management and markets.
August 17 -
Jacobs Asset Management, which expressed frustration over a slow turnaround at MidSouth, said it could launch a proxy battle at next year's annual meeting.
August 17 -
Ratings firms and mutual funds are seeing greater value in community banks because of their simplicity and local connections.
August 16 -
The investors initially won the right to sue as a group in 2015 before an appeals court reversed the ruling; the $13 billion lawsuit can now proceed as a class action.
August 15 -
Organizers of Piermont Bank said in their application with the FDIC that they want to raise $100 million and eventually operate in several urban coastal communities.
August 14