Cap Markets

Almost half of systemically important financial institutions are trading in bear territory; bank is accused of overcharging customers for mortgage-backed securities.

The company will gain 10 branches and $145 million in loans after it buys Gideon Bancshares.

The company, which has completed eight acquisitions since 2015, agreed to buy City Bank and Trust in Oklahoma.

Nearly a third of the company's revenue will come from noninterest income after it buys SCB, which owns a large insurance and farmland management business.

Donegal Group and Donegal Mutual Insurance are selling the holding company for Union Community Bank in Lancaster County.

The Virginia bank has submitted the paperwork for Carolina State Bank, adding to the list of groups looking to open the state's first de novo since 2009.

Seacoast's deposits in the central Florida city will increase by 49% after it completes the $133 million acquisition.

The company will pay $114 million to gain 10 branches and $482 million in assets.

Banks are extending maturities and making loans to riskier credits to boost volume; banks cut their muni holdings as tax rates drop.

The OCC finds that Wells Fargo was not alone in its sales abuse practices (though it's not naming names); Fifth Third's Tim Spence is our Digital Banker of the Year; the CFPB acting director wipes out the agency's Consumer Advisory Board; and more from this week's most-read stories.