Cap Markets

Organizers want to open the first new bank in Michigan since 2009, while a third group in Florida has filed a de novo application.

Nonbanks are originating more commercial mortgages on fixer-uppers in response to a sharp drop in the cost of funding in the securitization market. These deals are said to be "vastly different" than other CRE instruments that sustained big losses in the crisis — so far.

Independent Bank Group said the firms had become shareholders after it bought Carlile Bancshares last year.

A decade after buying Bear Stearns, JPMorgan has maintained its revenue from fixed-income trading while many rivals saw theirs slip.

First the House and now the Senate have included provisions in their regulatory relief bills that bankers say would go a long way toward clearing up confusion over how to treat high-volatility commercial real estate loans.

Park National, which came to regret its acquisition of a Florida bank just before the financial crisis, took more than a year to vet NewDominion before making an offer.

The company's deal for Coastway Bancorp in Rhode Island makes sense since both institutions are former credit unions.

Organizers in Winston-Salem are planning to raise at least $25 million to form Community Bank of the Carolinas.

A mortgage program created by a 2015 partnership between the Federal Home Loan Bank of Chicago and Ginnie Mae has securitized over $1 billion in government-backed mortgages, the partnership announced.

The company has agreed to buy United Community Bancorp. With the $114 million deal it would add five branches in the Cincinnati area.