Cap Markets

Big bank mergers have historically been a catalyst for startups. Experts say it could happen again.

Loyal Trust Bank will have a large number of Asian-American investors and board members.

The rewards card offered by the fintech Stash will let users accumulate stock of companies at which they frequently shop. The company said Tuesday that it has raised $65 million from investors and will offer the card in partnership with Green Dot.

Mark Calabria, who could be confirmed as early as this month, is expected to focus on changes to Fannie Mae and Freddie Mac’s conservatorships to let the mortgage giants keep more of their profits.

After converting to a mutual savings bank in 2013, the former CU is set to become a fully stock-owned company.

The Mississippi company will pay more than $200 million for the parent companies of Texas Star Bank and Summit Bank.

Several megabanks have sued the National Credit Union Administration claiming breach of settlement in a previous case related to mortgage-backed securities, but trends may favor the agency.

The former credit union will shed its mutual status when it becomes a fully stock-owned company.

Gulf Atlantic Bank would be the eighth bank in the market, and just the second with local ownership.

Several groups have gone public with plans to start a bank since the state enacted a law to make it easier, but none have actually filed with the FDIC.