Community banking
Community banking
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The Dodd-Frank Act and other financial regulations enacted in the wake of the financial crisis have made banking a "worse place" by adding unwieldy and unnecessary restrictions on big banks, says Dick Bove. The longtime bank analyst also points a finger at regulators for failing to adequately enforce existing regulations in the lead-up to the crisis, a point he discusses at length, while defending big banks, in a new book.
January 9 - California
Neighborhood National Bank in San Diego has named a former leader of Regents Bank as its president and chief executive.
January 9 -
Coastway Bancorp in Cranston, R.I., is planning to raise roughly $48.3 million in its conversion to a 100% stock-owned company.
January 9 -
Zombie companies have survived on the loose monetary policy of the past few years, designed to help at-risk businesses stay afloat and keep people employed in the wake of the financial crisis. But forthcoming changes will make it hard for these firms to repay their debt.
January 9 -
BancorpSouth (BXS) in Tupelo, Miss., has agreed to buy Ouachita Bancshares in Monroe, La.
January 9 -
Southern National Bancorp of Virginia (SONA) in McLean has agreed to buy Prince George's Federal Savings Bank in Upper Marlboro, Md.
January 8 -
BBVA Compass is cutting between 400 and 600 jobs in its banking and real-estate-lending divisions.
January 8 -
Mortgage lenders are eager to make home loans this year -- but consumers may be more hesitant to borrow.
January 8 -
Big banks stepped up small business lending at the end of 2013, according to the Biz2Credit Small Business Lending Index released Wednesday.
January 8 -
As more community banks look at working with alternative lenders, they must be mindful of the regulatory and reputational risk that can occur if they make a bad referral.
January 8 -
Some banks in downsizing mode are subleasing branches that are too large. Advocates say subleasing can help banks avoid selling branches for cheap; others warns about the cost-benefit of retrofitting a building.
January 8 -
The new year will bring an end to big regulatory settlements with banks, a sharp drop-off in the number of branches across the industry, increased use of biometric technology and a breakthrough in banks' use of big data. American Banker editors discuss these and other predictions for the year ahead in banking.
January 8 -
First Niagara Financial Group (FNFG) in Buffalo, N.Y., is laying off employees and shutting down branches as it seeks to retool its retail operations.
January 8 -
TriState Capital (TSC) in Pittsburgh has agreed to buy Chartwell Investment Partners, an investment management firm in Berwyn, Pa.
January 8 -
Old National Bancorp (ONB) in Evansville, Ind., has agreed to buy United Bancorp (UBMI) in Ann Arbor, Mich.
January 8 -
A plan to inject $50 million into U.S. Century Bank has reportedly been called off, leaving the undercapitalized Doral, Fla., bank in limbo.
January 7 -
Peapack-Gladstone Financial (PGC) in Bedminster, N.J., has hired a president of private wealth management.
January 7 -
The Minneapolis bank's agreement to buy 94 RBS-owned branches in Chicago is the biggest deal that a big bank has pursued in awhile, and observers will watch the approval process closely for any signs that regulators are warming to the idea of acquisitions by large banks.
January 7 -
Mobile banking services hold serious sway over small business owners, according to a new study.
January 7 -
Pioneer Financial Services in Kansas City, Mo., has appointed Joe Freeman chief executive.
January 7






