M&A
M&A
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Zions Bancorporation's (ZION) repayment of half of its funds from the Troubled Asset Relief Program tamped down earnings in the first quarter, but its core results still handily beat expectations.
April 23 -
The executives of United Western Bank filed a motion for summary judgment that also spares no criticism of how the OTS handled the Denver thrift's failure in early 2011. The motion claims that the now-defunct regulator closed the thrift despite evidence that management had just raised $200 million in life-saving capital.
April 23 -
A coalition of activists, clergymen, union advocates and residents from across the country is planning to hold a large demonstration at the Wells Fargo annual meeting on Tuesday.
April 23 -
Buyers and sellers still cannot agree on price, the heads of six acquisition-minded banks said in first-quarter earnings calls.
April 23 -
A number of banks are asking shareholders to convert preferred shares to common stock to lift tangible common equity ratios.
April 23 -
Shareholders of SunTrust, BB&T and PNC will vote on say on pay, quiz executives on future plans.
April 23 -
Just days after telling investors and analysts that it is eyeing acquisitions of banks or asset management firms, City National Bank in Los Angeles has announced that it is buying...an equipment leasing company.
April 23 -
Federal regulators ended a three-week hiatus by shuttering a small New Jersey thrift on Friday.
April 20 -
Republic Bancorp booked a $28 million bargain purchase gain on its purchase of the failed Tennessee Commerce Bank. The company is now looking for other deals as it searches for ways to augment revenues it will lose from ending a controversial tax.
April 20 -
Capital One and American Express posted strong gains in the first quarter. But they will need to keep an eye on cost containment to keep that momentum going.
April 20 -
Revolving credit lines hit their lowest point in two years in the first quarter. The decline underscored that competing forms of financing have become more affordable.
April 20 -
Glacier Bancorp (GBCI) in Kalispell, Mont., is off to a strong start in 2012 and its chief executive is optimistic that its performance will only improve as the company streamlines its operating structure and continues to shed problem assets.
April 20 - PSO content
Capital One Financial Corp. set aside an additional $75 million in its reserve in the first quarter, saying some of its salespeople did not adhere to its practices in trying to sell additional products to credit card customers.
April 20 -
City National (CYN) in Los Angeles is eyeing acquisitions of both banks and asset management firms and its chief executive has no preference for one over the other.
April 20 -
Capital One Financial Corp.'s (COF) first-quarter profit rose 38% as an acquisition-related bargain purchase gain boosted the bank's bottom-line results and net charge-offs improved.
April 19 -
Before the financial crisis, having a 1% ratio of nonperforming assets to total assets was the baseline between good and bad banks. In the new normal, breaking that glass bottom appears to be the new goal for greatness.
April 19 - Louisiana
One of the most aggressive bank acquirers in the Southeast has brought in a longtime community banker to help it identify future deals.
April 19 -
First Niagara Financial Group's (FNFG) first-quarter profit rose, as the bank boosted its commercial lending and picked up more checking account customers.
April 19 -
Fifth Third Bancorp's (FITB) first-quarter earnings jumped 62% as results got a boost from the regional lender's gains on the initial public offering of Vantiv Inc. (VNTV) and an improved credit environment.
April 19 -
New York Community Bancorp Inc. on Wednesday posted a 76% first-quarter jump in mortgage banking revenue from a year earlier, as the bank saw robust growth in multi-family and commercial real estate loans.
April 18







