M&A
M&A
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PHH is selling its remaining residential mortgage servicing portfolio to the real estate investment trust New Residential.
December 29 -
Dime Community Bancshares in Brooklyn, N.Y., will record a one-time charge after approving changes to its employee stock ownership plan.
December 29 -
Daryl Tressler will retire as president and CEO of MainSource Bank in Greensburg, Ind., at the end of this year.
December 29 -
Bank of Montreal's Bill Downe, the longest serving chief executive officer among Canada's biggest lenders, said he has no immediate plans for retirement even after a management shuffle at the company.
December 29 -
Green Bancorp's aggressive plan to attack its credit quality troubles and do what few Texas banks once would have dreamed of quit energy lending make it a subject of debate and a community bank to watch closely in 2017.
December 29 -
Chemical CEO David Ramaker has a wide range of options diversify business lines, expand organically in several Midwestern states, pursue M&A or all of the above following his recent acquisition of Talmer. But new challenges accompany Chemical's higher profile, too.
December 28 -
As the banking environment demands a different skill set for those operating leaner branch networks, institutions should look at tellers as a longer-term human resource with growth potential.
December 28 -
Opus Bank completed a $509 million securitization of its multifamily loans through a Freddie Mac-sponsored "Q-deal" risk-transfer securitization, the company announced Tuesday.
December 27 -
Get out of the red six months from now. That is Fred Viaud's goal for Glen Rock Savings Bank in New Jersey, which on Tuesday said he would be promoted to president and CEO next week.
December 27 -
Deutsche Bank AG will have to clear a lower capital hurdle next year, joining other European lenders who are benefiting from a change in how the European Central Bank sets the requirements.
December 27 -
The Treasury Department has significantly reduced its stake in Broadway Financial in Los Angeles.
December 23 -
Dime Community Bancshares in Brooklyn, N.Y., said Friday that it has promoted Roberto Volino to chief operating officer.
December 23 -
Stephen Gordon has long been known as an entrepreneurial banker, which helped him expand his California bank aggressively over a five-year period. A spike in chargeoffs that led to a third-quarter loss spurred Gordon to beef up credit oversight. The question is whether that effort will stymie loan growth.
December 23 -
Highlands Bancorp in Vernon, N.J., has raised $8.5 million through a sale of common stock.
December 23 -
American Banker predicted these five bankers would make news. Several delivered, mostly with small, strategic deals and finding ways to make money in spite of challenging conditions.
December 23 -
Add Investar Holding in Baton Rouge, La., to the growing list of community banks filing shelf registrations.
December 23 -
From the election's policy implications for banking to deep analysis of the Wells Fargo scandal, here are some of our favorite stories of the year. Stay tuned for Part II.
December 23 -
The similarities between the mortgage crisis and subprime auto lending in 2016 are all too obvious, with constrained cash flows, defaults and investor losses all likely.
December 23 -
Sussex Bancorp in Rockaway, N.J., has raised $15 million by selling fixed- to floating-rate subordinated notes to an institutional investor. It did not name the investor.
December 22 -
Regulators have warned about the dangers of high commercial real estate concentrations despite bankers' assertions that they are managing risk better than they did before the financial crisis. Still, CRE concerns could influence M&A and loan diversification in 2017.
December 22





