M&A
M&A
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The $24.4 billion-asset company reported a $50 million profit in the second quarter, up 2% from the first quarter.
July 20 -
BancorpSouth in Tupelo, Miss., reported weaker quarterly profit after boosting its loan-loss provision and recording lower fee income.
July 20 -
Arbor Bancorp in Ann Arbor, Mich., has agreed to buy Birmingham Bloomfield Bancshares in Michigan.
July 20 -
American Express Co., the biggest U.S credit-card issuer by purchases, said second-quarter profit rose 37 percent as customers increased spending and the company booked a $1 billion gain from the sale of its Costco Wholesale Corp. portfolio.
July 20 -
BankUnited in Miami Lakes, Fla., on Wednesday reported higher quarterly profits, driven in part by an uptick in fee income from equipment-lease financing.
July 20 -
Establishing a set of standards of practice for chief risk officers and others would help benchmark the quality control for managing risk in the financial services industry.
July 20 -
Panic around energy lending has subsided somewhat as oil prices have climbed and banks have reduced their overall exposure. But expect more trouble ahead if prices level off.
July 19 -
The investment banking firm's GS Bank unit has added a large number of consumer deposits since spring, but its success hasn't been cheap.
July 19 -
Profit improved at both BBCN Bancorp and Wilshire Bancorp in the second quarter, about two weeks ahead of the closing date for the Los Angeles companies' merger.
July 19 -
The three custody banks had been projected to post weak second-quarter results because of a lull in foreign exchange trading. Then Brexit happened, and everything changed.
July 19 -
H. Rodgin Cohen has just about seen it all over his decades of work advising bankers. The well-known lawyer looks at existing issues for banks while reflecting on past mergers that paid off for their participants.
July 19 - Hawaii
Hawaiian Electric Industries has nixed a plan to spin off its American Savings Bank subsidiary after utility regulators rejected Hawaiian Electrics sale to an out-of-state energy company.
July 19 -
Synovus Financial in Columbus, Ga., reported higher second-quarter earnings on solid growth in revenue and loans for investment properties.
July 19 -
Over the past two years, regulators have issued several proposals as part of efforts to make capital rules simpler, but the initiative should be more streamlined and allow more public input.
July 19 -
The best way to navigate through a rough patch is to proactively communicate with employees, says Mariner Kemper, chairman and chief executive of UMB Financial in Kansas City, Mo., which last fall overhauled its executive team and announced a major initiative to control costs.
July 19 -
Mortgage originations typically surge in a low-rate environment. Second-quarter reports should show an uptick in fees from selling those loans, but what will bankers say about the rest of this year?
July 18 -
Valley View Bancshares in Overland Park, Kan., is planning to replace its longstanding practice of having multiple bank charters.
July 18 -
Citigroup executives were at pains to explain the benefits and challenges of a new partnership with Costco that has netted the bank millions of new credit card customers but also added to its cost burden in the second quarter.
July 15 -
It's liable to be an uphill climb as banks try to boost revenue and hold profit steady over the rest of the year. Here's why.
July 15 -
Risk management is not limited to assessing potential successes and failures of everyday business. Strategic risk management is just as important.
July 15







