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Talmer Bancorp has enough capital for M&A, though the large repurchase of stock from W.L. Ross might rule out a big acquisition for now.
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Credit unions' aggregate loan growth was nearly double that the rate of banks and thrifts in Q2.
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Iberiabank in Lafayette, La., has named Rick Pullum its Orlando, Fla., market president.
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MVB Financial in Fairmont, W.Va., has purchased two former Susquehanna Bank branches in West Virginia from BB&T.
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A breakdown of M&A announcements in the financial services industry for the week ended August 29.
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Three large U.K. banks have suffered recent payment glitches, including temporary outages at HSBC, Natwest and Royal Bank of Scotlandsuggesting existing bank payment systems are challenged to process digital transactions.
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Marketplace lenders seek to disrupt traditional financial services with online platforms that connect borrowers to investors. But in real estate, this burgeoning sector has taken an approach that seeks to coexist with, rather than supplant, the traditional mortgage market.
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A measure that would substantially cut the Federal Reserve's dividend payment to member banks is likely to prove difficult to remove from a Senate highway funding bill even though it has few public backers and many critics.
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Credit unions have until Oct. 30 to comment on proposed changes to the application process for receiving Community Development Financial Institutions Fund grants.
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Wells Fargo has named John C. Adams head of commercial banking, replacing Perry Pelos, who was promoted in July. Adams was head of commercial banking for Wells' western region, including northern California, Oregon, Washington and western Canada.
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