- Texas
High-ranking executives at First Horizon National, Comerica and U.S. Bancorp said they're on the prowl for failed-bank deals that could extend them into new markets or make them stronger in places where they already have a presence.
December 9 -
Bank of Miami said Wednesday that it has gained more than $11 million of capital this quarter. The $608 million-asset bank in Coral Gables, Fla., said it sold $2.5 million of trust-preferred securities in a private placement with its shareholders and realized a $9 million tax benefit.
December 9 -
MB Financial Inc. in Chicago said it has approved large salary increases for its two highest-paid employees, because as a participant in the Troubled Asset Relief Program it cannot continue to pay them bonuses.
December 8 -
Starting Jan. 1 institutions that are less than well-capitalized must comply with new restrictions on deposit rates. They will not be allowed to pay more than 75 basis points over a national average calculated by the Federal Deposit Insurance Corp.
December 8 -
On Tuesday, the $1.5 billion-asset company filed a registration statement that would allow it to raise up to $20 million by extending rights to its shareholders to buy new common shares.
December 8 - Texas
For Vikram Pandit, Tuesday will provide a momentary break from the harsh spotlight steadily focused on Citigroup Inc., and a chance to turn the focus to his institution's less traditional lending efforts in underserved communities.
December 8 -
First Niagara Financial Group will lend up to $50 million as part of a recapitalization plan that will make Harleysville National Corp. and its bank subsidiary well-capitalized.
December 8 -
A month after announcing plans to raise $20 million, Emclaire Financial Corp. in Emlenton, Pa., has called off its stock offering.
December 7 -
Midwest Banc Holdings Inc. is the second company in less than a week to suggest there could be some government relief forthcoming for those that received funds through the Troubled Asset Relief Program, but are now struggling.
December 7 -
Less than a week after its parent's bankruptcy filing, Cleveland-based AmTrust Bank failed Friday at a cost of $2 billion to the government.
December 4 -
Less than a week after its parent's bankruptcy filing, Cleveland-based AmTrust Bank failed Friday at a cost of $2 billion to the government.
December 4 -
Though the market for trust-preferred securities remains strained, the warm reception for an offering from City National Corp. is expected to persuade others to consider this option for a capital boost.
December 4 -
Though the market for trust-preferred securities remains strained, the warm reception for an offering from City National Corp. is expected to persuade others to consider this option for a capital boost.
December 4 -
A fresh shot of capital has moved Mercantile Bancorp Inc.'s Florida unit back into regulators' good graces.
December 3 -
Anchor BanCorp Wisconsin has been tossed a private-equity life ring, but the company must persuade one of its lenders and the Treasury Department to help reel it in.
December 2 -
Shares of Center Financial Corp. rose Wednesday after the Los Angeles company said that it raised $12.8 million of capital.
December 2 -
The parent company of AmTrust Bank filed for bankruptcy protection Monday, casting doubt on the future of the Cleveland bank's more than 60 branches.
December 2 -
The Federal Reserve is ordering Bank of Illinois in Normal to raise its capital ratios.
December 2 -
Sunwest Bank had some explaining to do after it pulled away from construction lending about five years ago. Now the Tustin, Calif., company's patience is paying off.
December 1 -
American River Bankshares in Sacramento announced Monday that it has begun a stock offering to raise up to $25.3 million.
November 30




