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David Provost will succeed David Ramaker as the Michigan company's CEO. Provost ran Talmer Bancorp, which Chemical bought last year.
June 21
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Oil prices are dropping again, but some lenders think now is the time to recommit to energy lending as long as they underwrite them a certain way for certain borrowers in certain regions.
June 20
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Byline Bancorp's decision to go public sends a message that it plans to dangle a more liquid stock in front of potential sellers. It also provides a way for certain shareholders to cash out.
June 20
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Current EVP Martin Bradley will take the helm on Sept. 1.
June 20
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With interest in these cross-industry deals growing, the CU credited with the first whole-bank acquisition is launching a CUSO to facilitate the process.
June 20
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India’s largest digital-payments company, Paytm, is seeking a license to set up a money market fund where users can store cash and earn interest, in competition with the country’s banks, according to a person familiar with the matter.
June 20
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Hike Messenger has become the latest to join India’s already busy digital-payments segment.
June 20 -
The offering would be a big milestone for Byline Bancorp, which was recapitalized in 2013 by a group led by former Banco Popular North America CEO Roberto Herencia.
June 19
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Beacon Community Bank seeks to become the first new bank in South Carolina in roughly a decade.
June 19
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Most small U.S. companies don't have the brand awareness in China to stand out among the millions of goods on Alibaba's websites. Alibaba is the virtual mall that houses the brands, but sellers are in charge of production and distribution with little clarity on the demand for their wares.
June 19
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Pinnacle Financial Partners closed in on $20 billion in assets by buying BNC. It now has to integrate the North Carolina bank, while finding ways to boost profit and adapt to increased regulatory burden.
June 16
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Having managed five credit unions even while serving as CEO of one, the 92-year-old is believed to have set a record for length of service.
June 16
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In the race between China’s two leading mobile wallets—Alibaba’s Alipay and Tencent’s WeChat Pay—to expand their users and merchants around the world, WeChat Pay is drawing even in Europe.
June 15
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Adding Community 1st Bank would help it expand in northern California.
June 15
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AloStar was formed in 2011 by an investor group that bought the failed Nexity Bank in Birmingham, Ala.
June 15
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Casey Crawford, head of the rapidly growing Movement Mortgage, recently recapitalized First State Bank in Danville, Va., with his own money.
June 14
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Amid a sharp rise in delinquencies, Signature may try to sell all or parts its $603 million taxi medallion loan portfolio.
June 14
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The city is booming thanks to its rising population, revitalized downtown and diverse economy, attracting bank buyers and de novo interest.
June 14
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Community One CU and Canton Police & Firemen's -- both located in Canton, Ohio -- will merge at the end of June.
June 14
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The Indiana company will pay $92 million for Wolverine Bancorp
June 14
