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With flooding in a big portion of its market, Iberiabank executives detail how technology is helping it stay open for business in a way that could not have happened a decade ago.
August 24 -
Months after advocating for a blockbuster sale of Comerica, Hudson Executive Capital has slashed its stake in the company, as chatter about a potential deal has fizzled. Still, the firm is credited with pushing the struggling regional bank to adopt a surprisingly aggressive turnaround plan.
August 24 -
Union Bankshares in Richmond, Va., said Wednesday that John Asbury, formerly of First National Bank of Santa Fe in New Mexico, will be its next CEO.
August 24 -
Medallion Financial, trying to diversify beyond its traditional business of financing taxi drivers, plans to issue loans on behalf of web-based lenders. But that new strategy faces some potential pitfalls.
August 24 -
The Bancorp in Wilmington, Del., has sold a loan portfolio as part of its effort to reduce the size of its discontinued commercial loan book.
August 24 -
The $13.1 billion-asset parent company of PlainsCapital Bank named William Furr CFO, effective Sept. 1.
August 24 - Delaware
Several lenders are attempting to recover a combined total of nearly $500 million from the estate of the deceased chief executive of an Oklahoma energy company.
August 24 -
Royal Bank of Canada beat analysts' estimates for the fiscal third quarter as its City National purchase in the U.S. bolstered wealth management and capital markets earnings surged. Canada's largest lender raised its dividend 2.5% to 83 cents a share.
August 24 -
First Defiance Financial in Defiance, Ohio, has agreed to pay $63 million for Commercial Bancshares, the $342 million-asset parent of Commercial Savings Bank.
August 24 -
Santander Consumer USA Holdings again delayed its second-quarter results and financial statement due to ongoing discussions with federal regulators about accounting issues.
August 23 -
United Bankshares in West Virginia has quietly become a $14 billion-asset player in its region thanks to the M&A strategy of its highly respected leader, Richard Adams, who has a way of establishing a rapport with community bank chiefs. One recent seller is a repeat customer.
August 23 -
Southern First Bank in Greenville, S.C., and Five Star Bank in Warsaw, N.Y., are entering new markets.
August 23 - Georgia
The latest lending figures show just how prodigious banks' shift from construction to C&I loans has been since the crisis. Yet a hard look at C&I credits, especially their loss rates, raises questions about whether they are safer.
August 23 -
Howard Bank in Ellicott City, Md., has recruited a trio of BB&T executives to grow its commercial business.
August 22 -
The holding company for Tennessee's FirstBank plans to hold an initial public offering, in order to make more than $65 million in distributions and debt repayments to its chairman.
August 22 -
The Bancorp in Wilmington, Del., disclosed the identities of directors nominated to its board by two investor groups.
August 22 -
The chairman of First National Bank of Santa Fe has accepted additional duties ahead of the bank's upcoming merger.
August 19 - California
The longtime chairman and chief executive of Cathay General Bancorp will relinquish his CEO title this fall and the company's bank president is set to succeed him.
August 19 -
Previous natural disasters in the Gulf region have taught banks like MidSouth, Regions and Hancock how to swing into action to help customers and manage sudden risks.
August 18 -
Citizens Community Bancorp in Eau Claire, Wis., said it plans to close four branches in Walmart stores in mid-November.
August 18









