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The Federal Reserve Board has lifted a written agreement with Baylake Corp. that required the Sturgeon Bay, Wis., company to improve its asset quality and earnings.
June 13 -
The former chief executive of a failed Florida community bank has been sentenced to six years in prison for lying to regulators about the bank's condition.
June 13 -
A shareholder group that includes a former ECB director has urged directors of the Engelhard, N.C., company to remove Dwight Utz as president and chief executive.
June 12
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Privatebancorp (PVTB) in Chicago is in no rush to boost its dividend, preferring instead to use any excess capital to grow earning assets and invest in new products.
June 12 -
The California company announced the opening of its first full-service U.K. branch a day after a key British official lamented in a column that European banks lack the capacity to help the nation's businesses grow.
June 11 -
TriCo Bancshares (TCBK) of Chico, Calif., has named a former Countrywide Bank executive as its chief risk officer.
June 11 -
Continental Bank Holdings of Plymouth Meeting, Pa., has raised $16.5 million through a private placement.
June 11 -
The California company has a growing international operation due to its focus on venture capital and technology companies.
June 10 -
Regulators shuttered four banks Friday evening — totaling $676 million of assets — that combined are estimated to cost the Federal Deposit Insurance Corp. about $80 million.
June 8 -
Activist investor Joseph Stilwell has stepped up his campaign to oust the chief executive at First Financial Northwest (FFNW) in Renton, Wash.
June 8
