Retail & Commercial

Atlantic Capital Bancshares in Atlanta has agreed to sell seven branches in Tennessee in two separate deals.

Perhaps even more interesting than the blockchain project unveiled this week is how it came to be — and who is behind it.

De novo activity has remained at a trickle and the reason is investing in a new bank just isn't attractive as it used to be.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.

A car dealer and its financing arm will pay a $6.4 million fine to the Consumer Financial Protection Bureau for allegedly providing inaccurate information to credit reporting firms.

Hancock Holding in Gulfport, Miss., will increase its allowance for loan losses by $42 million to cover weakness in energy-related credits.

The $350 million-asset Pacific Commerce said in a press release Thursday that it will pay $10.50 a share in cash and stock for the $211 million-asset ProAmerica.

The $3.4 billion-asset holding company for Five Star Bank received a letter on Wednesday from Clover Partners' managing director, Johnny Guerry, saying management has made the wrong decision on two recent deals. Clover owns about 5.2% of Financial Institutions.

TriState Capital Holdings in Pittsburgh has agreed to buy asset management firm Killen Group in Berwyn, Pa., for between $30 million to $35 million in cash, based on conditions tied to the asset manager's cash flow.

FIS in Jacksonville, Fla., has partnered with the Venture Center to create an incubation lab to boost innovation in financial technology.