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Big banks once again widened their lead in deposits, according to the FDIC's yearly survey. Community banks lost ground nationwide, but they held their own in small cities and rural areas. Plus, small banks slowed deposit-gathering because they're already too liquid.
October 3
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The price of Bitcoins listed on the Bitstamp Ltd. exchange plunged as much as 33 percent after charges were unsealed for the operator of an online marketplace for drugs and other illicit goods.
October 3 -
WSFS Financial (WSFS) recently launched its fifth annual pet photo contest. Customers and others submit snapshots of their furry friends, like this one last year from Courtney Heal in Newark, Del., of Bruno, an 8-month-old Great Dane, and his playmate, 22-month old Braedon.
October 3
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The monitor of the national mortgage settlement plans to force the five largest servicers to fix billing and communications problems that have plagued homeowners and been the subject of tens of thousands of complaints.
October 3 -
Southwest Bancorp is merging its banks in Kansas, Oklahoma and Texas into one national charter under the new name Bank SNB.
October 3 -
Some areas of the country are enjoying hot bank-deal markets while others are stone cold-including some over-banked ones. Robert Barba, American Banker's Chicago-based M&A reporter, explains what's behind the numbers.
October 3
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Franklin Synergy Bank in Franklin, Tenn., is planning to raise money from institutional investors as a prelude to a public offering.
October 3 -
TotalBank in Miami, Fla., has given President Luis de la Aguilera the additional job of chief executive.
October 3 -
JPMorgan Chase (JPM) has hired the head of a nonprofit that promotes business in developing countries to lead its charitable programs.
October 2 -
The $126 million-asset company expects to be eligible to deregister because its common stock has fewer than 300 shareholders, according a filing Wednesday with the Securities and Exchange Commission.
October 2
