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Returns on equity. Loans. Deposits. Those are the things that make a seller attractive — not trading multiples and capital, says Prosperity Bancshares CEO David Zalman, who has struck five deals in Texas in slightly more than a year.
October 1 -
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Although American Express received lighter fines than the two previous credit card players targeted by the Consumer Financial Protection Bureau, many believe the CFPB’s third enforcement action is its biggest statement yet.
October 1 -
Although American Express received lighter fines than the two previous credit card players targeted by the Consumer Financial Protection Bureau, many believe the CFPB's third enforcement action is its biggest statement yet.
October 1 -
Bank of America, as part of the national robo-signing settlement, is offering to wipe out 150,000 severely delinquent seconds liens for select customers.
October 1 -
Summit Bank & Trust in Broomfield, Colo., has hired R. John Rhoades as its president and chief executive.
October 1 -
The Securities and Exchange Commission agreed to accept the settlement and forego any appeals after a California judge effectively gutted the government's case.
October 1 -
Prosecutors charged three men with taking part in a $100 million fraud involving the former chief executive officer of Manhattan's Park Avenue Bank, who pleaded guilty in 2010 to lying to regulators and embezzling funds.
October 1 -
The battle over interchange fees moves to its next phase Tuesday when a federal judge hears complaints from merchants that the Federal Reserve's cap on the fees not go far enough.
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