The economy is getting better, and banks are doing a better job of making money, but activist investors are still putting pressure on certain community banks. Here is an overview of banks that are facing proxy battles in coming months.
Tug-Of-War in Pennsylvania
PL Capital, upset that Metro Bancorp in Harrisburg, Pa., refuses to sell itself, nominated Richard Lashley, one of the firm's principals, and investment banking veteran William Houlihan as directors. PL Capital recently withdrew Houlihan's nomination after the SEC hit him with a cease-and-desist order tied to dealings with another company.