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Citigroup's made some strides after the battering its share price took last year, but it still trails JPMorgan Chase and Bank of America; chiefs at the top U.S. global banks own on average more than 15 times the amount of their own firm's stock than their European counterparts.
July 29 -
The conglomerate run by Warren Buffett has tried in the past to keep its holdings below the 10% threshold in order to avoid heightened regulatory scrutiny.
July 26 -
Christopher Myers will retire as president and chief executive of CVB next spring, and the California bank says it will hire a search firm to begin seeking his replacement.
July 19 -
Provident Bancorp, one of the nation's oldest active banks, is setting the stage to become a fully stock-owned company.
June 6 -
Northpointe Bancshares sold stock to an affiliate of Castle Creek Capital.
June 4 -
The former Barclays CEO turned bank investor said he sees more opportunity in smaller, newer banks.
June 4 -
Vernon Hill's U.K. bank sold $479 million of new stock and issued fresh details about its turnaround efforts. Those included plans to cease its controversial practice of purchasing design and branding services from a business owned by Hill's wife.
May 17 -
Meridian Corp. may have breached sales agreements after originating nearly $100 million in loans in a state where it lacked a license.
May 16 -
As Metro Bank’s problems mount, calls for Hill’s ouster as chairman are getting louder.
May 15 -
The London bank, founded by American entrepreneur Vernon Hill, has lost three-fourths of its market value since British regulators found that some of Metro’s mortgages were given the wrong risk weighting.
May 13