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Ed Skyler, the bank's global head of public affairs, says a newly established $150 million fund will make equity investments in firms seen as having a positive impact on society.February 10
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Organizers of Triad Business Bank have raised enough capital and have received approval from the FDIC.February 5
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The Mississippi company will pay $49 million for Traders & Farmers Bancshares.February 5
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Anticipating a weaker economy and added pressure on stock prices, banks authorized more repurchases of outstanding shares last year.February 5
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The regulator said the investment bank and financial services company will help in the process of strengthening Fannie Mae and Freddie Mac’s capital standing for their eventual exit from conservatorship.February 3
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The California company will pay $1 billion for Opus, a once highflying bank that struggled with credit issues in recent years.February 3
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Kenneth Lehman, a former banking attorney who acquires large stakes in small banks, will buy BankFlorida, which lost $555,000 through the first nine months of 2019.January 30
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The new regulation aims to standardize the process for determining if those owning less than a quarter of a bank must comply with holding company requirements.January 30
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In another rollback of the bank trading ban, the federal agencies unveiled a plan to allow financial institutions to invest in multiple companies through certain fund structures.January 30
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CenterState and South State are the latest regionals to announce a deal driven heavily by the need to compete with larger banks that can afford to spend more on cutting-edge technologies.January 27
