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Kevin Cummings, the New Jersey company's CEO, transformed Investors to sizable bank prior to its second-step conversion last May. With $2.2 billion in capital and an updated core system, Cummings has his sights on the company's next growth phase.
March 18 -
WSFS Financial in Wilmington, Del., has made a number of executive changes following the planned departure of its chief financial officer.
March 18 -
Financial Institutions Inc. in Warsaw, N.Y., has filed to sell up to $100 million in debt and equity.
March 17 -
Kearny Financial in Fairfield, N.J., is moving ahead with its second-step conversion after getting approval from the Federal Reserve Board.
March 16 -
First Republic Bank in San Francisco is planning to raise more than $200 million in a public offering.
March 13 -
Lucrative sale of a subprime lending unit. Big credit card deal. Clear business plan. It's looking like a good year for Citi provided it passes the CCAR stress test this week and fills a key executive post.
March 10 -
The Federal Reserve and JPMorgan Chase were far apart last week in how much revenue the company would be making after the kind of economic shock envisioned in the Dodd-Frank stress test. The gap has JPM observers cautiously awaiting the results of this week's CCAR test.
March 9 -
Eagle Bancorp in Bethesda, Md., is looking to raise funds to exit the Small Business Lending Fund.
March 2 -
U.S. Century Bank inDoral, Fla., has received regulatory approval for its plan to raise $65 million in capital, according to a news report.
February 24 -
Talmer Bancorp in Troy, Mich., has paid billionaire backer Wilbur Ross $20 million to redeem warrants he has held in the company for several years.
February 19 -
WASHINGTON Federal bank regulators made a tool available on Wednesday to help banks calculate capital requirements for securitization exposures.
February 11 -
The Puerto Rican bank faces a deadline to raise capital or sell itself. With recapitalization a challenging prospect, here's a look at how other scenarios could play out.
February 9 -
Grand River Commerce in Grandville, Mich., has raised $10.7 million through a private placement.
February 9 -
Banco Santander's stock market value plummeted after it announced an $8.8 billion capital raise and dividend cuts in January. The experience serves as a reminder to bank directors that the interests of investors cannot remain forever on the back burner.
February 6
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Online marketplace lender CommonBond has announced that Nelnet, an education planning and financing company, has agreed to finance at least $150 million of CommonBond's annual loan volume.
February 5 -
Two community banks on Tuesday disclosed plans to raise capital by selling subordinated debt.
February 3 -
Revising the current control rules could give banks access to more capital from private equity, hedge funds and other institutional investors.
February 2
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BB&T plans to add more than $20 billion in assets this year through three pending acquisitions. Management, which believes it should have no problem getting its deals approved, has started to improve how it monitors its liquidity capital ratio before new thresholds kick in.
January 22 -
A Wall Street lobbying group said President Barack Obama's plan to raise $110 billion over the next decade through a new tax on financial companies could stifle economic growth and make banks less likely to lend.
January 20 -
Doral Financial in San Juan, Puerto Rico, disclosed in a regulatory filing Thursday that it sold about $181 million of loans to WOMF REV at a slight premium.
January 16





