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A trio of activist investors is targeting big U.S. financial institutions in 2017, demanding they disclose compensation data for men and women, and publish statistics about the race and gender of their employees.
December 6 - Vermont
The $9 billion-asset company said in a press release Monday that it bought the business assets of Ronald N. Lazzaro in Rutland, Vt., a financial planning an investment services firm.
December 5 -
Three fund managers and two advisory firms have soured on PrivateBancorp's planned sale to CIBC, raising the possibility that investors could nix the deal. What would happen next is anyone's guess.
December 5 -
Union Bankshares in Richmond, Va., has sold $150 million in subordinated notes. The $8.2 billion-asset company said in a press release Monday that the notes will initially bear an annual fixed interest rate of 5%.
December 5 -
Nearly a decade after he was forced to resign as CEO of Commerce Bank in Cherry Hill, N.J., the retail banking innovator was named chairman at Republic First Bancorp, which has adopted many of Commerce's practices.
December 5 -
Pinnacle Bank in Gilroy, Calif., is looking to raise about $3 million through a rights offering.
December 5 - New York
Community Bank System in DeWitt, N.Y., has agreed to buy Northeast Retirement Services in Woburn, Mass.
December 5 -
Kevin S. Kim thought he was joining a bank board to bring youth to an aging slate of directors. Eight years, four acquisitions and a banking crisis later, he is now the chief executive of the nation's largest Korean-American bank.
December 4 -
Fentura Financial in Fenton, Mich., is the latest banking company to outline plans to sell common stock.
December 2 -
The Music City is booming because of entertainment and health care. Still, banks are monitoring growth in areas such as real estate development for signs of stress.
December 2 -
Carlyle Group has liquidated its remaining stake in Brand Group Holdings in Lawrenceville, Ga.
December 2 -
Iberiabank in Lafayette, La., is planning to raise at least $255 million from a common stock offering.
December 2 -
Radius Bank in Boston has bought a national equipment finance business from NewStar Financial in Boston.
December 2 -
Unity Bancorp in Clinton, N.J., has a deal in place to sell $15 million in common stock over time.
December 2 -
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.
December 1 -
First Colebrook Bancorp in Colebrook, N.H., has raised $5 million to exit the Small Business Lending Fund.
December 1 -
Needham Bank in Massachusetts has hired a banking veteran as its next chief executive.
December 1 -
The billionaire investor will soon step down from the New Jersey company's board as he prepares to become Commerce secretary. The appointment, however, shouldn't force any changes in his firm's holdings or its investment in the banking sector.
December 1 -
A pair of First BanCorp's biggest investors will partially liquidate holdings in the San Juan, Puerto Rico, company.
December 1 -
Horizon Bancorp in Michigan City, Ind., has restructured its balance sheet to improve its margins and financial returns.
December 1





