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The French company's stake in First Hawaiian will fall to about a third after the secondary offer is completed, and First Hawaiian will buy some of the shares.
July 30
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The California company also benefited from higher interest rates and double-digit loan growth.
July 26
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First Hawaiian, which is currently being spun off from BNP Paribas, has hired Ravi Mallela as chief financial officer.
July 26
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John Turner, who became CEO of the Alabama company this month, has promoted John Owen to COO. Its Turner’s second executive appointment this week.
July 26
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The San Antonio company also kept a lid on expenses in the second quarter, further boosting its bottom line.
July 26
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The North Carolina regional will pay $30 million for the much-smaller Palmetto Heritage Bancshares.
July 26
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The Ohio company said low unemployment is keeping business clients from expanding, while higher asking prices are forcing it to avoid bank acquisitions.
July 25
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Prosperity Bancshares in Houston said that its earnings increased 19% from a year earlier as its efficiency ratio rose.
July 25
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Vipin Gupta, who was chief information officer at Key Community Bank, will oversee strategy for information technology at Toyota Financial Services.
July 25
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BankUnited in Miami Lakes, Fla., said that second-quarter earnings rose 36% as average loan and investment securities balances increased.
July 24
