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The $528 million acquisition ends months of speculation that the foreign-owned banks were pursuing a deal.
December 1 -
Five years have passed since M&T agreed to buy Hudson City, only to be tripped up by anti-money-laundering issues. With a clean bill of health from regulators and Hudson integrated, management is again talking about its interest in deals.
December 1 -
The bank has taken a decisive step to protect its asset quality, but the move also raises questions about what will drive loan growth in the future — and whether the company is on the block.
November 29 -
For remaking East West Bank from a small savings institution into a $36.3 billion-asset player with a seat on the front lines of U.S.-China relations — all while churning out record earnings year after year — American Banker is recognizing Ng for being a "Consistent Performer" as part of our 2017 Banker of the Year awards.
November 28 -
The service will require more coordination between the bank and its parent company, BNP Paribas.
November 28 -
The pilot could help the agency improve its image after past criticism of slow responses to catastrophes.
November 28 -
A decision to slash the equity required for most change-in-ownership loans could help the small-business lending program top its recent record.
November 22 -
While technology will let many banks cut staff and reduce the size of branches, factors such as geography, customer demographics and strategic direction will ultimately shape the look and feel of future offices.
November 16 -
It’s good to be a business lender with a long contact list. Loan growth is weak and the talent pool has been shrinking, so banks big and small are paying top dollar to get an edge.
November 16 -
The differences in business model between commercial banks and universal banks should not be ignored as Congress works to recalibrate the regulatory regime.
November 16