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Bill Davidson, who heads the company's U.S. technology banking team, will oversee the global expansion efforts.
June 11 -
The Atlanta bank had previously failed compliance metrics in five straight quarters before passing them last year, according to the settlement's monitor.
June 6 -
Umpqua Bank has hired veteran lender Tom Farrell to help it grow its homebuilder finance group in California.
June 5 -
Here's a look at eight deals, why they were significant and why many more are expected.
June 3 -
Financial institutions have spent time and money to try to make their branches and digital services more accessible, but Fifth Third and TD Bank are among employers working with the nonprofit Project SEARCH to meet an overlooked need: finding jobs for young people with autism and other cognitive challenges.
June 1 -
As other banks de-emphasize mortgage lending, Citizens is spending half a billion dollars to buy a large originator with a big servicing portfolio.
May 31 -
The Rhode Island regional agreed to buy Franklin American Mortgage. With the acquisition it would have one of the nation's 15 largest bank-owned mortgage platforms.
May 31 -
Whether they’re thwarting cyber thieves or building out new apps, bank chiefs say hefty tech investments are now a cost of doing business — but they have to convince shareholders.
May 30 -
Despite Tuesday's blip, many banks have seen double-digit gains in the months since the Dodd-Frank reform law was unveiled. There's good reason to think the run-up will continue.
May 29 -
The London interbank offered rate will likely be replaced by a new reference rate that critics say is better suited for the derivatives market than it is for commercial lending.
May 28 -
A competitive job market and improved security protocols are pushing more banks to consider letting employees work remotely.
May 24 -
The agreement was tied to the Puerto Rico company's 2010 purchase of the failed Westernbank.
May 24 -
A recent wave of high-premium acquisitions, paired with sweeping regulatory reform, is setting the stage for more large-scale M&A.
May 23
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Mahesh Aditya will immediately take over risk management for the U.S. subsidiary of Banco Santander, which is trying to turn the corner after several tough years on the regulatory and financial fronts.
May 22 -
A number of credit unions and banks have been accused of operating websites that violate the Americans with Disabilities Act. Here’s why trial lawyers are targeting them and are expected to sue more.
May 21 -
Several dozen banks have been accused of operating websites that violate the Americans with Disabilities Act. Here’s why trial lawyers are targeting them and are expected to sue more.
May 21 -
The nearly $5 billion deal to acquire MB Financial would provide the Cincinnati company with immediate scale in the Windy City.
May 21 -
Equity warrants. Capital calls. Off-balance-sheet accounts. SVB's unusual business model thrives on financing rainmakers and cutting-edge firms, but old-school issues like overconcentration, unpredictable fee income and stock market swings lurk in the background.
May 15 -
Lenders are taking steps to reduce exposure to fluctuations in oil prices, including getting tougher in demanding that drillers use commodity hedges.
May 14 -
A planned stock offering by the French banking giant would lower its stake in First Hawaiian to 49.9%.
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