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Loan growth and wealth management revenue drove a 53% increase in the San Francisco bank's profit from a year earlier.
April 14 -
The Mississippi company has never done a deal this large. But buying Houston-based Cadence would take it into high-growth markets and reduce both companies' concentrations in sectors such as energy, dining and hospitality.
April 12 -
Valley National wanted to become more customer friendly, while Washington Federal needed more commercial clients. The leaders of those companies recently discussed the tough decisions they made to bring about much-needed change.
April 9 -
The Michigan company recently paid $70 million to close the books on a matter dating to the last financial crisis.
March 31 -
The economy is poised to rebound, meaning loan demand and hiring will pick up, some observers say. Others argue that banks have plenty of reasons to cut jobs given industry consolidation, the growth of digital banking and expectations that low interest rates will persist.
March 29 -
Fees from forgiven Paycheck Protection Program loans are providing a short-term lift, but balance sheets are shrinking and it isn't clear what will drive future growth.
March 21 -
The Indiana company said the move reflects a need to cut costs and customers' increased preference for digital channels.
March 15 -
The Honolulu company said the "non-public, fact-finding inquiry" by the Securities and Exchange Commission focuses on its calculations for earnings per share.
March 15 -
HoldCo Asset Management, which gains two board seats from a standstill agreement, had expressed disappointment that the Boston company hired a CEO instead of pursuing a sale.
March 8 -
The California company said the issue involves a line of credit it funded earlier this year and that it is working with law enforcement authorities on the matter.
February 26