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M&T had long coveted the Connecticut regional but couldn't make a deal work. Their merger is the latest example of regional banks joining forces to compete in an industry undergoing rapid transformation.
February 22 -
The investments, part of a post-merger effort to wring out more profits, include new commercial and mortgage lending platforms.
January 21 -
Sandy Spring Bancorp also plans to shrink its network as more customers move to digital channels.
January 21 -
Robert Kafafian says he's hearing more MOE chatter now than at any time in his decades-long career as a consultant. He cited smaller banks' need to cut costs, improve tech offerings and compete with bigger lenders.
January 13 -
The company, which reported a large third-quarter loss in October, plans to sell or shutter a quarter of its locations.
January 6 -
The New Canaan, Conn., company said it will record a pretax expense of $3.9 million in the fourth quarter related to branch and office closings, severance payments and the end of a vendor contract.
December 31 -
One engineered a big M&A deal, another struggled with his bank's credit issues and another abruptly resigned. Here are their stories and more.
December 23 -
The company adds to a growing list of banks shutting branches to invest in technology offerings.
December 17 -
Management teams are forging ahead with technology projects and bonuses for some employees despite a deep slide in net income this year.
December 14 -
The Pittsburgh company also sold a portfolio of indirect auto loans and repaid a large amount of Federal Home Loan Bank borrowings.
December 10