A Mutual Thrift's M&A Advantage

July 26, 2012 1:19 PM

6:04

Investors Bancorp offered depositors of Marathon Bank the prospect of participating in its second-step conversion from a mutual thrift, Investors CEO Kevin Cummings says.

M&A

Community banking

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Community banking

Insurance deal too rich for Trustmark to pass up, CEO says

The Jackson, Mississippi, company will use proceeds from the sale of its Fisher Brown Bottrell Insurance unit to restructure its investment portfolio, moving $1.6 billion of low-yield securities off the balance sheet.

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Consumer lending

Synchrony hikes interest rates on credit cards to offset late-fee rule

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Industry News

Bank of America, Goldman Sachs CEOs hang onto their board chair hats

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