While the recent and sudden deterioration of several U.S. banks has been most impactful to the depositors, shareholders and lenders to these institutions, non-bank financial institutions, insurance companies and funds have experienced a variety of...
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March 17, 2023, 07:20 AM
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J.P. Morgan Commercial Banking has hired Matt Hamilton as a Managing Director and Coverage Manager for one of its Equipment Finance businesses. In this role, Hamilton will lead the originations team working with bankers and clients across J.P. Morgan...
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March 09, 2023, 07:20 AM
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Republic Bancorp, Inc., the parent company of Republic Bank & Trust Company, announced the Bank has completed its previously announced merger with CBank and CBank’s wholly owned subsidiary, Commercial Industrial Finance, Inc. (CIF), for approximately...
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March 16, 2023, 07:21 AM
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BankProv, a commercial bank, announced it has appointed Janine Jakubauskas to the role of Chief Risk Officer and David Gagnon to the role of Chief Credit Officer.Jakubauskas joined the Bank in April 2022 as Senior Vice President, Enterprise Risk...
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March 10, 2023, 07:21 AM
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Bloomberg reported that Moody’s Investors Service placed First Republic Bank and five additional U.S. lenders on review for downgrade following the collapse of Silicon Valley Bank.According to the Bloomberg report, Western Alliance Bancorp., Intrust...
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March 15, 2023, 07:20 AM
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Bank of America, Citigroup, JPMorgan Chase and Wells Fargo announced they are each making a $5 billion uninsured deposit into First Republic Bank. Goldman Sachs and Morgan Stanley are each making an uninsured deposit of $2.5 billion, and BNY-Mellon...
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March 17, 2023, 07:25 AM
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New York Community Bancorp, Inc. announced its bank subsidiary, Flagstar Bank, N.A. (the "Bank") has acquired certain assets and assumed certain liabilities of Signature Bridge Bank ("Signature") from the Federal Deposit Insurance Corporation (the...
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March 20, 2023, 07:25 AM
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Signature Bank, New York, NY, was closed on March 12th by the New York State Department of Financial Services, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect depositors, the FDIC transferred all the deposits...
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March 14, 2023, 07:25 AM
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TD Bank Group (TD) announced the following appointments to reflect the expanded mandates of two Senior Executive Team (SET) members.Barbara Hooper will become Group Head, Canadian Business Banking, TD Bank Group, effective May 1, 2023. Hooper has...
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March 10, 2023, 07:23 AM
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Herc Holdings Inc., a North American equipment rental supplier operating through Herc Rentals Inc., announced Senior Vice President and Chief Financial Officer Mark H. Irion will resign his position for another opportunity. He will remain with Herc...
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March 10, 2023, 07:19 AM
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