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News Stories (62 Results) - Banking News

The second quarter Phoenix Management “Lending Climate in America” survey results reveal supply chain disruptions and continued inflation to be the biggest concerns for consumers and the U.S. economy.Phoenix’s Q2 2022 “Lending Climate in America”... Read Story
May 20, 2022, 07:11 AM


TAB Bank announced the addition of Bill Bahls to its business development team as Vice President and Business Development Officer for the Northeastern United States. In this role, Bahls will operate from Philadelphia, with responsibility for sourcing... Read Story
May 20, 2022, 07:09 AM


Brookline Bancorp has launched the Prolific Banking On-Ramp enrollment-as-a-service into production, providing automated enrollment of cash management customers.The turn-over to production follows an implementation project that benefited from a... Read Story
May 20, 2022, 07:00 AM


With the release of Nacha’s Top 50 financial institution ACH originators for 2021, Wells Fargo was confirmed as the top payment originator by volume on the Automated Clearing House (ACH) Network for the tenth consecutive year (historical data... Read Story
May 17, 2022, 07:13 AM


PNC Bank appointed key market leadership positions in Fort Worth, where the bank now ranks as one of the top financial institutions in deposit market share with its acquisition of BBVA USA. These market leaders, both Fort Worth natives, will be... Read Story
May 12, 2022, 07:12 AM


Cadence Bank appointed Mandy Mitchell as its Chief Experience Officer, a newly established position reporting to the chairman and CEO. In her new role, Mitchell is responsible for developing and overseeing strategies that enhance customers' and... Read Story
May 11, 2022, 07:05 AM


Banking industry veteran Jim Donovan has joined Unity Bank as Chief Lending Officer (CLO), bringing more than 35 years of financial services industry leadership experience to the community bank.“Jim Donovan is an accomplished leader with a commitment... Read Story
May 10, 2022, 07:14 AM


JPMorgan Chase Commercial Banking announced it has named Arnold Evans as Managing Director and Co-Head of Emerging Middle Market (EMM) within the Middle Market Banking & Specialized Industries (MMBSI) business. In this new role, Evans will partner... Read Story
May 06, 2022, 07:20 AM


United Community Banks, Inc. and Progress Financial Corporation announced the execution of a definitive merger agreement pursuant to which United will acquire Progress, and its wholly owned subsidiary, Progress Bank & Trust, in an all-stock... Read Story
May 05, 2022, 07:05 AM


Blue Ridge Bank announced the establishment of its middle market banking division. This effort entails the buildout of commercial banking teams in attractive MSA's in the Mid Atlantic and Southeast.   The division is led by C. Douglass Riddle... Read Story
May 04, 2022, 07:10 AM


Citizens announced that the national Citizens Business Conditions Index™ (CBCI) reached 59.5 for the first quarter of 2022, up markedly from 54.4 at the end of 2021 and reaching its highest level since Citizens began tracking the data in 2014... Read Story
April 29, 2022, 07:30 AM


Washington Federal, Inc., parent company of Washington Federal Bank (WaFd Bank) announced the promotion of veteran commercial banker Todd Gerber to Regional President for Arizona to lead the bank’s growing presence in Arizona. Gerber joined WaFd Bank... Read Story
April 28, 2022, 07:19 AM


SouthState Bank has hired nine bankers to continue to expand its Commercial, Business and Private Banking teams across Florida, Alabama, Georgia and South Carolina."According to most recent Census data, Florida had the largest net migration gains in... Read Story
April 27, 2022, 07:05 AM


PNC Bank announced the official opening of its North Texas Technology and Innovation Hub, the most recent tech-focused space it has opened across its coast-to-coast footprint, and the first hub of this type to be established in Texas. The hub will... Read Story
April 25, 2022, 07:18 AM


Bank of America named Carolyn Rainey President of Bank of America Charlottesville.As President, Rainey will be responsible for connecting the banking and investment resources offered through the bank’s eight lines of business to people and companies... Read Story
April 22, 2022, 07:24 AM


Wells Fargo & Company announced Tim O’Hara will join the Corporate & Investment Bank (CIB) on May 9, as head of Banking. In this role, he will lead corporate and investment banking origination and execution within CIB’s Banking Division, which is... Read Story
April 19, 2022, 07:19 AM


Provident Bank, a New Jersey-based financial institution, welcomed four new members to its Commercial Lending team to support the bank’s plans to grow its commercial deposits and loan portfolio. Lee Ehudin and Adam Kuras have joined the Bank as First... Read Story
April 05, 2022, 07:05 AM


Bank of America has named Susan Rabinowitz as President of Bank of America Treasure Coast. Rabinowitz succeeds Doug Sherman, who has led the market the past nine years and announced his decision to retire from the company last month.As President... Read Story
April 04, 2022, 07:12 AM


Customers Bank, a digital and fintech-forward top 100 national bank with nearly $20 billion in assets, announced the institution hired industry veteran John Donohue to serve as Executive Vice President, Managing Director of Customers Commercial... Read Story
March 23, 2022, 07:25 AM


The first quarter Phoenix Management “Lending Climate in America” survey results reveals the majority of lenders anticipate geopolitical tension and an increase in interest rates to be the biggest economic headwind in 2022.Phoenix’s Q1 2022 “Lending... Read Story
March 21, 2022, 07:10 AM


TriState Capital Holdings, Inc. announced Devron Robinson has joined the company as Senior Vice President, Relationship Manager of the Commercial Banking team at TriState Capital Bank. In this role, Robinson is responsible for new business... Read Story
March 15, 2022, 07:18 AM


Colorado-based FirstSun Capital Bancorp, the holding company of Sunflower Bank, N.A. and Texas-based Pioneer Bancshares, Inc., the holding company of Pioneer Bank, SSB jointly announced today the receipt of all required regulatory approvals to merge... Read Story
March 10, 2022, 07:11 AM


Tamarack Technology, Inc., a provider of independent software solutions in the equipment finance and commercial lending industry, announced its President and Chief Digital Officer Scott Nelson, PhD has been invited to join the board of directors for... Read Story
March 09, 2022, 07:15 AM


Fulton Financial Corporation and Prudential Bancorp, Inc. announced they have entered into a definitive Agreement and Plan of Merger under which Prudential will merge with and into Fulton in a stock and cash transaction.Fulton Financial Corporation... Read Story
March 04, 2022, 07:15 AM


Seacoast Banking Corporation of Florida has hired James Stallings, a banking and credit risk leader with nearly 25 years of experience, as Executive Vice President and Chief Credit Officer. Stallings succeeds Richard Raiford, who recently... Read Story
March 02, 2022, 07:18 AM


Cadence Bank announced its 2022-2026 Community Benefits Plan—developed in collaboration with the National Community Reinvestment Coalition (NCRC)—building on its longstanding commitment to support traditionally underserved communities, including low-... Read Story
March 01, 2022, 07:06 AM


TD Bank Group and First Horizon Corporation announced they have signed a definitive agreement for TD to acquire First Horizon in an all-cash transaction valued at $13.4 billion, or $25.00 for each common share of First Horizon. Through this... Read Story
February 28, 2022, 07:25 AM


TriState Capital Holdings, Inc. announced Matthew Lang has joined the company as Vice President, Relationship Manager of Equipment Finance for TriState Capital Bank. In this role, Lang is responsible for new business development and market growth in... Read Story
February 04, 2022, 07:19 AM


Pitney Bowes Inc. announced the roll out of a transformational best-in-class banking platform in 2022. The modern platform from Fiserv, a global provider of payments and financial services technology, creates the foundation for Pitney Bowes’ bank to... Read Story
February 03, 2022, 07:11 AM


Q2 Holdings, Inc., a provider of digital transformation solutions for banking and lending, released its 2022 State of Commercial Banking Market Analysis Report. The report, based on insights mined from Q2’s proprietary databases, is an annual review... Read Story
February 01, 2022, 07:10 AM


Wells Fargo appointed Derek Flowers as the company’s Chief Risk Officer, effective immediately. Flowers will lead all aspects of Wells Fargo’s Independent Risk Management function, including compliance risk management. He will continue to serve as a... Read Story
January 19, 2022, 07:18 AM


The Risk Management Association (RMA) announced that 19 leading banks have formed the RMA Climate Risk Consortium ("The Consortium"), which will develop standards for banks to integrate climate risk management throughout their operations, preparing... Read Story
January 13, 2022, 07:05 AM


Webster Financial Corporation and Sterling Bancorp jointly announced that Webster has received regulatory approval from the Board of Governors of the Federal Reserve System to complete the previously announced merger between the two companies. As... Read Story
December 21, 2021, 07:15 AM


First Financial Bancorp. announced it has entered into an agreement to acquire Cincinnati, OH-based Summit Funding Group, Inc., the fourth-largest independent equipment financing platform in the United States. "We are very excited to join forces with... Read Story
December 08, 2021, 07:23 AM


Simmons First National Corporation and Spirit of Texas Bancshares, Inc. announced the execution of a definitive merger agreement pursuant to which Simmons will acquire Spirit, and its wholly owned subsidiary, Spirit of Texas Bank SSB, in a... Read Story
November 22, 2021, 07:17 AM


The October 2021 Senior Loan Officer Opinion Survey on Bank Lending Practices addressed changes in the standards and terms on, and demand for, bank loans to businesses and households over the past three months, which generally correspond to the third... Read Story
November 11, 2021, 07:07 AM


After almost 35 years with the Bank, Teri Currie, Group Head, Canadian Personal Banking, has informed TD of her intention to retire at the end of January 2022. Upon her retirement, she will be appointed to TD's U.S. Board of Directors, effective... Read Story
October 29, 2021, 07:20 AM


PNC Bank announced the appointment of two new regional presidents in California, further expanding its local leadership and decision-making model in the state. Jarrod Ingle joins PNC as the regional president and head of Corporate Banking for the... Read Story
October 28, 2021, 07:24 AM


Valley National Bancorp, the holding company for Valley National Bank, announced that regulatory approvals for the previously announced acquisition of The Westchester Bank Holding Corporation, and its banking subsidiary The Westchester Bank, has been... Read Story
October 28, 2021, 07:15 AM


BancorpSouth Bank and Cadence Bancorporation, the parent company of Cadence Bank, announced their proposed merger has received final Federal Deposit Insurance Corporation approval. The FDIC approval follows recent approvals from the Mississippi... Read Story
October 18, 2021, 07:22 AM


Columbia Banking System, the parent company of Columbia State Bank, and Umpqua Holdings Corporation, the parent company of Umpqua Bank, have entered into a definitive agreement under which the companies will join together in an all-stock... Read Story
October 13, 2021, 07:20 AM


Hancock Whitney expanded the number of financial experts serving the Greater New Orleans region.Hancock Whitney Senior Vice Presidents Elizabeth Hefler and Billy Hoffmann, two longtime Hancock Whitney financial services professionals serving South... Read Story
October 12, 2021, 07:15 AM


Valley National Bancorp and Bank Leumi Le-Israel Corporation announced they have entered into a definitive merger agreement whereby Valley will acquire Leumi, the U.S. subsidiary of Bank Leumi Le-Israel B.M., and parent company of Bank Leumi USA... Read Story
September 24, 2021, 07:19 AM


HSBC Global Commercial Banking announced that Martin Richards has been appointed Global Head of Sustainable Finance – Client Infrastructure for Commercial Banking. In this role, he will focus on delivering market-leading sustainable finance solutions... Read Story
September 22, 2021, 07:05 AM


Bank of America announced senior leadership changes to position the company for long-term success, while continuing to deliver for clients, communities and shareholders.The company is adding five new members, including three women, to the senior... Read Story
September 13, 2021, 07:23 AM


Wells Fargo announced that Talena Hooper has been named division executive to lead its Commercial Banking Great Plains division. Based in Kansas City, Hooper now oversees commercial banking operations across Arkansas, Iowa, Kansas, Missouri, and... Read Story
September 01, 2021, 07:22 AM


The PNC Financial Services Group announced it is committing $20 billion over five years in support of environmental finance. This commitment is an extension of PNC's long-standing support for accelerating the transition to a low-carbon economy, and... Read Story
August 20, 2021, 07:00 AM


Truist Financial Corporation announced its new executive leadership structure, effective Sept. 1. President and Chief Operating Officer William H. Rogers Jr. will succeed Kelly S. King as chief executive officer on Sept. 12, 2021, as previously... Read Story
August 18, 2021, 07:33 AM


MUFG announced that Brian Gunn will join the company as Chief Risk Officer for MUFG Americas Holdings Corporation and its primary banking subsidiary, MUFG Union Bank, effective September 13, 2021. Gunn succeeds Donna Dellosso, who announced her... Read Story
August 18, 2021, 07:31 AM


Webster Financial Corporation and Sterling Bancorp jointly announced that each company's stockholders have approved the proposed merger between Webster and Sterling at their respective special meetings of stockholders held today. The final voting... Read Story
August 18, 2021, 06:00 AM


Wells Fargo announced that Charles H. Noski will retire as Chairman and a member of Wells Fargo’s Board of Directors. Noski has stepped down as Chairman, and he will remain as a Director until he retires on Sept. 30, to facilitate the transition of... Read Story
August 11, 2021, 07:09 AM


Independent Bank Corp., parent of Rockland Trust Company, and Meridian Bancorp, Inc., parent of East Boston Savings Bank, jointly announced that, at their respective special meetings of shareholders, they each received the necessary shareholder... Read Story
August 06, 2021, 07:00 AM


Connecticut Attorney General William Tong wrote to leadership of M&T Bank and People’s United Bank seeking detailed information regarding efforts to mitigate job losses and adverse economic impacts to Connecticut workers and communities. Last month... Read Story
August 03, 2021, 07:12 AM


The Boards of Directors of Lakeland Bancorp, the parent company of Lakeland Bank, and 1st Constitution Bancorp, the parent company of 1st Constitution Bank, have entered into a definitive Agreement and Plan of Merger, under which Lakeland will... Read Story
July 13, 2021, 07:15 AM


TD Bank Group announced the following executive changes, effective Sept. 1.Bob Dorrance to Retire; Will Remain Chairman of TD SecuritiesAfter a storied 40-plus-year career, Bob Dorrance, Chairman, CEO and President of TD Securities will retire from... Read Story
June 25, 2021, 07:25 AM


HSBC Bank USA is offering Sustainability-Linked Loans (SLL) that will enable U.S businesses to tie their borrowing to activities that support a more sustainable, resilient and prosperous world.HSBC SLLs are available in a variety of corporate loans... Read Story
June 17, 2021, 05:42 AM


Huntington Bancshares Incorporated announced it has closed its merger with TCF Financial Corporation, creating a Top 25 U.S. bank holding company.The combination positions Huntington for enhanced profitability and scale, revenue growth opportunities... Read Story
June 10, 2021, 07:21 AM


Santander Bank appointed Scott Baldinelli as Head of New England Middle Market Banking. Baldinelli will report to Joe Abruzzo, Head of Commercial Banking for Santander Bank.Baldinelli will lead business development, market growth and relationship... Read Story
March 30, 2021, 07:17 AM


Peoples Bancorp and Premier Financial Bancorp jointly announced the signing of a definitive agreement and plan of merger pursuant to which Peoples will acquire, in an all-stock merger, Premier, a bank holding company headquartered in Huntington, West... Read Story
March 30, 2021, 07:15 AM


Capital Farm Credit announced the following additions to its Executive Management Team: Jon Hutchinson was named Chief Credit Officer; Sally Lawson was named Chief Financial Officer; Phil Peabody was named Chief Lending Officer; and Glenn Trant was... Read Story
March 23, 2021, 07:15 AM


PNC Bank announced the entry into a definitive agreement to acquire Fortis Advisors, a provider of private merger and acquisition post-closing shareholder representative services, having engaged in over 750 M&A transactions since 2011. Upon the... Read Story
December 21, 2017, 07:07 AM


Financial research firm Greenwich Associates named Huntington one of the nation's top banks for businesses with the presentation of 17 Greenwich Excellence Awards. Huntington stood out among top middle-market banks that Greenwich Associates notes are... Read Story
February 17, 2017, 07:02 AM