FirstBank named Adam Sands the Chief Banking Officer (CBO). Sands will assume the majority of the responsibilities formerly held by the company’s President, including supporting the bank’s markets, customers, loan and deposit production as well as...
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April 09, 2024, 07:23 AM
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According to a Reuters report, JPMorgan Chase reorganized the leadership in its global banking division, installing new leaders in capital markets and investment banking, according to a memo seen by Reuters on Thursday.According to the report, the...
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April 05, 2024, 07:20 AM
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TD Bank Group (TD) and Google Cloud announced a multi-year strategic relationship. TD will add Google Cloud services to its portfolio of data-driven technology solutions to support its delivery of innovative banking experiences. Google Kubernetes...
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April 04, 2024, 07:10 AM
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Peapack-Gladstone Financial Corporation and Peapack Private, a division of Peapack-Gladstone Bank, announced Joanne Galiardi has joined its commercial banking team as a Senior Managing Director. With the bank’s expanded footprint in New York City...
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April 04, 2024, 07:00 AM
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MUFG announced that it has established a new Medium-term Business Plan (“MTBP”) for the three-year period beginning in FY2024, as outlined in the following press release.Since the three years of the COVID-19 pandemic, the business environment has...
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April 02, 2024, 07:00 AM
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Cadence Bank announced changes to its organizational structure, as well as new and increased responsibilities for several key executives, that will build on the company's success, create efficiencies and position it for future growth.Hank Holmes...
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April 01, 2024, 07:20 AM
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M&T Bank Corporation announced it has appointed Sarah Knakmuhs as chief communications officer.In this newly created role, Knakmuhs will continue to evolve and mature M&T's communication platforms and capabilities to enhance the bank's profile and...
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March 22, 2024, 07:05 AM
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TAB Bank announced the promotion of Terri Lins as Chief Credit Officer, effective immediately. Lins has been an integral part of the TAB Bank team for more than a decade, most recently serving as Senior Vice President and Senior Credit Officer.As...
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March 20, 2024, 07:20 AM
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Comerica Bank named Tim Maiden Senior Vice President, Group Manager for its Southern Dallas Business Banking Team. He will report to Corey Bailey, Executive Vice President, Executive Director, Middle Market & Business Banking.Maiden will lead a team...
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March 18, 2024, 07:12 AM
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WSFS Bank announced the hire of Jamie Tranfalia as Senior Vice President and Senior Middle Market Team Leader, reporting to Jim Gise, Senior Vice President, Middle Market, Syndications and Capital Markets.In his role, Tranfalia will support and...
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March 15, 2024, 07:28 AM
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Restaurant lending and franchise finance veteran Michael Record joined Northwest Bank as Executive Vice President, head of restaurant and franchise finance. In this new role, Record will build out Northwest's restaurant and franchise finance business...
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March 14, 2024, 07:00 AM
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CIBC President and CEO Victor Dodig announced senior leadership appointments to support the bank's continued execution of its client-focused strategy, deepen its leadership capabilities and enable continued business momentum."Across our bank, we have...
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March 11, 2024, 07:20 AM
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With former Hancock Whitney Bank President Joe Exnicios’ official retirement on March 1, after 46 years of service, Hancock Whitney has named current Chief Operating Officer D. Shane Loper to succeed Exnicios as bank president.Loper assumes the title...
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March 08, 2024, 07:18 AM
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Old Second National Bank announced the addition of Mike Daniele as Senior Vice President in the Commercial Banking group. Having a career of over 20 years as a relationship banker, Daniele has served and advised privately owned businesses in and...
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March 08, 2024, 07:15 AM
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FirstBank announced Jim Reuter is retiring from FirstBank after seven years as Chief Executive Officer (CEO) and 37 years with the organization. The board elected President, Kevin Classen, as the new CEO, and Chief Digital Officer (CDO), Kelly...
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February 28, 2024, 07:23 AM
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U.S. Bank has launched a new division dedicated to serving private capital firms and global asset managers.The Private Capital and Global Asset Management division brings together all parts of the bank that currently serve more than 200 private...
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February 23, 2024, 07:05 AM
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Gateway First Bank announced Brett Myers has joined Gateway’s banking team as the Tulsa Market President. In this role, he will oversee all retail and commercial banking activities, including large lending, small business, treasure Management, and...
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February 23, 2024, 07:00 AM
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Cambridge Savings Bank (CSB) announced that it has hired Ryan Bailey as the bank’s new President and Chief Executive Officer (CEO).Bailey was hired after the bank conducted a national search to succeed current president and CEO, Wayne Patenaude, who...
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February 15, 2024, 07:20 AM
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PNC Bank announced a significant investment in its branch network aimed at extending access to banking services and financial expertise for customers and communities across the country. The plan includes an approximate $1 billion investment to open...
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February 15, 2024, 07:18 AM
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Citizens Financial Group unveiled a number of changes aimed at accelerating the growth of its Wealth Management and Private Banking business to serve the entire spectrum of wealth clients, from mass affluent to ultra-high net worth and family offices...
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February 12, 2024, 07:15 AM
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Key Equipment Finance (KEF), a division of KeyBank, promoted Shawn Arnone to managing director of Key Equipment Finance’s Capital Markets Group. Arnone will be responsible for oversight of the leasing and structured finance team, supporting all lines...
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January 25, 2024, 07:15 AM
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F&M Bank (F&M), an Archbold, OH-based bank owned by Farmers & Merchants Bancorp, Inc.announced the retirements of Rex Rice, EVP and Chief Lending Officer and Benét Rupp, EVP and Chief Administrative Officer. Rice will remain in his role until March 1...
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January 25, 2024, 07:05 AM
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Mitsubishi HC Capital America announced Anand Rao has joined the company as Managing Director, Private Credit for the Structured Finance division.With more than 20 years’ experience in leveraged finance, distressed investments and restructurings, Rao...
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January 12, 2024, 07:15 AM
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KeyCorp announced that Darrin Benhart, Deputy Chief Risk Officer, has been named the bank's Chief Risk Officer, effective January 1, 2024. Benhart succeeds Mark Midkiff, whose long-planned retirement was announced in November and who will remain at...
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January 10, 2024, 07:30 AM
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The asset-based lending market held steady in the third quarter amid positive developments in the U.S. economy such as easing inflation, strong consumer spending and a solid job market, according to data released by the Secured Finance Network...
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January 05, 2024, 07:15 AM
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BCB Bancorp, Inc., the holding company for BCB Community Bank, announced Michael A. Shriner has been named President and Chief Executive Officer of BCB Bancorp and BCB Community Bank, effective Jan. 1, 2024. Retiring President and Chief Executive...
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December 29, 2023, 07:23 AM
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Fifth Third Bancorp announced the following executive leadership changes that will take effect January 2, 2024.The Board of Directors voted to appoint Tim Spence chairman of the board. Spence succeeds Nick Akins, who has been elected lead independent...
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December 20, 2023, 07:12 AM
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Wells Fargo announced that Frederick O. Terrell will join the Corporate & Investment Bank (CIB) as vice chairman of Investment Banking on January 2, 2024. He will serve as a member of CIB’s senior leadership team delivering strategic and...
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December 18, 2023, 07:05 AM
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LCNB Corp., the holding company for LCNB National Bank, and Eagle Financial Bancorp, Inc., the holding company for EAGLE.bank, announced that they have signed a definitive merger agreement whereby LCNB will acquire EFBI in a stock-and-cash...
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December 01, 2023, 07:07 AM
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TD Bank announced it ranked No. 1 for the seventh consecutive year in total number of approved U.S. Small Business Administration (SBA) loans in its Maine-to-Florida footprint for the SBA's 2023 fiscal year. TD Bank is also the #2 ranked SBA lender...
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November 30, 2023, 07:15 AM
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TD Bank Group announced the appointment of Alan MacGibbon as Chair of the Board of Directors, effective February 1, 2024. MacGibbon will succeed Brian Levitt, who will also retire from the Board following the Bank's annual meeting of shareholders on...
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November 30, 2023, 07:00 AM
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Hanover Bancorp, the bank holding company for Hanover Community Bank, announced the appointment of Joseph Burns to the position of Executive Vice President, Chief Lending Officer.In his new role, Burns will lead the Bank’s commercial banking...
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November 17, 2023, 07:18 AM
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First Financial Corporation and SimplyBank jointly announced the execution of a definitive agreement under which First Financial will acquire SimplyBank. First Financial will pay $718.38 per share in cash for each share of SimplyBank’s common stock...
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November 14, 2023, 07:07 AM
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Shield Compliance, a compliance management platform for cannabis banking, released the findings of a survey of licensed cannabis operators regarding their satisfaction with the banking partners, products, and services available to them. While most...
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November 10, 2023, 07:10 AM
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F&M Bank, an Archbold, OH-based community bank owned by Farmers & Merchants Bancorp, Inc. announced the opening of its newest full-service office and new regional headquarters in downtown Fort Wayne.Northern Indiana Regional President and Chief...
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November 07, 2023, 07:04 AM
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Republic Bank & Trust Company has been named to Newsweek’s Best Online Lenders in America 2024 list in multiple categories. The rankings, a collaboration between Newsweek and Lending Tree, named Republic in five different loan types across two...
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October 30, 2023, 07:00 AM
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The Board of Directors of Morgan Stanley announced Co-President Edward (Ted) Pick will become the firm’s Chief Executive Officer, effective Jan. 1, 2024. James Gorman will become Executive Chairman. Pick will also join Morgan Stanley’s Board of...
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October 27, 2023, 07:12 AM
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LINKBANCORP, parent company of LINKBANK, and Partners Bancorp ("Partners"), a financial services company with two wholly-owned operating subsidiaries, The Bank of Delmarva and Virginia Partners Bank, announced receipt of required regulatory approvals...
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October 17, 2023, 07:05 AM
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TD Bank announced Jill Gateman as Head of Middle Market Products & Services within TD's Commercial Bank.Gateman will lead TD's Commercial Bank Middle Market growth strategy, focusing on deepening market penetration in TD's existing markets while...
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October 13, 2023, 07:15 AM
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Meridian Bank announced the retirement of Joseph Cafarchio, Chief Credit Officer, effective October 13, 2023. Cafarchio has served in the position since Meridian’s inception in 2004.Prior to joining Meridian, Carfachio had a long career in the...
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October 13, 2023, 07:05 AM
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Goldman Sachs entered into an agreement to sell the GreenSky platform and associated loan assets to a consortium of institutional investors led by Sixth Street (the “Consortium”). The transaction is expected to close in the first quarter of 2024...
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October 12, 2023, 07:07 AM
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The biggest US banks are poised to write off more bad loans than they have since the early days of the pandemic as higher-for-longer interest rates and a potential economic downturn are putting borrowers in a bind, according to a Bloomberg report....
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October 11, 2023, 07:23 AM
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BMO Financial Group announced the upcoming retirement of its Chief Executive Officer & Group Head, Capital Markets, Dan Barclay, and the appointment of Alan Tannenbaum into the role. After a 32-year investment banking career, Barclay will transition...
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October 11, 2023, 07:15 AM
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Small business loan approval percentages at big banks ($10 billion+ in assets) fell again, dropping from 13.2% in August to 13.1% in September, according to the latest Biz2Credit Small Business Lending Index released today. Big bank lending to small...
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October 11, 2023, 06:30 AM
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As South Florida’s banking landscape sees heightened demand amidst an influx of businesses, residents, and capital, Banesco USA, a community bank with over $3.57 billion in assets, is enhancing its commercial and industrial (“C&I”) and residential...
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October 09, 2023, 06:55 AM
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As South Florida’s banking landscape sees heightened demand amidst an influx of businesses, residents, and capital, Banesco USA, a community bank with over $3.57 billion in assets, is enhancing its commercial and industrial (“C&I”) and residential...
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October 06, 2023, 07:36 AM
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TAB Bank announces Austin Strong, has been promoted to Chief Strategy Officer (CSO). Strong will enhance and execute TAB Bank’s strategic vision, identify promising growth and investment opportunities, and collaborate with fintech partners to further...
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October 05, 2023, 07:00 AM
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U.S. Bank has named Ariel Meyerstein as the head of its Environmental, Social and Governance (ESG) Program Office.In this role, Meyerstein will be responsible for ESG strategy development, program management, enablement, stakeholder engagement and...
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October 05, 2023, 06:00 AM
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PNC Bank has acquired a portfolio of capital commitments facilities from Signature Bridge Bank through an agreement with the Federal Deposit Insurance Corporation ("FDIC") as Receiver. The transaction closed Oct. 2, 2023. The FDIC established...
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October 04, 2023, 07:15 AM
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On September 28, 2023, United States District Judge Eldon E. Fallon sentenced WILLIAM J. BURNELL, age 73, of Kenner, ROBERT B. “BRAD” CALLOWAY, age 63, of Metairie, and FRANK J. ADOLPH, age 63, of New Orleans, announced U.S. Attorney Duane A. Evans....
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October 04, 2023, 06:54 AM
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First Citizens Bank is extending its brand to cover numerous commercial business verticals that previously fell under First Citizens' CIT division. This effort represents another major step towards First Citizens fully integrating CIT since its 2022...
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October 03, 2023, 07:05 AM
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Manufacturers Bank, a subsidiary of SMBC Americas Holdings, Inc., a member of SMBC Group, announced that it will be changing its name to SMBC MANUBANK as it expands into new markets and industries, and highlighting its decades-long affiliation with...
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September 29, 2023, 06:30 AM
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Evolve Bank & Trust has named Rob Lance Senior Vice President, Commercial Lending, for the Jonesboro Banking Center. “Over the last six years, Rob has cultivated substantial investments in the Jonesboro market,” said Randy Reynolds, President...
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September 29, 2023, 06:02 AM
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TriState Capital Bank announced that Scott Gundersen has joined the company as senior vice president, relationship manager of Private Banking. In this role, Gundersen is responsible for managing relationships and driving new business opportunities...
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September 28, 2023, 06:00 AM
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Centerbridge Partners and Wells Fargo & Company announced they are entering into a strategic relationship focused on direct lending to non-sponsor North American middle market companies. To meet the alternative credit needs of this segment...
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September 27, 2023, 07:15 AM
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Cambridge Bancorp, the parent company of Cambridge Trust Company, and Eastern Bankshares, Inc., the stock holding company for Eastern Bank, announced they have entered into a definitive merger agreement pursuant to which Cambridge will merge with and...
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September 27, 2023, 05:00 AM
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WSFS Bank, the primary subsidiary of WSFS Financial Corporation announced the hires of Alyson Beasley Bradley as Senior Vice President, Chief Auditor; Jeffrey Goodman as Senior Vice President, General Counsel; and Frank McGrane as Senior Vice...
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September 26, 2023, 07:04 AM
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MUFG announced leadership changes within its Asset-Based Finance team, all effective September 19th, designed to align the team to better support its overall ABF growth strategy in the Americas. Leadership team members will be based in three key...
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September 26, 2023, 06:15 AM
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Citizens Financial Group announced a $50 billion Sustainable Finance Target including $5 billion in green financing, by 2030. The company also announced that it will engage corporate clients in high-emitting sectors on climate-related topics. To...
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September 26, 2023, 05:00 AM
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Wells Fargo announced that Thomas R. Nides will join the company in October as Vice Chairman, reporting to CEO Charlie Scharf and joining the company’s Operating Committee.As Vice Chairman, Tom will have a broad role across the company. He will be a...
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September 25, 2023, 07:11 AM
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EverBank, formerly TIAA Bank, announced the launch of its new name and brand, marking a significant milestone in its mission to redefine banking through innovation, performance, and client partnership."EverBank has always been a name synonymous with...
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September 13, 2023, 07:20 AM
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First Interstate BancSystem appointed Lorrie L. Asker as Executive Vice President and Chief Banking Officer (CBO). Asker has been serving as Interim CBO since February 2023. With a 30-year track record of building strong relationships and producing...
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August 31, 2023, 07:12 AM
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Comerica Bank promoted Grant Simon to Senior Vice President - Technology and Life Sciences (TLS), Group Manager, San Francisco, effective August 11, 2023. He will report to Robert Hernandez, Group Manager, TLS – California.In his new role, Simon will...
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August 14, 2023, 07:22 AM
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Glacier Bancorp, Inc. announced the signing of a definitive agreement to acquire Community Financial Group, Inc. (CFGW), the bank holding company for Wheatland Bank, an Eastern Washington community bank headquartered in Spokane. The acquisition marks...
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August 11, 2023, 07:11 AM
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According to a Reuters report, Moody's cut credit ratings of several small to mid-sized U.S. banks on Monday and said it may downgrade some of the nation's biggest lenders, warning that the sector's credit strength will likely be tested by funding...
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August 09, 2023, 07:20 AM
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Equity Bancshares, Inc., the Wichita, KS-based holding company of Equity Bank, announced the promotion of Chris M. Navratil to Chief Financial Officer (CFO) of Equity Bancshares, Inc., and announced Eric R. Newell’s decision to resign from his...
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August 07, 2023, 07:12 AM
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Achieving an important milestone in its strategic plan to refocus on the company's core retirement, wealth and asset management businesses, TIAA has completed the sale of TIAA Bank to private investors with extensive experience in financial services....
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August 02, 2023, 07:23 AM
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Heritage Bank of Commerce, a subsidiary of Heritage Commerce Corp, announced the appointment of Susan Just as Executive Vice President and Chief Credit Officer, effective Sept. 7, 2023. She will replace the current Executive Vice President and Chief...
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August 02, 2023, 07:12 AM
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SouthState Bank has launched a comprehensive small business banking team to meet the growing demand in its Southeastern footprint."Offering our small business customers a line of products that fits their needs, accompanied by well-rounded...
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August 01, 2023, 07:10 AM
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Banc of California and PacWest Bancorp announced the signing of a definitive agreement pursuant to which the companies will combine in an all-stock merger transaction. Under the terms of the agreement, which was unanimously approved by the boards of...
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July 26, 2023, 07:25 AM
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Citizens announced that veteran banking executive Mark Lehmann, chief executive of JMP Group, has been named as its California President to accelerate growth in a key market where the bank has recently added some of the state’s top private bankers.In...
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July 13, 2023, 07:15 AM
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CIBC Innovation Banking announced that its North American team is growing, with team members joining in New York and San Francisco.Ben Shephard joins as an Executive Director and will be based in CIBC’s Innovation Banking office in New York. Mr....
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July 07, 2023, 07:05 AM
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Citizens has appointed Peter Panos as South Region Executive, succeeding Brian Peters, who is retiring. Panos, who is based in Atlanta, will report to Head of Corporate Banking Steve Woods and have responsibility for leading a team of senior bankers...
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June 30, 2023, 07:23 AM
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The National Bank of Coxsackie (NBC) announced Charlene Slemp has been named the new Chief Lending Officer. Slemp has been with National Bank of Coxsackie since 2019, most recently as Chief Credit Officer. “I am thrilled to accept the role of Chief...
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June 30, 2023, 07:15 AM
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American Business Bank announced the addition of Daniel Lykken to the bank where he will serve as Regional Executive Vice President of the San Fernando Valley Regional office. Lykken will fill this position previously held by Jeffrey Munson, who was...
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June 26, 2023, 07:10 AM
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LINKBANCORP, Inc., parent company of LINKBANK, and Partners Bancorp, a financial services company with two wholly owned operating subsidiaries, The Bank of Delmarva and Virginia Partners Bank, announced that at special meetings of their respective...
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June 23, 2023, 07:20 AM
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Northwest Bank has appointed Jay DesMarteau as Senior Executive Vice President, Chief Commercial Banking Officer. He will provide strategic leadership and operational oversight for all aspects of Northwest's commercial banking business."As we...
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June 21, 2023, 07:23 AM
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Cadence Bank announced the appointment of Shanna Kuzdzal as Chief Legal Officer. Kuzdzal succeeds Chuck Pignuolo, who has served as Cadence’s chief legal officer since 2014 and will retire on June 30, 2023.In her new role, Kuzdzal will provide legal...
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June 16, 2023, 07:00 AM
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UBS has completed the acquisition of Credit Suisse, crossing an important milestone. Credit Suisse Group AG has been merged into UBS Group AG and the combined entity will operate as a consolidated banking group.It marks the last trading day of Credit...
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June 12, 2023, 07:16 AM
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WesBanco, Inc., a diversified, multi-state bank holding company, announced its affiliate, WesBanco Bank, has promoted David Klick to the role of Upper Ohio Valley (UOV) Market President and Senior Commercial Banker.In his new role, Klick will oversee...
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May 30, 2023, 07:10 AM
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Northern Trust has appointed Patrick Cowan Chief Banking Officer for the West Region, where he will lead the strategic direction and execution of the banking business to accelerate growth in the region. Most recently, Cowan was the Chief Banking...
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May 26, 2023, 07:05 AM
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The National Bank of Coxsackie announced Keven Mathes has been promoted to the newly created role of Vice President/Business Banker. The Business Banker for National Bank of Coxsackie will provide businesses and their owners in the Capital Region in...
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May 23, 2023, 07:08 AM
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Princeton Bancorp, Inc., the holding company for The Bank of Princeton (TBOP), and Noah Bank (Noah) jointly announced the completion of the merger of TBOP and Noah. The parties previously announced the execution of an agreement and plan of merger on...
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May 23, 2023, 07:05 AM
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Mid Penn Bancorp, Inc. announced its acquisition of Brunswick Bancorp was completed. In connection with the holding company merger, Brunswick’s banking subsidiary, Brunswick Bank &Trust Company, has been merged with and into Mid Penn’s subsidiary...
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May 23, 2023, 07:00 AM
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Cadence Bank appointed Jerrell Moore as the company’s new Executive Vice President and Chief Diversity Officer.“Jerrell brings extensive experience in building inclusive cultures and is a well-respected thought leader on issues of diversity, equity...
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May 19, 2023, 07:10 AM
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LCNB Corp., the holding company for LCNB National Bank, and Cincinnati Bancorp, Inc. (CNNB) the holding company for Cincinnati Federal, announced they have signed a definitive merger agreement whereby LCNB will acquire CNNB in a stock-and-cash...
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May 19, 2023, 07:05 AM
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M&T Bank announce the appointment of Heidi Stumpff as the new Regional President for Vermont. With 24 years in the banking industry, including the last decade at People’s United Bank, Stumpff brings a wealth of knowledge and leadership to the M&T...
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May 16, 2023, 07:15 AM
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Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank announced the appointment of Vincent J. Mutarelli as Senior Managing Director, Commercial Private Banker at Peapack-Gladstone Bank. Mutarelli is responsible for growing a portfolio of...
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May 16, 2023, 07:13 AM
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Berkshire Bank, a socially responsible community bank with financial centers in New England and New York, announced Greg Saint John, an experienced credit officer and banking industry veteran, was promoted to Senior Vice President, Deputy Chief...
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May 16, 2023, 07:10 AM
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The April 2023 Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) 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...
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May 10, 2023, 07:23 AM
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Wells Fargo announced that Jeff Hogan has joined the Corporate & Investment Bank (CIB) as co-head of Global Mergers & Acquisitions (M&A) within the Banking division. He will co-lead the M&A team with David DeNunzio, who has led the business since he...
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May 10, 2023, 07:05 AM
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United Community Bank named veteran banker Kelley Kee as Tennessee State President. Kee steps into this role after his predecessor, John Wilson, announced his retirement. Wilson will transition into a United consulting role. Kee will now take over to...
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May 08, 2023, 07:10 AM
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Washington Federal, Inc., the parent company of Washington Federal Bank (WaFd Bank), and Luther Burbank Corporation (Luther Burbank), the parent company of Luther Burbank Savings, jointly announced that, at special meetings of their respective...
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May 08, 2023, 07:07 AM
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TD Bank Group and First Horizon Corporation announced they have entered into a mutual agreement to terminate their previously announced merger agreement, originally announced on Feb. 28, 2022. TD informed First Horizon that TD does not have a...
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May 04, 2023, 07:22 AM
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Equity Bancshares, Inc., the Wichita, KS-based holding company of Equity Bank, announced Chief Operating Officer Gregory H. Kossover has communicated his resignation from his Equity Bank role, and his retirement from banking. Kossover will continue...
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May 02, 2023, 07:00 AM
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Bancorp 34, Inc. (BCTF), the holding company of Bank 34, and CBOA Financial, Inc., the holding company of Commerce Bank of Arizona (Commerce), jointly announced the signing of a definitive merger agreement to combine and form the second largest bank...
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May 01, 2023, 07:12 AM
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Bloomberg reported PacWest Bancorp is exploring a sale of its lender finance arm, according to people familiar with the matter. The California-based bank is working with a financial adviser to solicit interest in the business, said the people, who...
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April 24, 2023, 07:20 AM
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Oxford Commercial Finance (OCF), a subsidiary of Oxford Bank, is announcing an expanded line of flexible working capital solutions for small to medium-sized businesses, increased customer base, and a new website with helpful resources for business...
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April 19, 2023, 07:10 AM
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Prosperity Bancshares, Inc., the parent company of Prosperity Bank, announced it has received all regulatory approvals necessary to complete its previously announced acquisition of First Bancshares of Texas, Inc., the parent company of FirstCapital...
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April 19, 2023, 07:03 AM
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The Federal Reserve Board announced its approval for UBS Group AG, of Zürich, Switzerland, to acquire the U.S. subsidiaries of Credit Suisse Group AG, of Zürich, Switzerland.The application was submitted in connection with UBS Group AG's acquisition...
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April 17, 2023, 07:23 AM
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Bloomberg reported U.S. bank lending contracted significantly in the last two weeks of March, indicating a tightening of credit conditions. According to the Bloomberg report, commercial bank lending declined nearly $105 billion in the two weeks ended...
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April 11, 2023, 07:10 AM
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Regions Bank announced veteran commercial banking leader Mark Evans will serve as the company’s first market executive focused exclusively on San Antonio and surrounding areas as Regions builds on its Texas presence yet again.Regions is one of the...
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April 10, 2023, 07:18 AM
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Bank economists expect credit conditions to weaken over the next six months as economic growth slows and interest rates trend higher, according to the American Bankers Association’s latest Credit Conditions Index released today.The latest summary of...
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April 10, 2023, 07:12 AM
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Great Southern Bank announced it has hired banking veteran Rob Fulp. Coming off of a two-year retirement from the banking industry, Fulp now serves as the Regional Managing Director of Commercial Lending for the Springfield, MO, southwest Missouri...
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April 07, 2023, 07:22 AM
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Huntington National Bank has selected Christian Corts as its new Director, overseeing its regional banking teams across Huntington's 11-state footprint. Most recently, Corts served as the North Texas Regional President at Truist Financial Corporation...
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April 07, 2023, 07:20 AM
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National Exchange Bank & Trust Chairman of the Board Peter Stone announced James Chatterton, President and Chief Operating Officer will retire from the bank after 35 years of service, and Eric Stone, current CEO, will assume the President/CEO...
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April 04, 2023, 07:10 AM
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Republic Bank & Trust Company announced the opening of a new banking center in Bellevue, KY, expanding its service area into Campbell County and the Greater Cincinnati area.The banking center has already begun servicing existing and new Republic...
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March 29, 2023, 07:05 AM
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First-Citizens Bank & Trust Company (First Citizens Bank), a subsidiary of Raleigh, NC-headquartered First Citizens BancShares, Inc. (First Citizens) announced it has entered into an agreement with the Federal Deposit Insurance Corporation (FDIC) to...
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March 27, 2023, 07:23 AM
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Stifel Financial Corp. announced a significant expansion of its business serving growth companies in the venture community through the addition of three key partners formerly with Silicon Valley Bank, (“SVB”). Jake Moseley, Matt Trotter, and Ted...
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March 27, 2023, 07:00 AM
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TD Bank Group (TD) has earned the No. 1 spot in Brand Finance 2023 Canada 100 Report, ranking the 100 most valuable brands in Canada.Every year, leading brand valuation consultancy Brand Finance puts 5,000 of the world's biggest brands to the test...
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March 24, 2023, 07:15 AM
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UBS announced it plans to acquire Credit Suisse. The combination is expected to create a business with more than $5 trillion in total invested assets and sustainable value opportunities. It will further strengthen UBS’s position as the leading...
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March 20, 2023, 07:18 AM
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Pacific Western Bank, the primary subsidiary of PacWest Bancorp, issued the following statement reaffirming its financial strength.Pacific Western Bank continues to have solid liquidity, with over $10.8 billion in available cash as of March 17....
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March 20, 2023, 07:00 AM
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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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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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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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First Citizens Bank on March 1 celebrated its 125th year of delivering long-term value and excellent service to clients and strong results to shareholders. First Citizens is recognizing this significant service milestone with a celebration throughout...
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March 02, 2023, 07:20 AM
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Customers Bank announced the launch of a new Loan Syndications Banking Team, expanding the bank’s lending services for middle market businesses and lead deals to support the bank’s existing and future national lines of business.The Loan Syndications...
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February 17, 2023, 07:12 AM
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TD Bank Group and First Horizon Corporation have mutually agreed to extend the outside date of their proposed transaction from Feb. 27 to May 27, 2023, in accordance with the terms of the merger agreement.TD and First Horizon are fully committed to...
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February 13, 2023, 07:05 AM
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Bridge Bank announced that its Capital Finance Group has added three new hires to support key markets. The new team members, based in Seattle, Chicago and Las Vegas, will serve Bridge Bank clients nationwide.In addition to providing traditional...
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February 03, 2023, 07:06 AM
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BMO Financial Group, and its subsidiaries BMO Financial Corp. and BMO Harris Bank N.A. (together, "BMO"), announced it has completed the acquisition of Bank of the West from BNP Paribas.BMO's acquisition of Bank of the West brings nearly 1.8 million...
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February 02, 2023, 07:22 AM
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Wintrust Financial Corporation announced the planned transition of the Chief Executive Officer role. Effective May 1, 2023, Timothy S. Crane, who currently serves as Wintrust’s President, will assume the additional role of Chief Executive Officer....
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January 31, 2023, 07:31 AM
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Atlantic Union Bank named Matt Linderman as its new Chief Information Officer. Linderman, 48, will be responsible for providing leadership, planning and management for all areas of technology and digital strategy, development and implementation.“Matt...
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January 30, 2023, 07:08 AM
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First Business Bank announced the promotion of Marlee Jorgensen to Assistant Vice President II – Treasury Management.Jorgensen, who has more than eight years of experience in financial services, helps business leaders implement a full range of...
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January 30, 2023, 06:00 AM
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Berkshire Hills Bancorp, Inc., the parent company of Berkshire Bank, announced David Rosato, an accomplished banking executive who served most recently as Chief Financial Officer of People's United Financial, Inc., and prior to that as Treasurer at...
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January 26, 2023, 07:15 AM
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Coastal Financial Corporation, the bank holding company for Coastal Community Bank, announced Barb MacLean has joined the Bank as Senior Vice President, Head of Technology Operations and Implementation.MacLean is a seasoned fintech leader with more...
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January 25, 2023, 07:06 AM
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Provident Bank released the results of its 2023 Economic Outlook Survey. The survey polled 1,000 small-to-medium-sized business owners and executives and explores predictions for 2023’s economic outlook in addition to measuring respondents' thoughts...
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January 13, 2023, 07:03 AM
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EagleBank, one of the largest community banks in the Washington, DC area, appointed Jay Namputhiripad as Chief Risk Officer, replacing Jeff Curry after his retirement this month. A 23-year veteran in the risk and compliance field, Namputhiripad will...
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January 10, 2023, 07:00 AM
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Summit Financial Group and PSB Holding Corp. announce the signing of a definitive merger agreement between Summit and PSB.Subject to the terms of the merger agreement, PSB shareholders will receive 1.2347 shares of Summit common stock for each...
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December 14, 2022, 07:05 AM
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F.N.B. Corporation successfully completed its acquisition of Greenville, North Carolina-based UB Bancorp, including its wholly-owned banking subsidiary, Union Bank (Union).As a result of the acquisition of Union, FNB has nearly $44 billion in total...
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December 14, 2022, 06:00 AM
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Bank of America named Jim Morehead President of Bank of America Seattle. The company also announced that Alex Yang will become Seattle Market Executive, replacing Jeremey Williams who was recently promoted to Community Relations Manager (CRM)...
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December 12, 2022, 07:17 AM
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Citizens Financial Group has been named Bank of the Year 2022 for the U.S. by The Banker, an outlet of The Financial Times, as part of the magazine’s annual global banking awards.In announcing the award, the magazine noted Citizens’ successful growth...
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December 08, 2022, 07:08 AM
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QuickFi was a finalist and was recognized as highly commended in the Best Use of IT for Lending award announced at the 2022 London Banking Tech Awards. Congratulations to J.P. Morgan for winning the category with its Pre-approved Lending Offers....
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December 05, 2022, 07:20 AM
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Newtek Business Services Corp. received conditional approval from Office of the Comptroller of the Currency (OCC) to complete its acquisition of the National Bank of New York City. Newtek announced last week that it received approval from the Federal...
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December 05, 2022, 07:16 AM
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NexBank Capital, Inc., a financial services company and parent company of NexBank, announced Rhett Miller has been promoted to Chief Banking Officer. Miller served as Chief Credit Officer since 2013 when he joined the company. In his new role, he...
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December 02, 2022, 07:10 AM
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TowneBank announced that Brad E. Schwartz, Towne’s President and Chief Operating Officer, will retire from the company on Dec. 31, 2022. Schwartz also plans to step down as a director of the company when his current term expires at the 2023 annual...
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November 29, 2022, 07:05 AM
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HBT Financial, Inc., the holding company for Heartland Bank and Trust Company, announced that Patrick F. Busch, Executive Vice President and Chief Lending Officer of the Company and President and Chief Lending Officer of Heartland Bank, will step...
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November 28, 2022, 07:16 AM
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Encore Bank announced Gary Edwards has been named Executive Vice President and Chief Audit Officer. Edwards steps in for Elizabeth Bradley, who has been promoted to Encore’s Executive Vice President and Chief Risk Officer.Edwards, who will be based...
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November 28, 2022, 07:00 AM
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Farmers & Merchants State Bank announced the appointment of Andy Baker as the Regional President for its Northern Indiana market. Lars Eller, President and Chief Executive Officer said, “Andy has a long and proven history of building markets and his...
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November 23, 2022, 07:20 AM
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The Washington Trust Company announced the expansion of its Connecticut presence with the opening of a Commercial Lending office in New Haven, adjacent to its Washington Trust Wealth Management office. The Bank also added three new Vice Presidents to...
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November 23, 2022, 07:10 AM
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First Foundation Inc., a financial services company with two wholly owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced that Chief Executive Officer, Scott F. Kavanaugh, has been named President of First...
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November 22, 2022, 07:15 AM
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WSFS Bank, the primary subsidiary of WSFS Financial Corporation announced that Steven J. Cunningham has been named Senior Vice President, Director of Small Business Administration (SBA) Sales, reporting to Candice Caruso, Senior Vice President, Chief...
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November 17, 2022, 07:12 AM
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North Easton Savings Bank welcomes Ralph Letner as its new Chief Lending Officer. With 36 years in the banking industry focused on supporting local and regional organizations, the Bank welcomes his significant experience as they gear up for further...
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November 11, 2022, 07:07 AM
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Rockland Trust added Slayton Purcell to its Asset Based Lending Team as Vice President, Relationship Manager. In his role, Slayton is responsible for managing a growing portfolio of clients while underwriting and building new relationships. Prior to...
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November 11, 2022, 07:00 AM
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Colony Bankcorp, Inc., the bank holding company for Colony Bank (the Bank), announced that Edward G. “Ed” Canup has been named Chief Revenue Officer and President of Banking Solutions. In this newly created position, Canup will be charged with the...
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November 08, 2022, 07:11 AM
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New York Community Bancorp, Inc. and Flagstar Bancorp, Inc. announced that NYCB has received regulatory approval from the Federal Reserve Board (the FRB) to complete its previously announced acquisition of Flagstar Bancorp, Inc. On Oct. 28, NYCB and...
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November 08, 2022, 07:05 AM
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Pinnacle Bank, headquartered in Gilroy, CA, announced Michael Khan has joined the bank as Executive Vice President, Senior Lending Officer.“We are pleased to welcome Michael Khan to the Pinnacle Bank family. Michael has over 20 years of lending...
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November 07, 2022, 07:18 AM
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In the 16 months between two U.S. Bank CFO surveys, finance leaders faced a wave of new challenges, from high inflation to the effects of the war in Ukraine. The 2022 U.S. Bank CFO Insights Report found that finance leaders’ priorities have shifted...
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November 02, 2022, 07:20 AM
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The national Citizens Business Conditions Index (CBCI) rose to 56.1 in the third quarter, regaining momentum after a drop in second quarter economic sentiment prompted by inflation concerns. This quarter’s score extends the index’s streak to eight...
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October 26, 2022, 07:15 AM
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Kapitus, a provider of financing to small and medium-sized businesses (SMBs), announced it has selected Mambu’s cloud banking platform as its technology foundation. Kapitus will leverage Mambu’s low-code, composable lending engine to achieve a faster...
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October 26, 2022, 07:00 AM
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MidWestOne Financial Group, Inc., parent company of MidWestOne Bank, announced its Board of Directors has named Charles (Chip) N. Reeves, 54, as its new Chief Executive Officer (CEO), effective Nov. 1. Reeves succeeds Charlie Funk, who is retiring...
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October 20, 2022, 07:20 AM
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Cadence Bank announced the launch of its new brand identity and corporate website, underscoring its continued commitment to helping people, companies and communities prosper and delivering on its brand promise of creating ease for customers.The...
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October 20, 2022, 07:00 AM
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Bank Rhode Island (BankRI) has appointed a new President and CEO. William C. Tsonos, who joined BankRI in 2006 and currently serves as the bank’s Executive Vice President, Director of Commercial Banking, will assume his new leadership position...
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October 18, 2022, 07:18 AM
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Citizens announced the appointment of Rebecca O’Connell as its New York City Metro Market Executive. In this capacity, she will represent Citizens throughout the region as the bank partners with customers, businesses and communities to help them...
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October 18, 2022, 07:15 AM
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JPMorgan Chase announced it is now able to accept government deposits in all 50 U.S. states. This milestone is significant because most states require or encourage banks to have a local branch presence to be eligible to receive or hold government...
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October 18, 2022, 07:05 AM
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Prosperity Bancshares, Inc., the parent company of Prosperity Bank, and Lone Star State Bancshares, Inc., the parent company of Lone Star State Bank of West Texas, headquartered in Lubbock, TX, jointly announced the signing of a definitive merger...
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October 17, 2022, 07:05 AM
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TD Bank announced Steve Boyle has been named Chief Operating Officer, a newly created position reporting to Leo Salom, President and CEO. Boyle will be responsible for scaling the bank’s operations to support its growth priorities, continuing the...
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October 13, 2022, 07:25 AM
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TowneBank announced the creation of new roles to lead its banking teams in Virginia and North Carolina. As part of its new board-approved leadership plan, Brian Skinner will become the President and Regional banking director for all markets in the...
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October 12, 2022, 07:09 AM
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Regions Bank announced the launch of a digital solution enabling Corporate Banking clients to send real-time payments through the RTP network from The Clearing House. The new real-time payments service is part of Regions’ iTreasury platform, which...
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October 12, 2022, 07:05 AM
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QuickFi is a finalist in the London-based 2022 Banking Tech Awards for three categories: Best Embedded Finance Initiative, Best Digital Initiative – Lending and Best Use of IT for Lending. The winning companies will be announced at the awards...
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October 10, 2022, 07:17 AM
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CIBC President and CEO Victor Dodig announced senior leadership appointments to further the bank's client-focused strategy.The following leadership changes are effective November 1, 2022:Mike Capatides, Senior Executive Vice-President and Group Head...
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October 07, 2022, 07:18 AM
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Brookline Bancorp Chairman & CEO Paul Perrault announced three key changes affecting leadership positions at Brookline Bancorp, Inc. and Bank Rhode Island, its Rhode Island subsidiary bank.After 13 years as the Company’s Chief Credit Officer, M....
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September 30, 2022, 07:23 AM
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David Jeter has been named Executive Director for BOK Financial’s Commercial Banking line of business. The line of business, which generally serves owner-managed companies and nonprofits with $5 million to $50 million in revenue, is one of the...
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September 29, 2022, 07:17 AM
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Provident Financial Services, the parent company of Provident Bank, and Lakeland Bancorp, Inc., the parent company of Lakeland Bank, announced that they have entered into a definitive merger agreement pursuant to which the companies will combine in...
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September 28, 2022, 07:22 AM
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Santa Cruz County Bank announced the future retirement of Executive Vice President and Chief Financial Officer, Vic Davis. Davis will continue to serve in his current role with the bank to support a successful transition to his successor.Davis' over...
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September 28, 2022, 07:17 AM
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Bridge Bank announced a significant expansion of its growing asset-based lending team, part of the bank’s Capital Finance Group.Seven recent hires support the ongoing buildout of monitoring support for the Capital Finance Group, which serves clients...
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September 22, 2022, 07:00 AM
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Wintrust Business Credit announced plans to expand its geographic reach from a regional provider to a national ABL platform.
Since its founding in 2008, WBC has provided best-in-class asset-based lending solutions with a focus on middle-market...
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September 20, 2022, 07:05 AM
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First Citizens Bank announced the official launch of its Middle Market Banking unit to support the financial needs and goals of midsize businesses across the Southeastern U.S. Headquartered in Charlotte, First Citizens Middle Market Banking is now...
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September 07, 2022, 07:20 AM
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BankFirst Capital Corporation, parent of BankFirst Financial Services, announced the signing of a definitive merger agreement with Mechanics Banc Holding Company, the parent company of Mechanics Bank, Water Valley, MI, under which BankFirst will...
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September 02, 2022, 07:18 AM
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CIT Bank, the national online bank, announced it has been ranked as No. 1 in the nation for humanizing the customer experience in an independent survey conducted by American Banker in partnership with Monigle, a brand experience agency.The survey...
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September 02, 2022, 07:05 AM
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WSFS Financial Corporation, the parent company of WSFS Bank, announced Kevin McKeown as Senior Vice President, Director of Healthcare Banking, reporting to Jim Wechsler, Senior Vice President, Chief Operating Officer, Commercial Banking. McKeown will...
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September 02, 2022, 07:03 AM
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Hampton Roads based TowneBank announced that its Board of Directors selected William (Billy) I. Foster, III to succeed J. Morgan Davis when he steps down as Chief Executive Officer on December 31, 2022. Davis, who plans to retire on March 31, 2023...
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August 30, 2022, 07:00 AM
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Citigroup Inc. announced that, as part of its continued efforts to reduce its operations and exposure in Russia, it will wind down its consumer banking and local commercial banking operations in the country. As part of the wind-down, Citi will also...
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August 26, 2022, 07:12 AM
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Sumitomo Mitsui Financial Group, Inc. (SMFG) announced it will strengthen its presence in the U.S. with a new digital consumer banking business. Jenius Bank will launch and operate as a new division of Manufacturers Bank, a California state-chartered...
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August 25, 2022, 07:11 AM
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First Republic Bank announced Neal Holland has been named Executive Vice President and Chief Financial Officer, and Olga Tsokova has been named Deputy Chief Financial Officer, effective Nov. 2. Tsokova will also continue to serve as Executive Vice...
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August 24, 2022, 07:20 AM
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Associated Bank announced new hires to its asset-based lending team. The asset-based lending team, under the leadership of Ray Temple who joined Associated Bank in September 2021, welcomes Keith Contole, John Todd, Jim Vargo and Mike Williams, who...
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August 24, 2022, 07:18 AM
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On Aug. 19, Karen Rojeski tendered a notice of her retirement as Executive Vice President and Chief Credit Officer of Patriot Bank, N.A., a wholly owned subsidiary of Patriot National Bancorp, Inc. effective Sept. 2, according to a filing with the...
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August 24, 2022, 07:07 AM
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Funding Circle, a leading online small business lending platform, and Farm Bureau Bank, a financial institution focused on serving members of the Farm Bureau and their neighbors in rural communities, have announced a partnership to provide capital to...
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August 15, 2022, 07:05 AM
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Horizon Bancorp, Inc. announced it named Thomas M. Prame as President of the company and its wholly owned subsidiary, Horizon Bank. The appointment is effective Aug. 15 and represents an important step in Horizon’s strategic expansion of its...
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August 04, 2022, 07:20 AM
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Byline Bancorp, the parent company of Byline Bank, announced that Thomas J. Bell, III, currently Senior Vice President, Treasurer, and a member of Byline’s executive leadership team, will succeed Lindsay Corby as Chief Financial Officer, effective...
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July 29, 2022, 06:50 AM
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North Shore Bank announced that its commercial banking team will expand with the hire of new vice president, Derek E. Wheeler, and business relationship specialist, Max Schommer. Wheeler and Schommer will manage and advise existing, new and potential...
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July 29, 2022, 06:45 AM
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Nano Banc announced the appointment of R. Scott Racusin as chief executive officer (CEO), Mary Lynn Lenz, as chairman of the board and Steven K. Buster, as board vice chair. The new additions will play an integral role in Nano Banc’s strategic plan...
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July 29, 2022, 06:00 AM
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Bank First Corporation, the holding company of Bank First, announced the signing of an Agreement and Plan of Merger with Hometown Bancorp, parent company of Hometown Bank, a Wisconsin state-chartered bank, under which Bank First has agreed to acquire...
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July 28, 2022, 06:00 AM
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Truist Financial Corporation announced that Dominica Groom Williams will join the company as head of diversity, equity and inclusion (DEI), effective today.Groom Williams will be responsible for leading bank-wide strategic inclusion and diversity...
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July 27, 2022, 07:02 AM
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Fifth Third Bank announced that Mark Hoppe, Chicago Region President, plans to retire at the end of the year following a distinguished 45-year career in the banking industry. Mark Heckler, senior commercial banker, will succeed him.Since joining...
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July 26, 2022, 07:00 AM
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First Business Bank has added Marcus Riccio as Assistant Vice President – Commercial Banking. Riccio has more than eight years of experience in finance and banking, along with over ten years of experience in sales and marketing. His main areas of...
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July 26, 2022, 05:00 AM
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American Challenger Development Corp., announced that it and Patriot National Bancorp (Patriot), the holding company for Patriot Bank, have mutually agreed to terminate their merger agreement, previously announced on November 14, 2021, under which...
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July 25, 2022, 06:07 AM
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FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” announced several leadership changes:
Matt Cornwell, who previously served as President of the Northwest Market which includes Arvada and Wheat Ridge...
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July 20, 2022, 07:05 AM
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First Citizens Bank announced its OneWest Bank division based in Southern California has completed its conversion to First Citizens’ operations and systems. This conversion integrates OneWest Bank customer accounts into First Citizens products and...
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July 19, 2022, 07:05 AM
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City National Bank has grown its Commercial Banking presence on the East Coast with the addition of nearly a dozen new bankers and now offers commercial, institutional, and nonprofit banking services throughout the region with an expanded focus on...
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July 18, 2022, 07:10 AM
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Reuters reported second quarter profits at large U.S. banks are expected to fall sharply from a year earlier on increased loan loss reserves, as the pandemic recovery gives way to a possible recession.To read the full Reuters report, click here.
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July 11, 2022, 07:25 AM
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Mars Bank’s Jennifer Klein was promoted to Assistant Vice President, Commercial Banking. Klein will be responsible for managing existing bank relationships as well as growing C & I and commercial real estate business for Mars Bank.“We’re excited that...
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July 11, 2022, 07:11 AM
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Alerus Financial Corporation announced it has completed the previously announced acquisition of MPB BHC, Inc., the bank holding company for Metro Phoenix Bank. Founded in 2007, Metro Phoenix Bank is the largest full-service community bank...
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July 11, 2022, 07:05 AM
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Regions Bank announced the establishment and continued business growth of a Commercial Corporate Finance (CCF) team that is connecting business leaders with specialized resources, insights, and guidance on opportunities including ownership...
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July 08, 2022, 07:15 AM
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Brookline Bank announced Carol Hansen has been named Senior Vice President, Relationship Manager in the bank’s Middle Market C&I Banking Group. She will be located at Brookline Bank’s Wakefield commercial banking office. Hansen has more than 20 years...
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July 01, 2022, 07:20 AM
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Craig Wanichek, CEO & President, announced the promotion of Matt Dynice to Senior Vice President, Credit Administrator at Summit Bank. He has over 20 years of commercial banking experience. He is highly skilled in Commercial and Industrial banking....
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July 01, 2022, 07:10 AM
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Centric Bank has promoted Christopher J. Bickel, Senior Vice President, Market Leader Main Line, to the new position of Commercial Revenue Officer, announced Patricia (Patti) A. Husic, President & CEO of Centric Bank and Centric Financial Corporation...
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June 29, 2022, 07:15 AM
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Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank announced the appointment of Roger Grossman as Senior Managing Director, Commercial Private Banker at Peapack-Gladstone Bank. Grossman is responsible for growing a portfolio of...
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June 29, 2022, 07:10 AM
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PlainsCapital Bank added Philip Ugalde, Jasmine Sadeghpour, and Daniel Wheeler as Senior Vice Presidents and Senior Commercial Loan Officers in its Houston market. Ugalde and Sadeghpour will serve clients from PlainsCapital’s office at 2925 Richmond...
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June 28, 2022, 06:39 AM
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BankFirst Capital Corporation, parent of BankFirst Financial Services (the Bank), announced the signing of a definitive merger agreement with Tate Financial Corporation, the parent company of Sycamore Bank, Senatobia, Mississippi (Sycamore Bank)...
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June 24, 2022, 07:12 AM
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Cohn & Dussi, LLC, a full-service, Boston-based law firm, announced it has joined the Massachusetts Bankers Association (MBA).For more than 25 years, Cohn & Dussi has represented business clients in practice areas that include collection on breach of...
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June 23, 2022, 07:16 AM
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IDB Bank, a New York-based private and commercial bank, announced the appointment of Daniel Roberts as its new Chief Risk Officer (CRO). In his role, Roberts will be responsible for overseeing and maintaining the bank's capacity to identify, measure...
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June 17, 2022, 07:18 AM
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VersaBank, a leader in digital banking and cyber security solutions, announced that, through its wholly owned U.S. subsidiary, VersaHoldings US Corp., it has signed a definitive agreement to acquire Minnesota-based Stearns Bank Holdingford, N.A....
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June 15, 2022, 07:16 AM
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Signature Bank appointed five private client banking teams throughout the metropolitan New York area as well as a group director assigned to an existing team.John Madigan was named Managing Group Director, leading a team of six, all of whom joined...
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June 13, 2022, 07:11 AM
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Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank announced the promotion of Lisa Ciampi, CPA to Senior Vice President, Managing Principal, Head of Operations at Peapack-Gladstone Bank. Ciampi is responsible for the oversight and...
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June 10, 2022, 07:15 AM
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Trustmark National Bank, a wholly owned subsidiary of Trustmark Corporation, announced Duke Hinds has joined Trustmark as Director of Commercial Banking, and will be responsible for Trustmark’s commercial products and sales strategy. He joins...
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June 10, 2022, 07:09 AM
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First Business Bank welcomed back Craig Cerbins as Vice President – Commercial Banking in its Southeast Wisconsin office. “We’re delighted to have Craig back on our team,” said Kevin Kane, President of First Business Bank’s Southeast Wisconsin market...
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June 08, 2022, 07:19 AM
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Fieldpoint Private, a fast-growing private banking firm serving entrepreneurs, families, businesses and institutions, announced four additions to its client-facing team in the Atlanta, Orlando-Winter Park and New York City offices. The firm welcomed...
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June 03, 2022, 07:15 AM
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Leader Bank announced that Matthew Pierce has been promoted to the position of Chief Lending Officer."Matthew has been an important partner for our entire team since his first day at Leader Bank," said Sushil Tuli, Chairman and CEO of Leader Bank....
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May 25, 2022, 07:09 AM
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Fulton Financial Corporation announced that both the Federal Reserve Bank of Philadelphia and the Pennsylvania Department of Banking and Securities have approved the respective applications by Fulton to acquire Prudential Bancorp, Inc. and...
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May 24, 2022, 07:15 AM
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Longtime First Community Bank employee, Dwight Ford, has been promoted to Executive Vice President, Chief Lending Officer. In his new role, he will lead and direct the institution's overall loan portfolio. With 27 years of experience in banking, Ford...
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May 24, 2022, 07:12 AM
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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”...
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May 20, 2022, 07:11 AM
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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...
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May 20, 2022, 07:09 AM
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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...
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May 20, 2022, 07:00 AM
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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...
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May 17, 2022, 07:13 AM
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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...
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May 12, 2022, 07:12 AM
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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...
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May 11, 2022, 07:05 AM
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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...
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May 10, 2022, 07:14 AM
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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...
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May 06, 2022, 07:20 AM
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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...
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May 05, 2022, 07:05 AM
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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...
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May 04, 2022, 07:10 AM
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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...
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April 29, 2022, 07:30 AM
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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...
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April 28, 2022, 07:19 AM
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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...
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April 27, 2022, 07:05 AM
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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...
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April 25, 2022, 07:18 AM
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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...
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April 22, 2022, 07:24 AM
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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...
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April 19, 2022, 07:19 AM
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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...
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April 05, 2022, 07:05 AM
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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...
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April 04, 2022, 07:12 AM
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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...
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March 23, 2022, 07:25 AM
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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...
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March 21, 2022, 07:10 AM
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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...
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March 15, 2022, 07:18 AM
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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...
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March 10, 2022, 07:11 AM
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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...
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March 09, 2022, 07:15 AM
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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...
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March 04, 2022, 07:15 AM
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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...
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March 02, 2022, 07:18 AM
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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-...
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March 01, 2022, 07:06 AM
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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...
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February 28, 2022, 07:25 AM
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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...
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February 04, 2022, 07:19 AM
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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...
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February 03, 2022, 07:11 AM
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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...
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February 01, 2022, 07:10 AM
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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...
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January 19, 2022, 07:18 AM
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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...
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January 13, 2022, 07:05 AM
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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...
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December 21, 2021, 07:15 AM
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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...
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December 08, 2021, 07:23 AM
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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...
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November 22, 2021, 07:17 AM
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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...
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November 11, 2021, 07:07 AM
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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...
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October 29, 2021, 07:20 AM
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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...
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October 28, 2021, 07:24 AM
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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...
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October 28, 2021, 07:15 AM
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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...
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October 18, 2021, 07:22 AM
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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...
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October 13, 2021, 07:20 AM
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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...
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October 12, 2021, 07:15 AM
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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...
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September 24, 2021, 07:19 AM
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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...
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September 22, 2021, 07:05 AM
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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...
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September 13, 2021, 07:23 AM
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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...
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September 01, 2021, 07:22 AM
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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...
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August 20, 2021, 07:00 AM
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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...
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August 18, 2021, 07:33 AM
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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...
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August 18, 2021, 07:31 AM
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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...
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August 18, 2021, 06:00 AM
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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...
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August 11, 2021, 07:09 AM
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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...
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August 06, 2021, 07:00 AM
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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...
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August 03, 2021, 07:12 AM
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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...
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July 13, 2021, 07:15 AM
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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...
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June 25, 2021, 07:25 AM
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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...
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June 17, 2021, 05:42 AM
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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...
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June 10, 2021, 07:21 AM
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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...
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March 30, 2021, 07:17 AM
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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...
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March 30, 2021, 07:15 AM
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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...
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March 23, 2021, 07:15 AM
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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...
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December 21, 2017, 07:07 AM
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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...
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February 17, 2017, 07:02 AM
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