The Board of Directors of Renasant Corporation implemented the next step of the Company’s management succession plan, designating Kevin D. Chapman to become Chief Executive Officer of the Company and Renasant Bank effective May 2025. Chapman will... Read Story

Peapack-Gladstone Financial Corporation and Peapack Private, a division of Peapack-Gladstone Bank, announced that Greg Tamberlane has been appointed as Senior Vice President, Head of Commercial Bank Operations New York, continuing to lead the... Read Story

First Business Bank announced Paige Runyard’s promotion to Assistant Vice President – Senior Credit & Portfolio Manager within its Accounts Receivable Financing team, part of First Business Specialty Finance, LLC. In this position, Runyard manages a... Read Story

Corporate treasury departments are going paperless, and sooner than you might think, according to a new survey of more than 200 treasury executives conducted by Citizens. In fact, 94 percent of respondents who use checks today expect their company to... Read Story

WSFS Bank has hired Brooke Moyer as Senior Vice President and Director of Loan Syndications, reporting to Jim Gise, Senior Vice President, Middle Market, Syndications and Capital Markets.In his role, Moyer will be responsible for arranging, pricing... Read Story

First Horizon Corporation announced Thomas Hung, Executive Vice President, Head of Franchise Finance, will be named Senior Executive Vice President, Chief Credit Officer, effective Oct. 1, 2024. Hung will succeed Susan Springfield, Senior Executive... Read Story

New York Community Bancorp appointed four distinguished leaders to its executive management team, effective immediately. These strategic appointments signify the Company's commitment to enhancing its operational capabilities, fortifying its risk and... Read Story

First Horizon Corporation announced Tracy Bell has been promoted to the Chief Investment Officer of First Horizon Advisors Inc., the Wealth Management subsidiary of First Horizon.In this role, Bell will lead the First Horizon Advisors investment team... Read Story

Bloomberg reported that Citigroup named Shane Azzara as sucessor to Shapleigh Smith as head of asset-based and transitional finance. According to the Bloomberg report, Azzara has worked at Citi for nearly 30 years and was promoted to managing... Read Story

Provident Financial Services, the parent company of Provident Bank, and Lakeland Bancorp, the parent company of Lakeland Bank, received regulatory approval from the Board of Governors of the Federal Reserve System for Provident and Lakeland to... Read Story

BlackRock and Santander announced that funds and accounts managed by BlackRock will provide financing on a $600 million diversified portfolio of infrastructure credit across communications, energy, power and transportation sectors via a structured... Read Story

First Horizon Corporation has named Martin de Laureal as President of First Horizon Advisors, Inc. the Wealth Management subsidiary of First Horizon, and head of Private Banking for the company. In his new role, de Laureal's responsibilities include... Read Story

BHI, the U.S division of Bank Hapoalim, has appointed Jacob (JJ) Weinstein as Head of CRE and Healthcare.  Weinstein will report directly to CEO, Gil Karni, and join the BHI Executive Team.  Weinstein has extensive knowledge of the real estate... Read Story

Banc of California, a wholly owned subsidiary of Banc of California, promoted several leaders in Community Banking, which provides in-market relationship lending and treasury management solutions through its network of branches and regional... Read Story

Customers Bank onboarded 10 experienced commercial and business banking teams in New York, California and Nevada. The hiring drive is expected to accelerate the Bank’s deposit growth potential and represents significant investment in its Single Point... Read Story

Peapack-Gladstone Financial Corporation and Peapack Private, a division of Peapack-Gladstone Bank, continue to move into New York City with the hiring of Andrew F. Corrado and more than 10 teams of commercial and private bankers. Corrado, fresh off... Read Story

FirstBank recently 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... Read Story

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... Read Story

U.S. Bank has teamed up with Levantor Capital to expand flexible working capital financing options for U.S. Bank clients.U.S. Bank offers a wide range of risk management and financing solutions to help firms improve their working capital along supply... Read Story

Peapack-Gladstone Financial Corporation, a division of Peapack-Gladstone Bank, announced that Joanne Gagliardi has joined its commercial banking team as a Senior Managing Director.  With the Bank’s expanded footprint in New York City, Gagliardi joins... Read Story

Private equity entered 2024 ready to shop, and a study released by Citizens reveals many business leaders may be open to making a deal.Nearly three quarters (72%) of small- and mid-size businesses in the U.S. view the private equity industry as a... Read Story

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... Read Story

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... Read Story

TAB Bank has appointed Justin Hatch as its Chief Lending Officer, effective immediately. In his new role, Hatch will oversee the lending activities of TAB Bank’s working capital lending products, including asset-based lending, factoring, lending... Read Story

J.S. Held reveals the “Lending Climate in America” survey results from Phoenix Management, a part of J.S. Held. The first quarter survey results highlight concern about the outcome of the upcoming Presidential election and increased uncertainty... Read Story

Western Alliance Bank announced the appointment of Katie McDowell and Jon VanDerMeid to the organization’s Commercial and Industrial Banking team. McDowell assumes the role of Senior Vice President, Relationship Manager to support the organization’s... Read Story

Webster Financial Corporation, the holding company for Webster Bank and its HSA Bank division, announced that after 13 years with the Company, Glenn MacInnes intends to retire from his role as Executive Vice President and Chief Financial Officer... Read Story

MUFG Investor Services U.S., the U.S. asset servicing arm of Mitsubishi UFJ Financial Group, announced the launch of its professional services group. This move underscores the company's commitment to delivering unparalleled service and game-changing... Read Story

Peapack-Gladstone Financial, the holding company for Peapack-Gladstone Bank and its Investment Banking division, Peapack Private Investment Banking, anounced its participation in the transition of Super Stud Building Products Inc. and affiliates... Read Story

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... Read Story

KeyCorp announced a forward flow origination partnership with Blackstone Credit & Insurance focused on Key's Specialty Finance Lending (SFL) group. SFL is a leading asset-based lender serving clients nationally across middle market, growth capital... Read Story

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... Read Story

WSFS Bank hired 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 develop a team of... Read Story

PNC Bank announced Michael Thomas has been named head of Corporate & Institutional Banking (C&IB). Based in Pittsburgh, Thomas will report to Michael P. Lyons, president. Thomas succeeds Lyons in the role, after Lyons was appointed President Feb. 20.... Read Story

HSBC announced the appointment of Andrew Fullam as Chief Financial Officer (CFO) for the U.S. and Americas.In this role, he will be responsible for the region’s financial operations, including accounting, regulatory reporting, stress testing and... Read Story

Sumitomo Mitsui Banking Corporation (SMBC) has appointed Mark Corteil as Chief Risk Officer for the Americas Division.In this role, Corteil will serve on the Americas executive team and lead the firm in developing and maintaining a robust risk... Read Story

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... Read Story

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... Read Story

Following the decision of TAB Bank President and CEO Rick Bozzelli to retire, the Board of Directors has appointed Austin Strong, Chief Strategy Officer, as the new CEO and Tyler Heap, Chief Credit Officer, as President. This dual leadership... Read Story

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... Read Story

First Horizon Corporation has promoted Ashley Argo to Deputy Chief Risk Officer. Argo has held multiple roles in her 19-year tenure with First Horizon Bank in various departments including Accounting, Credit and Risk Management."Ashley has... Read Story

Wells Fargo announced that Doug Braunstein will join the company as Vice Chairman, effective February 28. Braunstein brings a broad set of financial services experiences to Wells Fargo, with particular expertise in serving as an advisor to boards and... Read Story

Viswas (“Vis”) Raghavan will join Citi as Head of Banking and Executive Vice Chair of Citi, reporting to Citi Chief Executive Officer Jane Frazer, according to a Note to Colleagues posted on the Citi website. Fraser stated the following in a letter... Read Story

Oxford Commercial Finance (OCF), a subsidiary of Oxford Bank ("the Company"), announced strategic leadership changes aimed at providing enhanced strategic direction and oversight as the company continues to expand and evolve. Current OCF President... Read Story

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... Read Story

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and nearly $7 billion in assets, announced that it was the lead bank in a $45 million participation loan for Modera Wealth Management, LLC (Modera)’s transaction... Read Story

Western Alliance Bank announced the appointment of Bret Rathwick and Michael Anthony to the organization’s Commercial and Industrial team. Rathwick assumes the role of Vice President, Relationship Manager at Western Alliance Bank’s Costa Mesa office... Read Story

The PNC Financial Services Group announced that its Board of Directors has unanimously appointed Michael P. Lyons President of the corporation and its wholly owned banking subsidiary, PNC Bank, effective immediately.Lyons will report to William S.... Read Story

Truist Financial Corporation reached a definitive agreement to sell its remaining stake in Truist Insurance Holdings ("TIH"), a subsidiary of Truist and the fifth largest insurance brokerage in the United States, to an investor group led by private... Read Story

PNC Private Bank appointed David Key to lead its Houston-based team. Key will oversee a local team that specializes in providing wealth strategy, investment management, trust & estate services and credit & cash management solutions to high and... Read Story

First Business Bank announced Eric Schremp’s promotion to Vice President, Commercial Banking.Schremp has over 10 years of commercial banking experience primarily serving family businesses and closely held companies of all sizes. He joined First... Read Story

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... Read Story

TD Bank has named Don Baker Commercial Market President of Northern New England. In this expanded role, Baker will lead the commercial and small business banking teams in Maine, New Hampshire and Vermont.“Don is a well-respected and deeply... Read Story

Citizens Financial Group announced that Brendan Goode will assume the role of Chief Security Officer, effective April 29, 2024. Upon assuming the CSO role, Goode will report to Michael Ruttledge, CIO and Head of Enterprise Technology & Security. He... Read Story

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... Read Story

PlainsCapital Bank recently announced that Andrew Cunningham, CFA®, CMT®, ChFC® has been named Senior Vice President, Chief Investment Officer of The Private Bank at PlainsCapital. Cunningham succeeds Richard Wyatt, who retired at the end of 2023... Read Story

CIBC announced the promotion of Brandon Barr to Asset-based Lending (ABL) Group Head. In this new role, Barr is responsible for providing strategic guidance on portfolio related matters and evaluating new business segments, in addition to managing... Read Story

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, provided the Melrose Affordable Housing Corporation (MAHC) with a 30-year, $500,000 commercial mortgage loan. The MAHC is a local... Read Story

JPMorgan Chase announced new and increased responsibilities for a number of key executives that will build upon the company’s successes and continue to position the firm for the future. Jennifer Piepszak, Co-Chief Executive Officer of Consumer and... Read Story

FTI Consulting announced the findings of its 2024 Leveraged Loan Market Survey, which offers insight into bank and non-bank lenders’ perspectives on the U.S. loan industry and highlights expectations for leveraged credit market conditions in the year... Read Story

Citi and LuminArx Capital announced the launch of Cinergy, a strategic financing vehicle in the rapidly growing private lending market. Launched by LuminArx Capital, Cinergy will offer a broad range of private credit solutions to companies, including... Read Story

First Business Bank's Accounts Receivable Financing team funded a $5 million ledgered line Factoring facility to a client operating as a carrier in the transportation sector. The facility includes an additional $5 million accordion piece for future... Read Story

First Citizens BancShares announced that Gregory L. Smith has joined the company as an executive officer and Chief Information & Operations Officer (CIOO) for BancShares and its subsidiary, First-Citizens Bank & Trust Company ("First Citizens Bank").... Read Story

First Citizens Bank's Middle Market Banking group has named April Chow and Marc Einerman as managing directors and relationship managers dedicated to supporting business growth. Chow will serve the Southern California market and will be responsible... Read Story

Peapack-Gladstone Financial and Peapack-Gladstone Bank appointed Philip Prudenti, CAMS as Vice President, Head of KYC and Client Onboarding at Peapack-Gladstone Bank. He joins the Company’s experienced team of risk and compliance professionals... Read Story

Peapack-Gladstone Financial and Peapack-Gladstone Bank announced the appointment of Rich Johnston as President, Peapack Capital, a subsidiary of the Bank, which focuses on equipment finance and leasing.  Johnson is now responsible for overseeing all... Read Story

First Business Bank added Cooper Wage to its Southeast Wisconsin office as Vice President – Commercial Banking.Wage joins First Business Bank with over 12 years of commercial banking experience. He focuses on helping privately held businesses within... Read Story

Bank of America has named Naveed Shujaat President of Bank of America Central Florida. He succeeds Steve Alch, who has decided to step away from the role after nearly a decade to focus on his leadership position as Merrill Southeast Division... Read Story

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... Read Story

Mitsubishi HC Capital America announced that 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... Read Story

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... Read Story

Barclays has appointed Ryan Voegeli as Head of Investment Banking for Canada. Voegeli will be based in Toronto.Voegeli has twenty years of investment banking experience, and joins Barclays from CIBC Capital Markets where he was Head of Global... Read Story

Western Alliance Bank announced Lynne Biggio Herndon has been appointed as the bank’s new Chief Credit Officer."We are excited to welcome Lynne to the Western Alliance team," said Ken Vecchione, President and Chief Executive Officer of Western... Read Story

Joseph R. Williams, President and CEO of County National Bank (CNB) in Michigan, announced the recent additions of Matt Chrome as Vice President – Chief Credit Officer and Rachel Garrett as Branch Manager of its Horton Road office in Jackson.Chrome... Read Story

BCB Bancorp, 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 Officer... Read Story

First Business Bank was selected as Winner in the category of Business Bank in the IB Executive Choice Awards.The IB Executive Choice Awards honor local business excellence in 38 business categories. Winners and finalists are selected by members of... Read Story

1st Capital Bancorp, holding company and parent company of 1st Capital Bank, appointed Joel Keller to Executive Vice President and Chief Financial Officer.Chief Executive Officer Samuel Jimenez announced today that Joel Keller has been named... Read Story

PlainsCapital Bank announced that Larry Smith has joined The Private Bank at PlainsCapital as Senior Vice President and Senior Portfolio Manager. “We are pleased to welcome Larry to The Private Bank and believe his expertise will greatly benefit our... Read Story

Provident Financial Services, the parent company of Provident Bank, and Lakeland Bancorp, the parent company of Lakeland Bank, announced the two companies have agreed to extend their merger agreement to March 31, 2024, to provide additional time to... Read Story

Fulton Financial Corporation has named Angela Snyder President of Fulton and Fulton Bank and a director of Fulton Bank, effective Jan. 1, 2024.“Angela is an incredible asset to our organization,” said Fulton Chairman and CEO Curt Myers. “She has... Read Story

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... Read Story

First Citizens Bank announced that its Equipment Finance business has named Joy Shanks as senior vice president and head of business development dedicated to supporting and growing equipment finance vendor acquisition business. Shanks will be... Read Story

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... Read Story

BMO, a leading lending-partner to U.S. wineries, has formed the U.S. Wine Industry Partnership in collaboration with business intelligence firm WineBusiness and bw166, a top market research firm focused on the wine industry. The U.S. Wine Industry... Read Story

A notable increase in concerns over risk management and regulatory compliance issues headlines key challenges facing U.S. banks, credit unions and other lenders, according to the results of the 2023 Regulatory & Risk Management Indicator survey... Read Story

TD Bank Group announced changes to its Senior Executive Team, that reflect the strength of the Bank's leadership bench.Ray Chun becomes Group Head, Canadian Personal Banking, effective immediately. Most recently, Chun served as Group Head, Wealth... Read Story

Wells Fargo named Darlene Goins as head of Philanthropy and Community Impact and President of the Wells Fargo Foundation. She will be responsible for the company’s philanthropic strategy in housing access and affordability, financial health, small... Read Story

USCB Financial Holdings, Inc., the holding company for U.S. Century Bank, announced William “Bill” Turner, a bank executive with more than 35 years of credit experience, has been named the Bank’s new Executive Vice President and Chief Credit Officer.... Read Story

Carrie Goldfeder, a seasoned credit executive with over 25 years of credit and corporate finance experience across all facets of loan production, credit performance and portfolio management, has joined Old National Bank, the wholly-owned banking... Read Story

First Citizens Bank announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management LLC, served as administrative agent on a $75 million revolving credit facility for Stella & Chewy's. Headquartered in Oak Creek... Read Story

Mitsubishi UFJ Financial Group (MUFG) announced Geoff Paul has joined the bank as Managing Director and Head of Equity Capital.In this newly created role, Paul will be responsible for developing MUFG's Equity Private Placements (EPP) business... Read Story

Wells Fargo announced that Clay Hale has joined the Corporate & Investment Bank (CIB) as co-head of Equity Capital Markets (ECM) within the Banking division. He will co-lead the ECM team alongside Jill Ford, who joined the Company in September of... Read Story

TD Bank Group announced the significant expansion of its Global Financial Institutions ("FIG") Investment Banking coverage in the US as well as other product areas, including Equity Sales, Equity Capital Markets, Debt Capital Markets, and Equity... Read Story

First Citizens Bank's Middle Market Banking business has named Nathan Pusey as managing director and Northeast market executive and John Tyson as managing director and relationship manager. Both will be based in Boston to support the expansion of... Read Story

Following the announcement of Kenneth Kaestner’s appointment to Lakeland’s Asset Based Lending team in October, the Bank is proud to announce Diane Williams has also joined the team serving as Vice President, Senior Relationship Manager.Williams... Read Story

Huntington National Bank has expanded its Huntington Business Credit team with the addition of a Washington, D.C.-based group focused on asset-based lending in the healthcare industry. Huntington Business Credit provides companies with working... Read Story

Fifth Third has been named “Bank of the Year” for the U.S. 2023 by The Banker. This annual award program recognizes industry-wide excellence within the global banking community.“Congratulations to Fifth Third Bank for outshining the competition to... Read Story

First Citizens Bank's Asset-Based Lending business, part of the bank’s Commercial Finance group, served as co-collateral agent on $75 million in financing for branded consumer products company Turning Point Brands Inc.Based in Louisville, Kentucky... Read Story

Cadence Bank closed the previously disclosed sale of its insurance operations, Cadence Insurance, Inc., to Arthur J. Gallagher & Co. for $904 million in cash, subject to customary purchase price adjustments. The transaction strategically positions... Read Story

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... Read Story

Sumitomo Mitsui Banking Corporation (SMBC), a member of SMBC Group, announced that Paul Burke has joined the firm to lead a newly created Capital Solutions Group.Based in New York, Burke will work across the SMBC Americas Division banking businesses... Read Story

Wells Fargo announced its formal plans to expand its Hudson Yards office footprint and create a better, more collaborative employee experience with the purchase of additional space at Hudson Yards. This transaction represents a significant investment... Read Story

Banc of California and PacWest Bancorp jointly announced that, at their respective special meetings of stockholders, they each received the necessary stockholder approval for the proposed combination of Banc of California and PacWest. The final... Read Story

TD Bank announced Mike Nursey has been named its North Florida Commercial Market President to support continued growth efforts in the region, which includes the greater Orlando, Tampa/St. Petersburg, Jacksonville, Gainesville, Ocala, Daytona... Read Story

First Bank, the wholly owned subsidiary of First Bancorp and the largest North Carolina headquartered community bank, announced changes to its executive leadership structure in order to more effectively execute its strategic vision. Effective... Read Story

First Financial Northwest, the holding company for First Financial Northwest Bank, announced Dalen D. Harrison was promoted to Executive Vice President and Chief Banking Officer of the Bank.The promotion is in recognition of the breadth and depth of... Read Story

Associated Bank announced the appointment of Phillip Trier as the company's Executive Vice President, Commercial Banking Group Leader. In his new role, Trier will focus on accelerating core Commercial Middle Market business development across the... Read Story

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... Read Story

Truist Financial Corporation announced continued progress in the company's transformation journey with the creation of a chief operating officer position, the naming of a new chief consumer & small business banking officer and the hiring of a new... Read Story

First Citizens Bank announced that its Middle Market Banking business has named Matthew Tollenaer as a managing director and market leader dedicated to originating and cultivating business in Atlanta and the surrounding region.Tollenaer will be... Read Story

Funding Circle announced Customers Bank is expanding its digital SMB lending capabilities through Funding Circle’s embedded Lending as a Service (LaaS) platform.The agreement allows Customers Bank to embed Funding Circle's end-to-end digital lending... Read Story

City National appointed Howard Hammond as CEO. Kelly Coffey has been named CEO, City National Entertainment. Both appointments are effective Nov. 27.Hammond brings to City National more than 30 years of financial services experience, including 15... Read Story

Farmers & Merchants Bank of Long Beach announced key changes to its executive management team and promotions to new roles, reinforcing the bank’s strategic vision and next stage of growth and development. The transition marks the culmination of F&M’s... Read Story

Associated Banc-Corp announced plans for the next phase of the company's people-led, digitally enabled strategic plan. These plans include a series of investments in people, products and technology intended to grow and remix the loan portfolio... Read Story

Small business loan approval percentages at big banks ($10 billion+ in assets) decreased again from 13.1% in September to 13% in October, according to the latest Biz2Credit Small Business Lending Index released.“Small business lending has been on a... Read Story

Versana announced that industry veterans Christine Scaffidi and Christopher Fonte have joined the company as Head of Product and Head of Sales, respectively, reporting directly to Cynthia Sachs, Founding CEO. Each brings decades of valuable banking... Read Story

Western Alliance Bank announced that Craig Hirson has been appointed as the organization’s Commercial Banking Market Executive for Greater Los Angeles and Orange County.“Craig’s expertise in the greater Los Angeles and Orange County markets will... Read Story

Valley National Bank hired Robert Danziger, a 30-year corporate finance veteran, as Managing Director, First Senior Vice President, and Head of the Bank’s Syndicated Finance business. Based both in New York and at Valley’s headquarters in Morristown... Read Story

PNC Bank announced Kate Kelly will retire from PNC as Regional President for the Twin Cities region Dec. 15. Succeeding Kelly is Kelly McQueen, an experienced banking executive. McQueen will be a dual role leader as the bank’s Twin Cities Regional... Read Story

Mitsubishi HC Capital America announced it is expanding its franchise solutions to leverage new growth opportunities. The company is extending its reach into brick-and-mortar franchises in the health and wellness, recovery, and sports performance... Read Story

KeyBanc Capital Markets ("KBCM"), the corporate and investment banking arm of KeyCorp, announced the appointment of Ben Rechkemmer to head of Native American Financial Services (NASF). Rechkemmer is based in Michigan and will report to Mike Jackson... Read Story

Horizon Bank announced the formation of a new equipment finance division to be led by Joel Mikolich as the division President. The new division will provide business equipment financing solutions to small and medium sized businesses nationwide, while... Read Story

Wells Fargo announced that its Vice Chairman, Thomas R. Nides, has decided to leave the company to return his attention to events in the Middle East. Nides joined the company in September after retiring in July as U.S. Ambassador to Israel, a post he... Read Story

Old National Bancorp and CapStar Financial Holdings, Inc. jointly announced they have entered into a definitive merger agreement for Old National to acquire CapStar in an all-stock transaction. Combining the two organizations will strengthen Old... Read Story

River City Bank's President and CEO Steve Fleming announced the restructure of the bank's risk management department, which will be implemented Nov. 1, 2023. The reorganization will create a completely independent internal audit department... Read Story

The Board of Directors of Morgan Stanley announced that Co-President Edward (Ted) Pick will become the Firm’s Chief Executive Officer, effective January 1, 2024. James Gorman will become Executive Chairman. Mr. Pick will also join Morgan Stanley’s... Read Story

Regions Financial announced that, following a 34-year career in the financial services industry, Ward Cheatham will retire as head of Corporate Specialized Banking and a member of Regions’ Executive Leadership Team at the end of 2023. Regions’... Read Story

Merchants Financial Group announced year-to-date net income through the third quarter of $20.1 million according to MFGI President & CEO Gregory M. Evans.As a result of continued strong performance, the MFGI Board of Directors authorized a semiannual... Read Story

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $6 billion in assets, announced the appointment of Michael Richardson to the role of Vice President, Relationship Manager, on the Asset-Based... Read Story

Western Alliance Bank announced Dillan Knudson has been appointed as the organization’s Head of Commercial Banking for Arizona.“Dillan brings outstanding depth and breadth of experience in the region to this role,” said Ken Vecchione, President and... Read Story

Cadence Bank entered into a definitive agreement to sell its insurance operations, Cadence Insurance, Inc., to Arthur J. Gallagher & Co. for $904 million in cash1. Key Highlights: Sale of Cadence Insurance, Inc., the second largest bank-affiliated... Read Story

First Internet Bank announced that Joseph Reynolds has joined the organization as Vice President, Senior Business Development Officer. His broad-based financial services background further enhances the experience and expertise of the Bank’s Small... Read Story

Santander Bank recently unified its commercial & industrial business and its commercial real estate & vehicle financing business into one Commercial Bank in the United States under the leadership of Michael Lee. Lee joined Santander in 2009, and most... Read Story

Citizens Financial Group announced the national launch of Citizens Private Bank, a significant milestone in Citizens’ long-term strategy to accelerate growth in Wealth Management, improve capabilities in the high-net-worth segment and expand in key... Read Story

Banc of California and PacWest Bancorp announced that the Board of Governors of the Federal Reserve System granted its approval of the previously announced combination of Banc of California and PacWest and their respective bank subsidiaries, Banc of... Read Story

Citizens announced the appointment of Mark Valentino as Head of Business Banking and Witt Nicholson as Head of Consumer Strategy.Valentino, who will be based in Massachusetts, is rejoining Citizens from LA Downtown Medical Center, a three-campus... Read Story

Natixis Corporate & Investment Banking announced the appointment of Bhaswar (Joy) Chatterjee as Global Head of Real Assets and Global Trade Syndicate.In his new role, Chatterjee will have a particular focus on loan distribution for Infrastructure &... Read Story

Laurentian Bank announced new appointments and expanded mandates for its leadership team to deliver on the Bank's renewed focus to be closer and more accountable to its customers. These appointments are also the outcome of the Bank's formal... Read Story

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... Read Story

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... Read Story

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... Read Story

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.... Read Story

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... Read Story

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... Read Story

Citi as agreed to sell its onshore consumer wealth portfolio in China, including clients, assets under management (AUM) and deposits to HSBC Bank China.  HSBC plans to extend offers to in-scope employees supporting Citi's local consumer wealth... Read Story

Green Dot Corporation, a leading digital bank and fintech committed to powering consumers and businesses with seamless and affordable banking and payment tools, appointed Michelleta (“Mich”) Razon to its Board of Directors, effective immediately.“Ms.... Read Story

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... Read Story

Mitsubishi UFJ Financial Group announced the hiring of three seasoned relationship professionals within its Growth & Middle Market Technology team, aimed at bolstering the bank's continued expansion into the pre-IPO growth and middle-market public... Read Story

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... Read Story

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... Read Story

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... Read Story

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... Read Story

Bank of America named Tyrone Noel as President of Bank of America Hampton Roads. As President, Noel will be head of the market and responsible for connecting clients, teammates and communities to the full power of the franchise, driving integration... Read Story

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... Read Story

WSFS Financial Corporation announced its Global Capital Markets team’s expansion into the Collateralized Loan Obligations (CLO) market. To support this expansion, the Company is adding new team members with expertise in CLOs."We are excited to expand... Read Story

Natixis Corporate & Investment Banking (Natixis CIB) announced the hiring of Asif Khan as Managing Director, Head of Structured Credit Capital Markets within the Global Markets Americas team. He will report to Emmanuel Issanchou, Head of Global... Read Story

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... Read Story

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... Read Story

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... Read Story

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... Read Story

Texas Capital Bancshares, the parent company of Texas Capital, has appointed Amos McDonald as head of Business Banking, effective immediately. McDonald is based in The Woodlands, Texas, and is responsible for setting and driving production goals... Read Story

Regions Financial Corp. announced Chief Risk Officer Matt Lusco will retire at the end of 2023 following a nearly 45-year career in risk, finance, auditing, and accounting roles. Russell Zusi has been named to succeed Lusco effective Jan. 2... Read Story

Standard Chartered Americas entered a trade finance partnership with Truist Bank that will enhance Truist clients’ ability to conduct global business.Through this strategic partnership, Truist Bank and Standard Chartered aim to create a seamless and... Read Story

U.S. Bank announced that strategy and marketing executive Kai Sakstrup has been named chief product officer for its Wealth, Corporate, Commercial and Institutional Banking (WCIB) division. Beginning Oct. 1, Sakstrup will lead a cross-functional team... Read Story

Dave, one of the nation’s leading neobanks, amended its existing Delayed Draw Senior Secured Loan Facility with Victory Park Capital Advisors (“VPC”), effective September 13, 2023.The amendment to the Credit Facility accomplishes the... Read Story

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... Read Story

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... Read Story

Barclays announced the appointment of Christian Oberle as Head of Americas Financial Sponsors Group. Mr. Oberle will be based in New York and report to Jean-Francois Astier, Global Head of Financial Sponsors Group. Mr. Oberle has close to 20 years of... Read Story

Peapack-Gladstone Financial Corporation and Peapack Private, a division of Peapack-Gladstone Bank, announced the appointment of Klaudio Nikolla, Senior Managing Director, Commercial Private Banker. Nikolla joins a team of commercial and industrial... Read Story

Stearns Bank has acquired a majority stake in Contract Capital Corporation (CCC). CCC provides specialized financing services to Managed Service Providers (MSPs). In addition to Stearns Bank acquiring a majority interest in CCC, Stearns Bank is... Read Story

Texas Capital Bancshares, the parent company of Texas Capital Bank and Texas Capital Securities, announced key leadership appointments and enhanced capabilities as part of its Corporate & Investment Bank offerings for the energy sector. Texas Capital... Read Story

U.S. Bank announced a new cross-business initiative to serve healthcare practices with up to $25 million in annual revenue. Newly appointed Head of Healthcare Business Banking Joe Persichetti will lead this effort, working with teams across banking... Read Story

First Business Bank added Luke Joyner to its Asset-Based Lending team as Vice President – Asset-Based Lending.Joyner brings more than 10 years of experience in finance and Asset-Based Lending to First Business Bank. He began his career at CIT... Read Story

Citi announced significant changes to its organizational model that will fully align its management structure with its business strategy and simplify the bank. The new, flatter structure elevates the leaders of Citi’s five businesses and eliminates... Read Story

Regions Bank announced Anna Brackin has been appointed to serve as Chief Compliance Officer overseeing the company’s compliance risk management program. In addition, Gary Walton joined the bank as Business Unit Chief Risk Officer for Regions’... Read Story

Wells Fargo Commercial Banking announced that Bobby Bans will lead Middle Market Asset-Based Lending (ABL) origination for the West region, which is part of the bank’s secured lending and leasing businesses. The Middle Market ABL originations team is... Read Story

On Sept. 6, 2023, United States District Judge Eldon E. Fallon sentenced Ashton J. Ryan, Jr., age 75, of Kenner, LA, to a term of imprisonment of 170 months following Ryans convictions for bank fraud and making false statements in bank records... Read Story

JPMorgan Chase announced Matt Sable will become the Chief Financial Officer for Commercial Banking. He’s based in New York and will report to Doug Petno, CEO of Commercial Banking, and Jeremy Barnum, CFO for JPMorgan Chase. In this role, Matt and his... Read Story

First Horizon Corp. earned its place on the Forbes list of Best-in-State Employers 2023. This recognition is presented by Forbes and Statista Inc.America's Best-in-State Employers 2023 were identified based on 2.1 million employer recommendations... Read Story

CIBC added Ron Kerdasha, a business development officer with over 30 yeasrs of industry experience, as a new business development officer to its Asset-Based Lending team, furthering their commitment to serving middle market clients across the US. In... Read Story

Shruti Patel has joined U.S. Bank as chief product officer for the business banking segment. In this key leadership role within the Consumer and Business Banking group, she will be responsible for delivering an integrated product strategy that... Read Story

Peapack-Gladstone Financial Corporation and Peapack Private, a division of Peapack-Gladstone Bank, announced that James T. Foti has joined a team of commercial bankers that have recently been hired by Peapack Private to build the Company’s presence... Read Story

Wells Fargo announced that Jill Ford has joined the Corporate & Investment Bank (CIB) as head of Equity Capital Markets. She reports to Tim O’Hara, head of Banking, and is based in New York.“Jill is a proven leader in equity capital markets and an... Read Story

Scotiabank announced Barb Mason, Group Head and Chief Human Resources Officer (CHRO), has announced her intention to retire from Scotiabank at the end of 2023, after a 41-year career with the bank."On behalf of all Scotiabankers, I would like to... Read Story

PB Financial Corporation, the holding company for Providence Bank, and Coastal Bank & Trust jointly announce the signing of a definitive strategic merger agreement. In the 75 percent stock and 25 percent cash transaction, Coastal will merge into... Read Story

Bluevine announced expanded FDIC insurance coverage of up to $3 million through Coastal Community Bank, Member FDIC, and program banks in a sweep network, automatically offering Bluevine account holders coverage of up to 12x the industry standard of... Read Story

First Horizon Corp. announced the opening of its First Horizon St. Simons Island banking center. This marks the newest addition to First Horizon's footprint, located in St. Simons Island, GA. The week-long grand opening festivities received an... Read Story

Peapack-Gladstone Financial Corporation and Peapack Private, a division of Peapack-Gladstone Bank, announced the appointment of James McKenna as Senior Managing Director, Commercial Private Banker. As the Bank expands its footprint into New York City... Read Story

First Western Financial,  the holding company for First Western Trust, announced the following executive promotions effective October 1, 2023: Julie Courkamp, Chief Financial Officer and Chief Operating Officer of the company, has been promoted to... Read Story

Capital Bank, a commercial bank in the DC Metro Region, announced the creation of its new Lender Finance Group. This addition is an opportunity to provide enhanced term loan and credit facilities opportunities across a variety of sectors and asset... Read Story

Western Alliance Bank announced Julian Parra has been appointed as the organization’s Head of Commercial and Industrial Banking for California."Julian's appointment will bring a dedicated focus to the Commercial and Industrial market for Western... Read Story

First Horizon Corp. named Hunter Hill as Regional President of the First Horizon Bank's South Central region, which includes Birmingham and Mobile, AL, and Atlanta, GA. As Regional President, Hill is responsible for all banking operations within the... Read Story

Peoples Bancorp announced the election of Hugh Donlon to the position of Executive Vice President, Community Banking, effective Sept. 5, and the election of Matthew Macia to the position of Executive Vice President, Chief Risk Officer. The positions... Read Story

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... Read Story

Barclays has appointed Emma Taylor as Global Head of Internet Coverage and Carmen Chan as a Managing Director of Internet Coverage within the Technology Investment Banking business.Ms. Taylor joins Barclays with close to 20 years of experience in... Read Story

BankProv added Tricia Abood to the organization as Vice President, Business Development Officer. Abood brings a wealth of financial services knowledge and a proven track record in the industry."One of Tricia's many core strengths is her ability to... Read Story

WSFS Financial Corporation announced Arthur J. Bacci, Executive Vice President and Chief Wealth Officer of WSFS Financial Corporation, will also serve as Interim Chief Financial Officer (CFO) of WSFS. Bacci replaces Dominic C. Canuso, WSFS’ former... Read Story

HSBC announced that HSBC Innovation Banking, a business division with services provided by HSBC Bank USA and its affiliates, has expanded its venture debt offering in the U.S. to support companies from Series A through scaled multi-national... Read Story

U.S. Bank announced several updates to previously shared leadership changes that will be effective Sept. 1, 2023.“Our succession planning efforts have enabled us to move quickly and prudently to ensure continuity of leadership and service as senior... Read Story

Peapack-Gladstone Financial Corporation and Peapack Private, a division of Peapack-Gladstone Bank, announced Ling Li has joined its commercial banking team as a Senior Managing Director, Commercial Private Banker. She is responsible for providing... Read Story

FirstBank announced several leadership changes. The new appointments result from FirstBank executives either retiring or being elevated to C-level positions.Former Chief Credit Officer (CCO) Brian Ballard retired after more than 30 years with the... Read Story

Arvest Bank announced Geordie Sanborn has joined the company as General Manager of the bank's new center of excellence focused on serving the healthcare industry. The bank also announced Levi Price will serve as General Manager for the company's new... Read Story

Peapack-Gladstone Financial and Peapack-Gladstone Bank announced new employees and promotions.Alexis Bachman has been elevated to the position of Vice President, Assistant BSA/AML Officer at Peapack-Gladstone Bank. She is responsible for the... Read Story

First Citizens Bank announced that its Middle Market Banking business has named Tony Hurtado as its relationship manager dedicated to cultivating business in Orange County, California. Hurtado will be responsible for establishing and maintaining a... Read Story

PNC Bank promoted Zachary Bullock to Senior Vice President and Market Leader for Commercial Banking in Central Pennsylvania. Based in PNC’s Lancaster office, Bullock will oversee PNC’s Commercial Banking team in the market, which serves businesses... Read Story

PNC FIG Advisory, part of PNC Capital Markets announced an expansion to its client offerings through the introduction of PNC Asset Exchange, an online loan resource and marketplace for financial institutions. PNC Asset Exchange is powered by... Read Story

Peapack-Gladstone Financial Corporation and Peapack Private, a division of Peapack-Gladstone Bank, announced the appointment of Faycal Lhamidi, Senior Managing Director, Commercial Private Banker.Lhamidi joins a team of senior level commercial... Read Story

Klar, S.A. de C.V. (Klar), the Mexico City-based digital financial services platform, secured a $100 million credit facility from Victory Park Capital (“VPC”). The financial support from VPC will propel Klar during a moment of transformative growth... Read Story

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... Read Story

First Horizon Corp. has been recognized by Forbes Magazine as one of America's Best Large Employers. Forbes partnered with the market research firm Statista to compile a list of America's Best Large Employers. The ranking is based on a survey of... Read Story

Expanding its commercial banking operations to provide bespoke and customized fund-level financing to alternative asset managers and the private capital industry, EverBank (temporarily doing business as TIAA Bank) announced the launch of its new Fund... Read Story

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... Read Story

Wells Fargo announced that Malcolm Price has joined the Corporate & Investment Bank (CIB) as head of Financial Sponsors. He will jointly report to Tim O’Hara, head of Banking, and Scott Warrender, head of Coverage in Banking. Price joins Wells Fargo... Read Story

First Horizon Corp. announced a five-year employment agreement with Chairman, President and Chief Executive Officer D. Bryan Jordan."On behalf of the Board of Directors, I would like to say how pleased we are to secure Bryan's leadership of the... Read Story

The Huntington National Bank announced the appointment of Marcy Hingst as General Counsel. Hingst will join the bank's Executive Leadership Team and oversee all legal activities for the company.Hingst joins the bank from Bank of America, where she... Read Story

Cadence Bank announced its support for local Boys and Girls Clubs (Club) through a series of volunteering initiatives taking place from July 24, 2023 through August 4, 2023, across the Southeast. As part of the bank's commitment to community... Read Story

TIAA has completed the sale of TIAA Bank to private investors with extensive experience in financial services. The close of the transaction begins a new, independent chapter for the bank, now operating as EverBank, N.A. under a new national bank... Read Story

Heritage Bank of Commerce, a subsidiary of Heritage Commerce Corp, appointed Susan Just as Executive Vice President and Chief Credit Officer, effective September 7, 2023. She will replace the current Executive Vice President and Chief Credit Officer... Read Story

Dime Community Bancshares, Inc., the parent company of Dime Community Bank, announced Kevin M. O’Connor will step down as CEO effective Aug. 31 and that Stuart H. Lubow, the company’s current President and Chief Operating Officer, will succeed... Read Story

Pacific Valley Bank announced Steve Leen as its new Chief Financial Officer, effective Aug. 1. Leen brings an unmatched level of experience and knowledge to the team, with over 30 years in the financial industry. As CFO for two larger Bay Area... Read Story

Peapack-Gladstone Financial Corporation announced Joseph “Joe” Harpster has been named Senior Vice President and Senior Credit Officer at Peapack Private, a division of Peapack-Gladstone Bank.A veteran private banking professional, Harpster joins... Read Story

Citizens announced the appointment of Anthony Selvaggio as New York City Market Executive, Robert Milas as Long Island Market Executive and Gino Di Saverio as Northern & Central New Jersey Market Executive. In this capacity, Selvaggio, Milas and Di... Read Story

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... Read Story

Atlantic Union Bankshares Corporation (Atlantic Union) and American National Bankshares Inc. (American National) jointly announced they have entered into a definitive merger agreement for Atlantic Union to acquire American National in an all-stock... Read Story

CIBC announced that Cindy Jamroziak, managing director and senior underwriter, has joined its Asset-based Lending (ABL) team.Jamroziak brings more than 30 years of industry experience to CIBC’s ABL underwriting team. She will support the ABL group’s... Read Story

Citizens Financial Group appointed Susan deTray as Head of Citizens Private Bank. In this new role, she will lead the bank’s private banking growth strategy and partner closely across the enterprise to propel growth in Wealth Management, Business... Read Story

Coastal States Bank (CSB) added four new bankers to its Atlanta region. Paul Black II, Leslie Hammond, Kelly Maxwell and Alan Patterson joined CSB's Cobb County team in July and will serve customers at CSB's Akers Mill branch.Black joins the... Read Story

New Jersey holding company Peapack-Gladstone Financial Corporation announced Christopher Tomai has joined Peapack Private, a division of Peapack-Gladstone Bank, as Senior Managing Director and Senior Relationship Manager. He is part of a team of... Read Story

UMB Financial Corporation appointed Phil Mason to the role of President, Institutional Banking. Brian Hutchin has been promoted to fill Mason’s prior role of Director of UMB Healthcare Services.As president, Institutional Banking, Mason oversees... Read Story

PNC Bank appointed Steven González Regional President for Austin. González will have direct oversight of business development, building and maintaining client relationships and leading philanthropic initiatives in support of the Austin community.... Read Story

Peapack-Gladstone Financial Corporation, Peapack-Gladstone Bank and Peapack Private, announced expansion plans with the official filing of an application to open a location in New York City. Peapack Private is actively recruiting from the Tri-State... Read Story

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... Read Story

Peoples Bancorp announced Chuck Sulerzyski, 66, has notified Peoples of his intention to retire as President and Chief Executive Officer of each of Peoples and Peoples' banking subsidiary, Peoples Bank, effective March 31, 2024. He also intends to... Read Story

Customers Bank, the $21 billion asset subsidiary of Customers Bancorp, completed the onboarding of a nearly 30-member venture banking team formerly employed by Signature Bank. Initially, this team will handle the transfer and servicing of about 150... Read Story

As a part of its ongoing commitment to the Innovation Economy (IE), J.P. Morgan announced that John China will join the firm as Co-Head of IE for Commercial Banking (CB). Based in San Francisco, China will serve alongside New York-based Melissa Smith... Read Story

Wintrust Business Credit (WBC), a subsidiary of Wintrust announced the addition of Joe Panico as Senior Vice President - Business Development, growing WBC's footprint in the Great Lakes Region, as part of the group's expansion into new strategic... Read Story

Simmons Bank announced key changes to its leadership team."The restructuring of our banking division aligns with our Better Bank Initiative by positioning us to capitalize on the opportunity to grow and diversify Commercial and Corporate Banking... Read Story

Shore Bancshares, the financial holding company of Shore United Bank (Shore United), and The Community Financial Corporation (TCFC), the bank holding company of Community Bank of the Chesapeake (CBC), announced the closing of their previously... Read Story

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.... Read Story

Banc of California appointed Joseph Kauder as Executive Vice President and Chief Financial Officer of the Company and the Bank, effective July 10. Kauder succeeds Executive Vice President and CFO Lynn Hopkins, who stepped down from the Company... Read Story

United Community Banks completed its merger with First Miami Bancorp effective July 1. In this transaction, First Miami’s bank subsidiary, the First National Bank of South Miami (FNBSM), was also merged into United’s bank subsidiary, United Community... Read Story

Byline Bancorp, the parent company of Byline Bank, announced it has completed its merger with Inland Bancorp and its wholly owned bank subsidiary, Inland Bank and Trust. As a result of the transaction, effective July 1, Inland Bank and Trust merged... Read Story

M&T Bank announced a slate of leadership updates in its Commercial Bank which are designed to support its ongoing evolution and commitment to providing best-in-class support to its clients and communities. These changes include the following... Read Story

U.S. Bank announced that Jimmy Whang has been named the head of its Commercial Products group, effective June 30. In this role, Whang will lead Fixed Income and Capital Markets (Capital Markets and Sponsor Finance; Credit Fixed Income; Structured... Read Story

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... Read Story

The Huntington National Bank welcomed Vijay Konduru as Executive Vice President, Chief Marketing Officer (CMO). In this role, Konduru will lead Huntington's marketing organization, overseeing the bank's marketing strategy and long-term vision. He... Read Story

Mitsubishi UFJ Financial Group announced the expansion of its Sponsor Coverage effort with the hiring of Pam Bruno as Managing Director.Bruno will be responsible for covering Private Equity Financial Sponsors for the bank. Based in New York, Bruno... Read Story

Ares Management Corporation announced that certain funds managed by its Alternative Credit strategy have completed the acquisition of a $3.5 billion specialty finance loan portfolio from PacWest Bancorp.The Portfolio consists of high quality, senior... Read Story

TIAA Bank announced it will become EverBank.The return of the EverBank name brings with it a tradition of partnership, reliability and trust, as the bank transitions to new ownership and renews its long-standing commitment to provide a financial... Read Story

Republic First Bancorp, the parent company of Republic First Bank d/b/a Republic Bank (the "Bank"), announced the appointment of Brian F. Doran, Esq., as Executive Vice President and General Counsel, effective June 20, 2023. Mr. Doran has a... Read Story

SVB Financial Group entered into a definitive purchase agreement with the management team bidder group led by Jeff Leerink, SVB Securities' Chief Executive Officer and Founder, and backed by funds managed by The Baupost Group L.L.C., for the sale of... Read Story

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... Read Story

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $6 billion in assets, appointmented Tony Macchi to the role of Senior Vice President, Digital and Products. Macchi will spearhead the bank’s ongoing... Read Story

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... Read Story

Representing one of the first significant real estate debt transactions in this market cycle, global real estate investment company Kennedy Wilson closed on the initial tranche of loans as part of a $5.7 billion loan portfolio acquisition from... Read Story

The Huntington National Bank announced the addition of a fund finance banking team to support its sponsor finance business within the Commercial Bank. The 10-person team will significantly boost Huntington's capabilities by providing strategically... Read Story

Five Star Bancorp and its wholly owned subsidiary, Five Star Bank has expanded into San Francisco to seize market opportunities.The Company is leveraging an existing team of proven Bay Area professionals led by DJ Kurtze, Five Star Bank’s San... Read Story

The PNC Financial Services Group announced Jenn Garbach has joined the company as Chief Marketing Officer.Previously, Garbach served as the head of Marketing Transformation & Operations at PayPal. Before joining PayPal, she spent a decade with... Read Story

First Citizens Bank announced that Marc Cadieux, a 30-year veteran of Silicon Valley Bank (SVB), has been appointed President of Silicon Valley Bank's commercial banking business. Based in the California Bay Area, Cadieux leads an SVB Commercial team... Read Story

First Citizens Bank announced Marc Heller has been promoted to the position of Vice Chairman of CIT Commercial Services, a subsidiary of First Citizens Bank, and that Michael Hudgens has been promoted to the role of CIT Commercial Services President... Read Story

CIBC announced Chris Saldana has moved into business development role for CIBCs US Asset-based Lending team.  Prior to joining CIBC as a underwriter in 2022, he served as regional executive leading Southwest originations at First Business Capital... Read Story

According a Wall Street Journal report, U.S. regulators are preparing to tighten rules for large banks, which could raise their capital requirements by 20% on average.The Wall Street Journal reported regulators are on track to propose the changes as... Read Story

River City Bank announced Anker Christensen, Executive Vice President and Chief Financial Officer of the bank, will step down effective July 3. Brian Killeen, currently the bank's Senior Vice President and Controller, has been appointed Interim Chief... Read Story

Wells Fargo announced that Barry Simmons is the new head of National Sales for Wells Fargo Advisors.In this role, Simmons will lead Wells Fargo Advisors’ sales and business development team nationally, advisor recruiting across all channels, branch... Read Story

KS Bancorp’s Board of Directors has announced leadership transitions.The Board of Directors has appointed Earl W. Worley, Jr., President and CEO of KS Bancorp, Inc., the holding company of KS Bank, Inc. Worley currently serves as President and CEO of... Read Story

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... Read Story

Peoples Bancorp elected W. Glenn Hogan to the Peoples Board of Directors. He also joined the Board of Directors of Peoples' banking subsidiary, Peoples Bank. Mr. Hogan, 61, formerly served as Chairman of the Board of Directors of Limestone Bancorp... Read Story

River City Bank announced Rebecca Fabisch Miller as Executive Vice President, Commercial Banking Director. In this role, Fabisch Miller will focus on providing services to the bank's middle-market commercial clients. She will lead the bank's... Read Story

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... Read Story

Fifth Third Bank announced Stephanie Green as South Florida region president. As region president, Green is responsible for the growth and strategic direction of the Bank’s commercial, wealth and asset management, business banking and treasury... Read Story

Valley Bank, a regional bank with operations along key East Coast markets and California, is expanding its Chicago office with the hiring of Matthew Weidle as First Senior Vice President and Midwest Regional President.In this new role, Weidle will... Read Story

Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank appointed John P. O’Gorman as Senior Vice President, Head of Special Assets at Peapack-Gladstone Bank.  Working out of the Bank’s Headquarters in Bedminster, New Jersey, O’Gorman’s... Read Story

Mid Penn Bancorp 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 bank, Mid... Read Story

Comerica Bank announced Jenae Anderson has been named its first Colorado Market President. She previously served as Comerica's Head of Commercial Banking in this footprint, responsible for overseeing commercial lending and community engagement, which... Read Story

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... Read Story

Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank appointed Vincent J. Mutarelli as Senior Managing Director, Commercial Private Banker at Peapack-Gladstone Bank. Mutarelli is responsible for growing a portfolio of commercial clients... Read Story

Berkshire Bank, a leading, socially responsible community bank with financial centers in New England and New York, announced that Greg Saint John, an experienced credit officer and banking industry veteran, was promoted to senior vice president... Read Story

First Internet Bank announced that Charles Wheaton has joined the organization as Vice President, Senior Business Development Officer. With his vast experience in all facets of corporate lending, their newest member further strengthens the Bank’s... Read Story

Premier Bank promoted John Houpt to Executive Vice President, Chief Credit Officer.Houpt joined Premier Bank in April 2022 as Deputy Chief Credit Officer where he was responsible for credit underwriting, approval and portfolio administration. In his... Read Story

BankUnited announced the hiring of three financial executives to form a new corporate banking team serving the New York Metropolitan area.“We are excited to welcome Matt, Dan and Laura to the BankUnited family,” said Thomas M. Cornish, BankUnited... Read Story

Nicolas “Nick” Goehring joined Associated Bank as Senior Vice President and Portfolio Manager Lead, Corporate Banking. He is responsible for the administration and risk management of client relationships, as well as the credit risk and quality of the... Read Story

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... Read Story

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... Read Story

The Board of Directors of Renasant Corporation announced that Kevin D. Chapman has been elected President of the Company and Renasant Bank (the “Bank”). Chapman will retain his current title of Chief Operating Officer. It was also announced that C.... Read Story

Oxford Bank Corporation, the holding company for Oxford Bank, awarded small business grants to four local businesses in Michigan through the Federal Home Loan Bank of Indianapolis Elevate Grant program. Elevate is an innovative grant program that... Read Story

TD Bank Group and First Horizon Corporation have entered into a mutual agreement to terminate their previously announced merger agreement, originally announced on February 28, 2022. TD informed First Horizon that TD does not have a timetable for... Read Story

In light of recent reporting regarding strategic actions, PacWest Bancorp issued the following update:Our message remains consistent with what was conveyed last week with earnings. As previously announced, the Company has explored strategic asset... Read Story

Citizens Financial Group announced that Brendan Coughlin, Head of Consumer Banking, and Beth Johnson, Chief Experience Officer and Head of ESG, have been named Vice Chairmen. They join Don McCree, Head of Commercial Banking, and John Woods, Chief... Read Story

JPMorgan Chase acquired the substantial majority of assets and assumed the deposits and certain other liabilities of First Republic Bank from the Federal Deposit Insurance Corporation (FDIC). In carrying out this transaction, JPMorgan Chase is... Read Story

Federal Deposit Insurance Corporation (FDIC) Chief Risk Officer Marshall Gentry released FDIC’s Supervision of Signature Bank, an internal review evaluating the agency’s supervision of Signature Bank, New York, New York, from 2017 until its failure... Read Story

U.S. Bank is introducing a new Business Diversity Lending Program that will expand the ability of diverse business owners to obtain capital, building upon the bank’s broader efforts to support under-represented businesses and help address the wealth... Read Story

Bank OZK announced John Carter has returned as Chief Credit Officer. In this capacity, he will be responsible for oversight of the bank’s credit, loan operations, special assets and mortgage lending functions. In addition, Carter will participate in... Read Story

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... Read Story

BMO announced the appointment of Darrel Hackett as U.S. Chief Executive Officer of BMO Financial Group, President & CEO of BMO Harris Bank N.A., and CEO of BMO's U.S. holding company, BMO Financial Corp. (BFC). Mr. Hackett will report to Chief... Read Story

Mitsubishi UFJ Financial Group (MUFG) announced the hiring of five senior executives, and a total of at least 20 new team members, to significantly expand the capabilities of its Technology, Media and Telecom (TMT) Banking group to support the... Read Story

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... Read Story

MC Bank hired Steve Bergeron as Chief Credit Officer. Bergeron has been in the banking industry since 1980. He previously worked at Hancock Whitney and Regions Bank. For the last 12 months, Bergeron has been working in a consulting role with M C Bank... Read Story

Wells Fargo announced that Mary Mack will retire from the company this summer and Saul Van Beurden, head of Technology at Wells Fargo, will succeed Mack as CEO of Consumer & Small Business Banking (CSBB), effective May 15. Van Beurden will continue... Read Story

U.S. Bank announced several changes to its executive leadership team to succeed two leaders who are leaving the company this summer.“We are proud of our longstanding history of attracting, developing and supporting talented leaders who position us... Read Story

Citizens Financial Group, Inc. announced Richard Stein will assume the role of Chief Risk Officer upon the retirement of Malcolm Griggs in the first quarter of 2024. Upon assuming the CRO role, Stein will report to Bruce Van Saun, Chairman and CEO... Read Story

Texas Capital Bancshares, the parent company of Texas Capital Bank, announced David A. Youngberg Jr. has joined the firm as Managing Director and Chief Credit Officer.Youngberg brings more than two decades of credit risk and enterprise risk... Read Story

Wells Fargo Corporate & Investment Bank (CIB), announced that Rachel Goldin Jinich will lead Specialty Real Estate Finance (SREF) within its Commercial Real Estate (CRE) group and oversee all SREF teams, including Hospitality Finance, Seniors Housing... Read Story

First Business Bank added Ed Sloane as Consultant to its Bank Consulting team after retiring March 31 from the role he held for over seven years as Chief Financial Officer of First Business Financial Services, Inc., parent company of First Business... Read Story

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... Read Story

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... Read Story

Huntington National Bank 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.In... Read Story

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... Read Story

Webster Bank announced two members of its executive management team have been promoted.Luis Massiani has been promoted to Senior Executive Vice President and appointed President of Webster Bank. He continues in his role as Chief Operating Officer, a... Read Story

BankUnited is expanding its Florida corporate banking division with the addition of three bankers who will help serve the bank’s growing portfolio of middle-market and large corporate companies doing business throughout the region. “We are excited to... Read Story

First Business Bank has added Jerry Huynh as Managing Director - SBA Lending.With nearly 30 years of experience in helping businesses accomplish their goals through commercial and SBA Lending, Huynh brings extensive knowledge and significant... Read Story

Bank of America has named Scott Vanderpool as President of Bank of America Phoenix. The company also announced that widely known business leader Benito Almanza plans to retire April 6 after 45 years of service with the company and 22 years as Phoenix... Read Story

Patriot National Bancorp., the parent company of Patriot Bank, announced the promotion of David Lowery to become President and CEO of the Bank, succeeding Robert Russell.Effective after a transitionary period through late April 2023, Russell will be... Read Story

Regions Bank announced the launch of its International Subsidiaries Banking Group, a dedicated team focused on delivering financial insights and customized banking services to subsidiaries of international corporations operating in the United... Read Story

Versana announced the addition of four new leading banks – Deutsche Bank, Morgan Stanley, U.S. Bancorp and Wells Fargo – as investors in its industry backed, digital data and technology platform transforming the $5 trillion syndicated loan market.... Read Story

J.P. Morgan Private Capital appointed Alex Bell as a Partner of its Sustainable Growth Equity (SGE) platform, bringing close to two decades of private equity experience with a focus on energy and climate technology. Based in New York, Bell will... Read Story

First-Citizens Bank & Trust Company, a subsidiary of Raleigh-headquartered First Citizens BancShares, Inc. entered into an agreement with the Federal Deposit Insurance Corporation (FDIC) to purchase out of FDIC receivership substantially all loans... Read Story

FinWise Bank, a subsidiary of FinWise Bancorp, announced that the Board of Directors approved the promotion of Chief Credit and Chief Strategy Officer, James Noone to succeed President Kent Landvatter effective immediately. Mr. Landvatter will remain... Read Story

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... Read Story

Barclays appointed John J. Erdmann as Chief Financial Officer for Barclays US Consumer Bank and Barclays Bank Delaware (BBDE). Erdmann will oversee the bank’s consumer financial operations in the United States, including financial reporting, planning... Read Story

WSFS Bank, the primary subsidiary of WSFS Financial Corporation announced that the following 13 Associates from across the organization have been appointed to Senior Vice President (SVP) positions: Brian Adelson – SVP, Director of Technology... Read Story

SVB Financial Group filed a voluntary petition for a court-supervised reorganization under Chapter 11 in the United States Bankruptcy Court for the Southern District of New York to preserve value.SVB Securities and SVB Capital's funds and general... Read Story

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... Read Story

New York Community Bancorp, Inc. announced its bank subsidiary, Flagstar Bank, N.A. (the "Bank") has acquired certain assets and assumed certain liabilities of Signature Bridge Bank ("Signature") from the Federal Deposit Insurance Corporation (the... Read Story

Peter Malmstrom has joined Associated Bank as Senior Vice President & Regional Senior Credit Officer, Corporate Banking. He is responsible for approval and concurrence duties for the bank’s commercial lending groups.Malmstrom brings more than 20... Read Story

Bank of America, Citigroup, JPMorgan Chase and Wells Fargo announced they are each making a $5 billion uninsured deposit into First Republic Bank. Goldman Sachs and Morgan Stanley are each making an uninsured deposit of $2.5 billion, and BNY-Mellon... Read Story

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... Read Story

Oxford Bank Corporation, the holding company for Oxford Bank, announced the appointment of two executive leaders, Michael ("Mick") Goik, President, Oxford Commercial Finance and Matthew Lowman, Oxford Bank Executive Vice President, and Chief Risk... Read Story

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... Read Story

First Citizens Bank announced that its Middle Market Banking group is expanding yet again – this time to better support the financial needs and goals of midsize businesses in the Midwest and South Central U.S. First Citizens Middle Market Banking has... Read Story

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... Read Story

Truist Financial Corporation announced that John Gregg will retire, and that Tom Hackett has been named chairman and chief executive officer of Truist Securities, Truist's full-service corporate and investment bank, effective March 31.Based in... Read Story

Cornerstone Bank promoted five employees to senior leadership positions: Douglas Schmeling is now Senior Vice President, Chief Credit Officer. Thomas Moschos is now Senior Vice President, Commercial Lender. Jessica Johnson is now Vice President... Read Story

TD Bank Group (TD) announced the following appointments to reflect the expanded mandates of two Senior Executive Team (SET) members.Barbara Hooper will become Group Head, Canadian Business Banking, TD Bank Group, effective May 1, 2023. Barbara has... Read Story

Citizens named Jessica Rascionato to lead its Commercial Real Estate team and expanded Joanne Wyper’s role to head of Commercial Banking Digital and Operations to drive the Commercial Bank’s digital-forward strategy. Bragg Comer will succeed... Read Story

On March 1, First Citizens Bank 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... Read Story

U.S. Bank has added portfolio optimization capabilities to its Pivot client platform, giving collateralized loan obligation (CLO) clients comprehensive insights for faster and more effective trading. Using a set of criteria selected by the client... Read Story

Citizens M&A Advisory served as the exclusive financial advisor to Apogee IT Services, backed by Brook Venture Partners, on the sale of its U.S. assets to Magna5. Magna5 is a national provider of managed IT, cybersecurity and cloud-based services and... Read Story

Bridge Business Credit announced the appointment of two new regional managing directors, reflecting the company's recent rebranding and business expansion plans.Jeff Stirling joins the company as regional managing director, operating out of the... Read Story

Manufacturers Bank, a member of SMBC Group, announces the appointment of Hillary Savoie as Executive Vice President and Chief Banking Officer.In this newly created role, Savoie is responsible for all client, marketing, and product development-related... Read Story

Webster Bank promoted Ann Meade to Regional President, Boston and Managing Director, Commercial Lending, leading Middle Market Banking, in the Greater Boston market.  Meade has been a strong presence in the Boston marketplace for Webster and has been... Read Story

BMO Financial Group and BNP Paribas announced a long-term commercial agreement and new cross-border framework to enhance coverage and access to a global network for their commercial banking clients. They will also enter into a comprehensive leasing... Read Story

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... Read Story

IDB Bank announced the expansion of its Sponsor & Leverage Finance team. As part of this expansion, IDB aims to further its presence within the leverage finance space, a key area of growth over the next several years.The recent expansion welcomes... Read Story

Signature Bank announced Co-founder, President and Chief Executive Officer Joseph J. DePaolo plans to transition into a senior advisor role during 2023. Chief Operating Officer Eric R. Howell will succeed DePaolo as President, effective March 1, 2023... Read Story

BMO Financial Group announced the appointment of Nadim Hirji as Group Head, BMO Commercial Banking. Hirji will report to Chief Executive Officer Darryl White and join the bank's Executive Committee. His appointment is effective March 1, 2023."Across... Read Story

The Board of Directors of Farmers & Merchants Bank and The Bank of Fayetteville has welcomed Matt Mason back to The Bank of Fayetteville as the Northwest Arkansas Market President, where he will oversee retail and lending operations for eight bank... Read Story

TD Bank Group and First Horizon Corporation have mutually agreed to extend the outside date of their proposed transaction from February 27 to May 27, 2023, in accordance with the terms of the merger agreement.TD and First Horizon are fully committed... Read Story

Silicon Valley Bank announced that Ashraf Hebela has been named the new Head of Technology & Healthcare Banking for North America. He succeeds Dave Sabow who SVB recently named as CEO of Silicon Valley Bank UK and Head of EMEA, pending regulatory... Read Story

First Citizens Bank announced its Middle Market Banking business is launching a business-focused webinar series to provide a range of expert insight to owners, executives, service providers and others engaged with middle market companies.The first... Read Story

WSFS Bank, the primary subsidiary of WSFS Financial Corporation, announced the hires of Brionna L. Denby as Senior Vice President, General Counsel, and Michael Dzielak, MBA as Senior Vice President, Director of Financial Crimes.In her new role, Denby... Read Story

CIBC Innovation Banking announced that Mark Usher has been appointed Senior Vice-President, Innovation Banking; President and Executive Managing Director, CIBC Innovation Banking, effective February 28, 2023, taking on the role currently held by Mark... Read Story

The Private Banking arm of Brown Brothers Harriman & Co. (BBH) announced the expansion and strengthening of its Corporate Advisory and Banking team in Philadelphia with the hiring of Dan Vereb. This is reflective of the firm’s deep commitment to... Read Story

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... Read Story

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... Read Story

U.S. Bancorp Asset Management has named Jim Link as head of its institutional Outsourced Chief Investment Officer (OCIO) practice, housed within its wholly-owned subsidiary PFM Asset Management, LLC. In this role, Link will be responsible for... Read Story

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.... Read Story

Comerica announced it is promoting three executive leaders to newly established positions: Peter Sefzik, Executive Vice President (EVP), Executive Director, Commercial Bank, will assume the role of Senior EVP, Chief Banking Officer; Megan Crespi... Read Story

Barclays announced the appointments of Douglas Melsheimer as a Managing Director in Technology Investment Banking, and Vladimir Ganchev as a Managing Director in Technology M&A. Mr. Melsheimer will focus on software, with emphasis on Human Capital... Read Story

U.S. Bank announced the hire of Guillaume Mascotto as the company’s head of Sustainable Finance. In this new leadership role, Mascotto will build and lead a new team focused on identifying sustainable finance opportunities across the entire... Read Story

Provident Bank announced that Scott Hurlbert has joined the bank as Senior Vice President, Digital Channels Director with the Information Technology team. Mr. Hurlbert will be based in the bank’s Iselin, N.J. administrative headquarters.In this... Read Story

BHI appointed Nitin Aeri as Head of Cash Management. Nitin brings to BHI more than 12 years of experience in Treasury and Cash Management across commercial, corporate and multinational client segments covering the management of product P&L, sales... Read Story

Bank of America named Vaughn Reynolds President of Bank of America Columbia. The company also announced that well-known South Carolina business and community leader Kim Wilkerson plans to retire in March after 42 years with the bank and nearly two... Read Story

First Business Financial Services announced promotions among its commercial banking team, advancing key leaders across its Midwest business banking markets.“We are pleased to elevate our long-tenured teammates as part of First Business Bank’s ongoing... Read Story

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... Read Story

Washington Federal reports that on Jan. 2, 2023, the President and CEO of Washington Federal, Inc. and Washington Federal Bank (dba WaFd Bank), Brent Beardall, was one of four people on board a private plane that crashed in Provo, UT shortly after... Read Story

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... Read Story

Brookline Bancorp, Inc. received the requisite regulatory approvals from the Board of Governors of the Federal Reserve System, New York State Department of Financial Services and Massachusetts Board of Bank Incorporation necessary to complete its... Read Story

The First Bancshares, Inc., the holding company for The First Bank, and Heritage Southeast Bancorporation, Inc. (HSBI), the holding company for Heritage Southeast Bank, announced the previously announced merger between First Bancshares and HSBI... Read Story

FNBC Bank has hired Edward Haddock to lead its Small Business Division, according to President & CEO Marty Sellars. Haddock brings over a decade of experience working for the U.S. Small Business Administration.“In October, we shared with our... Read Story

Farmers National Banc Corp., the holding company for The Farmers National Bank of Canfield, completed the merger of Emclaire Financial Corp., the holding company for The Farmers National Bank of Emlenton (“Emlenton Bank”) with and into FMNB Merger... Read Story

Seattle-based First Sound Bank announced it has reached a mutual agreement with BM Technologies, Inc. (BMTX) to terminate its previously announced merger agreement. The Bank will continue to do business as a locally owned, independent community bank... Read Story

Republic First Bancorp, Inc., the holding company for Republic First Bank d/b/a Republic Bank, announced several leadership changes.Thomas (Tom) X. Geisel has been appointed Chief Executive Officer and President, and as a member of the Board of... Read Story

Banc of California, the holding company for Banc of California, announced the promotions of several senior executives effective January 1, 2023. The Company also announced the retirement of Lynn Sullivan as the Company’s Executive Vice President and... Read Story

Wilmington Trust, a leader in wealth management and corporate and institutional services and a wholly-owned subsidiary of M&T Bank Corporation, announced an agreement with Madison Dearborn Partners, LLC ("MDP"), a leading private equity firm based in... Read Story

Provident Bank announced that Aleksei Somarsingh recently joined the Bank’s Plymouth Meeting-based commercial lending team as Vice President and C&I Relationship Manager. Somarsingh is tasked with growing the commercial loan portfolio in Metro... Read Story

The Board of Directors of Washington Trust Bancorp announced Mark K.W. Gim will retire as President and Chief Operating Officer, effective with the Corporation's 2023 Annual Meeting of Shareholders in April 2023. The Board also announced that Gim was... Read Story

Keeping pace with the volume, scope and breadth of regulatory changes tops the list of key concerns facing U.S. banks, credit unions, and other lenders, according to the results of Wolters Kluwer’s latest Regulatory & Risk Management Indicator survey... Read Story

TD Bank has named Sheryl L. McQuade as the Regional President of its New England Metro.In this role, McQuade will lead TD Bank’s New England consumer and small business, commercial, and middle-market banking and lending services throughout a network... Read Story

Axiom Bank has launched a new Commercial Finance Division headquartered in Dallas, TX. The new division will service businesses seeking Asset Based Lending, Factoring, and Equipment Financing credit facilities ranging from $2 million and greater and... Read Story

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... Read Story

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... Read Story

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)... Read Story

Minority Depository Institutions (MDIs) provide vital financial services to underserved communities and are key to helping close the racial wealth gap. Since 2020, JPMorgan Chase has made more than $100 million in direct equity investments in diverse... Read Story

Northeast Bank announced that since September 30, 2022, the Bank has purchased or entered into agreements to purchase primarily commercial real estate loans in the amount of unpaid principal balance of up to $1.16 billion. The Bank’s commercial real... Read Story

BNP Paribas appointed several senior executives to its Global Markets Americas division. The appointments demonstrate the bank’s commitment to the Americas region and ambition to grow its Global Equities, Global Credit and Global Macro... Read Story

First Foundation, a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced Christopher M. Naghibi, who has served as Executive Vice President, Chief Credit Officer of... Read Story

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... Read Story

CIT, a division of First Citizens Bank, announced that its Asset-Based Lending business has provided a $35 million revolving credit facility to Utopia Deals.Based in Plainview, N.Y., Utopia Deals is a leading seller of linens, towels, bedding and... Read Story

Wells Fargo has unveiled Vantage, a new digital banking platform for Commercial Banking and Corporate & Investment Banking clients. Previously known as the Commercial Electronic Office – or CEO Portal – Vantage offers enhanced features to drive a... Read Story

U.S. Bancorp completed the acquisition of MUFG Union Bank’s core regional banking franchise from Mitsubishi UFJ Financial Group, Inc. The transaction brings together two premier organizations to serve customers and communities across California... Read Story

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... Read Story

The Commercial Bank of TD Bank made a $5 million equity investment in Citizens Trust Bank in Atlanta, Ga., to help expand opportunities for minority businesses as it eyes further expansion into the region. Citizens Trust Bank is a black-owned... Read Story

HSBC Holdings plc announced its wholly owned subsidiary, HSBC Overseas Holdings (UK) Limited, has entered into an agreement to sell its banking business in Canada (HSBC Canada) to Royal Bank of Canada (RBC), subject to regulatory and governmental... Read Story

1st Source Corporation and 1st Source Bank are announced that its Board of Directors has recently made two promotions with an eye on its future.Effective December 1, 2022, Andrea G. Short, President of 1st Source Bank will also become its CEO.... Read Story

National Capital Bancorp announced Richard B. (Randy) Anderson, Jr. has decided to retire as Chief Executive Officer of its subsidiary, The National Capital Bank of Washington on Dec. 31, 2022 after a 47-year career including the last seven years... Read Story

Axiom Bank, a Maitland-based bank, expanded its team with the hiring of Todd A. Davock as Senior Vice President, Business Development Officer in its asset-based lending division headquartered in Dallas.Davock brings nearly 25 years of experience in... Read Story

Jude Melville, President and CEO of b1BANK, announced N. Jerome “Jerry” Vascocu, Jr. as Chief Administrative Officer for Business First Bancshares, Inc. and b1BANK. Vascocu will be the first Chief Administrative Officer for the bank. He has over 27... Read Story

M&T Bank appointed Sam Bluso to lead the bank's new Institutional Real Estate Group focused on expanding M&T's corporate real estate business. As Head of Institutional Real Estate for M&T, Bluso will rely on his 25 years in the real estate capital... Read Story

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... Read Story

KeyCorp announced Donald R. Kimble, Chief Financial Officer (CFO) and Chief Administrative Officer, will retire on May 1, 2023.  He will be succeeded by Clark H.I. Khayat, currently Chief Strategy Officer."Don is a highly respected leader both inside... Read Story

Frost Bank announced Howard Kasanoff, a Senior Executive Vice President who has been with the bank since August 1992, will become Chief Credit Officer at the beginning of 2023. Kasanoff will succeed Bill Perotti, Frost's long-serving Chief Credit... Read Story

California Bank of Commerce (CBC) has formed a new division to focus on existing specialty lines of business. The division will look to expand both credit and treasury solutions to the Bank’s commercial markets. Known as CBC Specialty Banking, the... Read Story

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... Read Story

First Citizens Bank announced that its CIT Bank division has completed its conversion of its branches to First Citizens’ operations and systems. This conversion integrates CIT Bank branch customer accounts into First Citizens products and... Read Story

BHI appointed Danielle Ofek as Head of High Tech. Ofek has more than 15 years of experience founding and leading technology start-ups and serving as an executive in the corporate technology sector.  “Technology is a critical and strategic growth... Read Story

Washington Federal, Inc. and Luther Burbank Corporation jointly announced the signing of a definitive merger agreement pursuant to which Washington Federal will acquire Luther Burbank and its wholly-owned subsidiary, Luther Burbank Savings, in an all... Read Story

NexBank Capital, parent company of NexBank, announced John L. Holt, Jr.'s decision to retire as President and CEO at year end. Holt will continue to serve the company in his role as Chairman of the Bank and new appointment as Vice Chairman of the... Read Story

U.S. Bank announced executive leadership changes that will change how the company manages technology and operations for its employees and customers.Jeff von Gillern, Vice Chair of Technology and Operations Services, intends to retire from the company... Read Story

Santander Bank announced the appointments of Donna Cleary to Market Manager and Jim Bravyak to Head of Underwriting & Portfolio Management. In her new role, Cleary will lead an additional team of bankers to focus on the vast opportunity with middle... Read Story

First Business Bank added Jamie Buckley as Senior Vice President – Director of Commercial Banking to lead the Commercial & Industrial Lending team in their Kansas City Metro office.Buckley has 20 years of experience working in Kansas City, Oklahoma... Read Story

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... Read Story

SMBC Nikko Securities America announced that Raffi Dawson has joined the firm as Managing Director, Head of Structured Finance Group. In this new role, Dawson will be responsible for overseeing the securitization businesses, including conduit... Read Story

Barry Bobrow has joined Regions Business Capital (RBC) as Managing Director, Head of Credit Markets, according to a posting on LinkedIn. Bobrow brings over 35 years of banking experience to this new role, including significant leadership positions in... Read Story

Aligning with a long-term strategic plan to refocus on the company’s retirement business and Nuveen, its asset manager, TIAA has entered into a definitive agreement to sell TIAA Bank to new investors with extensive experience in financial services.... Read Story

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... Read Story

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... Read Story

Peapack-Gladstone Financial Corporation announced Frank A. Cavallaro joined the Company and Peapack-Gladstone Bank as Senior Executive Vice President, and will assume the role of Chief Financial Officer on Nov. 10Cavallaro joins the Bank from... Read Story

Pathward Financial announced Sonja Theisen, 41, currently Executive Vice President, Governance, Risk and Compliance, will succeed Glen W. Herrick, 60, as Chief Financial Officer, effective April 30, 2023.Brett Pharr, Chief Executive Officer, said... Read Story

Republic Bancorp, the parent company of Republic Bank & Trust Company, and Cincinnati-based CBank announced the signing of an Agreement and Plan of Merger under which Republic will acquire CBank and its wholly-owned subsidiary, Commercial Industrial... Read Story

TD Bank appointed Gregory Carlisle as its Commercial Market President for South Jersey/Coastal New Jersey. He succeeds Robert Curley III, following his move to Regional President of the Pennsylvania and New Jersey Metro.In this role, Carlisle will... Read Story

 Republic First Bancorp the parent company of Republic Bank, promoted Steve McWilliams to Executive Vice President, Chief Lending Officer.McWilliams has spent over 30 years in the banking industry, previously serving as Republic Bank’s Market... Read Story

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... Read Story

BMO Commercial Bank announced two executive appointments in support of its strategic priorities in Quebec.René Douville has been appointed Special Advisor, BMO Commercial Bank, Canada. Mr. Douville's appointment follows seven years as Head of... Read Story

Capital One announced that Mark Killingsworth and Mark Brown have joined Capital One Public Funding as Senior Vice Presidents. In these roles, Killingsgworth and Brown will be responsible for originating municipal transactions for Capital One’s... Read Story

SMBC, a member of SMBC Group, announced the appointment of Robin Milberg as Chief Human Resources Officer (CHRO) and Paul Sweeney as Head of Strategy & Transformation. Both report to the SMBC Group in the Americas Chief Operating Officer, Debbie... Read Story

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... Read Story

Webster Bank announces that Abby Parsonnet is now Executive Managing Director, Head of Asset Based Lending (ABL) for Webster Bank. In her role, she will oversee the nationwide Asset Based Lending and Commercial Services teams at Webster, which also... Read Story

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... Read Story

Synovus Bank announced additions to its leadership team in its expanding corporate & investment banking (CIB) line of business. These new leaders will strategically grow client relationships through deeper industry expertise and broader corporate... Read Story

U.S. Bancorp has received all required U.S. regulatory approvals to complete the previously announced acquisition of MUFG Union Bank’s core regional banking franchise from Mitsubishi UFJ Financial Group, including approvals from the Board of... Read Story

WSFS Bank announced that Shari Kruzinski has been named Executive Vice President, Chief Consumer Banking Officer, reporting to Rodger Levenson, WSFS Chairman, President, and CEO. In her new role, she will oversee all aspects of the Consumer Banking... Read Story

Regions Bank and subsidiary Sabal Capital Partners, a diversified commercial real estate lender, announced the hiring of Jason Scott as managing director and head of Conventional Loan Production for the companies.In this role, Scott will oversee... Read Story

First Citizens Bank announced that James Ligman has joined as a managing director in its Middle Market Banking business to lead expansion efforts in the Orange County and Inland Empire regions.In this role, Ligman will be responsible for developing... Read Story

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... Read Story

First Citizens Bank announced the expansion of its Middle Market Banking unit to support the financial needs and goals of midsize businesses across Southern California and the Southwest region. The expansion follows the official launch of First... Read Story

Wintrust Business Credit (WBC), the asset-based lending (ABL) unit of Wintrust Commercial Banking, announced the hiring of Andy Hall as National Portfolio Manager as part of its nationwide expansion effort. Working alongside National Sales Manager... Read Story

The American Bankers Association Foundation named Pathward, formerly known as MetaBank, a winner of its 2022 Community Commitment Award. The award recognizes Pathward’s Community Impact Program in the Volunteerism category. The Foundation presented... Read Story

Seacoast Banking Corporation of Florida, the holding company for Seacoast National Bank, announced the completion of its acquisitions of Apollo Bancshares, Inc. (Apollo), parent company of Apollo Bank and of Drummond Banking Company (Drummond)... Read Story

First Interstate BancSystem announced the appointment of Ashley Hayslip as Executive Vice President, Chief Banking Officer (CBO). In her new role, effective Nov. 28, Hayslip will lead First Interstate Bank’s retail and commercial teams as well as... Read Story

American Banker has recognized U.S. Bank leaders in its 2022 Most Powerful Women in Banking, naming vice chairs Gunjan Kedia and Kate Quinn and senior vice president Vanessa Angeles among 75 individual honorees.Kedia, a vice chair and member of the... Read Story

Signature Bank, a New York-based full-service commercial bank, announced expansion of its West Coast presence with the appointment of veteran banking professionals and the opening of a new private client banking office in Reno, NV.Signature Bank is... Read Story

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... Read Story

American Banker announced the 2022 honorees of The Most Powerful Women in Banking™. Now celebrating its 20th anniversary, the program recognizes individuals and teams for demonstrating exceptional leadership skills, strong performance and a... Read Story

SMBC, a member of SMBC Group, announced the appointment of Rick Davison as Chief Financial Officer for the Americas.Hirofumi Otsuka, CEO of SMBC Group in the Americas and President & CEO of SMBC Americas Holdings, Inc., said, “Rick brings to SMBC a... Read Story

Citizens Financial Group announced that Michelle Hecht has been named Head of Corporate Affairs. In this capacity she will oversee public affairs, corporate philanthropy, community engagement and volunteerism initiatives that support the company’s... Read Story

Citizens Bank and Trust Company (the Bank) announced the promotion of C. Taylor Quicke to the position of President and the promotion of Cetric A. Gayles to the position of Executive Vice President/Chief Credit Officer. Joseph D. Borgerding will... Read Story

WSFS Bank, the primary subsidiary of WSFS Financial Corporation, announced the following six Associates from across the organization have been elevated to Senior Vice President (SVP) positions: Ed Andrewlevich – SVP, Director of Analytics &... Read Story

Regions Bank announced Kelly Henderson has joined the company’s Real Estate Capital Markets division and will serve as syndications lead for Regions’ Affordable Housing group.As syndications lead, Henderson will manage the distribution of Low-Income... Read Story

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... Read Story

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... Read Story

CIBC announced Ramsey Naber, managing director and business development officer, has joined its Asset-based Lending team in the Western Region.In his role, Naber will be responsible for new deal originations and relationship development in the... Read Story

The PNC Financial Services Group has acquired Linga, a point of sale (POS) and payments solutions firm providing an industry-leading, cloud-based restaurant operating system. The acquisition of Linga and its technology will further expand PNC's... Read Story

Farmers & Merchants State Bank announced the appointment of Eric Faust as the Senior Vice President and Chief Risk Officer (CRO). F&M also announced Benét Rupp, Chief Administrative Officer, has been promoted to Executive Vice President.Lars Eller... Read Story

NJ-based Columbia Bank announced it hired Matthew Rickert as Executive Vice President, Chief Credit Officer. In his role, Rickert is responsible for the Bank’s credit policies, including all aspects of Commercial Credit and Special Assets.Rickert has... Read Story

Huntington National Bank celebrates the grand opening of Detroit's Huntington Tower, located at 2025 Woodward Avenue. The new tower is located in the heart of The District Detroit, a world-class, mixed-use sports and entertainment district emerging... Read Story

Provident Bank announced that Damiano Tulipani has joined the organization as Senior Vice President, Chief Information Security Officer.In this role, Mr. Tulipani will play a critical role in providing vision, leadership, oversight, and management of... Read Story

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... Read Story

Fifth Third Bank has launched its Mortgage Warehouse Finance business to meet the needs of independent mortgage bankers. As one of the largest regional banks in the U.S., Fifth Third offers the liquidity, credit and banking solutions independent... Read Story

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... Read Story

U.S. Bancorp and Mitsubishi UFJ Financial Group (MUFG) have mutually agreed to exercise their right under the purchase agreement for U.S. Bank’s acquisition of MUFG Union Bank’s core regional banking franchise to extend the outside termination date... Read Story

SVB Financial Group, parent of Silicon Valley Bank, announced the appointment of Thomas King, former Chief Executive Officer of Investment Banking at Barclays, to its board of directors, effective September 13, 2022. King will also serve on the... Read Story

Umpqua Bank, a subsidiary of Umpqua Holdings Corporation announced the expansion of its Phoenix-based middle market banking team with the addition of five new members to support its rapid growth in serving mid-size companies across Arizona.Today's... Read Story

Truist Financial Corporation announced that Mike Maguire, Truist's chief consumer finance and payments officer, has been named chief financial officer (CFO) effective Sept. 15. Maguire succeeds current Truist CFO Daryl Bible, whose retirement was... Read Story

Mitsubishi UFJ Financial Group (MUFG) announced the expansion of its newly formed Direct Lending business with the hiring of Claude Mattessich and Will McCarthy. Both Mattessich and McCarthy have joined the bank as Managing Directors and Senior... Read Story

Western Alliance Bank announced the promotions of several senior executives and the formation of a new Executive Leadership Team as part of the bank’s continuing commitment to align its management structure to support its industry-leading growth.“I... Read Story

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... Read Story

Nicole Cangelosi was named Senior Vice President, Head of Retail Finance Group Underwriting and Origination, at Bank of America Business Capital, based in New York City.  Cangelosi is responsible for a team of underwriters and analysts dedicated to... Read Story

CIT Bank, the national online bank, 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, which covered... Read Story

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... Read Story

Atlantic Union Bank has named Sherry Williams as its new Chief Risk Officer. Williams will be responsible for the company’s enterprise and regulatory risk management functions that serve to safeguard its customers, investors, reputation and... Read Story

Genesis Bank launched Genesis Bank Exchange, the Bank’s 1031 exchange division. Genesis Bank Exchange will serve as a Qualified Intermediary to facilitate Section 1031 exchanges of like-kind investment and business real property, will hold client... Read Story

Regions Bank on Thursday announced Ryan Sladek has joined the company’s Institutional Services division and will lead a team of strategists to deliver customized investment services for corporations, businesses, nonprofits, municipalities, and... Read Story

Provident Bank announced that Ravi Vakacherla has joined the organization as Executive Vice President, Chief Digital and Innovation Officer. This position redefines the Chief Information Officer role and underscores the company’s commitment to... Read Story

Dechert LLP advised Huntingdon Valley Bank (HVB) in connection with a master participation arrangement to sell participations in commercial loans to the MakerDAO PROTOCOL, believed to be the first commercial loan participation between a U.S.... Read Story

Trustmark National Bank, a wholly owned subsidiary of Trustmark Corporation, announced the introduction of a new line of business, Equipment Finance, in its Specialty Banking division that is based in Atlanta, GA.“We are pleased to add equipment... Read Story

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... Read Story

Brian Thomas, Commercial Banking Team Leader for Summit Bank, announced that Joshua Adams has been hired as Senior Vice President, Commercial Banking Officer and Zach Weber has been hired as Assistant Vice President, Senior Associate Business Client... Read Story

The Board of Directors of MVB Financial Corp. announced that W. Marston Becker has been named Chairman of the Board.Becker, who has been a member of the Board since November 2020, replaces retiring Chairman David B. Alvarez. Becker is a member of the... Read Story

CIBC Innovation Banking is expanding its presence in the Southeastern region of the U.S. through a new office in Durham, North Carolina.Through its new 14th regional office, CIBC Innovation Banking will help support the growth ambitions of the... Read Story

Truist Financial Corporation announced that Scott Stanzel will join the company as executive vice president and chief communications officer, effective Oct. 1, 2022. Stanzel will report to Chief Legal Officer and Head of Public Affairs Ellen... Read Story

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... Read Story

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... Read Story

First Business Specialty Finance, LLC., a subsidiary of First Business Bank, added several new team members to its Accounts Receivable Financing group. The team continues to grow with the success of its business model of serving clients quickly... Read Story

Crestmark, the Commercial Finance division of Pathward, formerly known as MetaBank, announced the addition of five new members to its sales team, and the promotion of Dean Allman.Allman joined Crestmark in 2018 as a national account executive, and... Read Story

Comerica named Joe Ursuy to the new role of Executive Vice President, National Businesses for Energy, Renewables and Waste. He will report to Mike Ritchie, Executive Vice President, Head of National and Specialty Businesses.Ursuy most recently served... Read Story

Standard Chartered Bank announced the hiring of Roy Kuruvilla as a managing director for its leveraged and acquisition finance platform in the Americas. In his role, Kuruvilla is responsible for developing the Bank’s leveraged and acquisition finance... Read Story

Mark Wade has been named CEO for Bank of Texas as of January 1, 2023. Wade will assume the role as long-time CEO Norm Bagwell transitions into a new part-time role after leading the Texas bank for more than 15 years.“Norm Bagwell has been an... Read Story

SMBC and SMBC Nikko Securities America, Inc., members of SMBC Group, announced the appointment of Christopher Baldwin and Josh Maio as Managing Directors.Baldwin joins the Real Estate, Gaming & Leisure team within the Corporate & Investment Banking... Read Story

Comerica Bank named Corey Bailey, Executive Vice President, Credit Risk Management & Decisioning, to the new role of Executive Vice President, Head of Middle Market & Business Banking. Bailey will report to Peter Sefzik, Executive Vice President... Read Story

MVB Financial Corp., the holding company for MVB Bank, Inc., announced it has entered into a definitive merger agreement pursuant to which MVB will acquire Integrated Financial Holdings, Inc. in an all-stock transaction. The strategic combination is... Read Story

Atlantic Union Bank is expanding its asset-based lending team to help working capital intensive companies meet their financing needs. The team will now operate as a new specialty finance division, branded Atlantic Union Business Credit, and offer a... Read Story

SMBC, a member of SMBC Group, appointed Mark Corteil as Managing Director and Chief Credit Risk Officer for the Americas Division.In this role, Mark is responsible for overseeing all aspects of credit risk management in the Americas region. He... Read Story

PNC Bank announced the appointment of financial services veteran and Silicon Valley native Megan Schoettmer as Regional President for Northern California. The appointment marks PNC’s continued expansion in the Golden State, including earlier... Read Story

Regions Bank announced Tom Speir has been elevated to serve as head of Strategy and Corporate Development. Speir will report to Regions Chief Financial Officer David Turner.In this role, Speir will lead the bank’s enterprise-wide strategic planning... Read Story

AIO Logic announced the launch of their AXIS commercial lending platform. AXIS by AIO Logic provides commercial lenders with increased efficiency and accuracy throughout the loan life cycle by providing them with unprecedented automation and... Read Story

HSBC Bank Canada has appointed Daniel Hankinson Chief Financial Officer succeeding Gerhardt Samwell who left HSBC in July to pursue other opportunities. Dan is expected to start in the role in September 2022. Kevin Nichols, the Bank’s Vice President... Read Story

J.P. Morgan Global Alternatives announced the hire of two seasoned executives to enhance the firm's capabilities in private credit and private equity secondaries.Andrew Carter joins J.P. Morgan Alternative Asset Management as Head of Private Credit... Read Story

Synovus appointed Shellie Creson as its Chief Risk Officer. She succeeds Mark Holladay who retired from Synovus in March. Creson reports to President and CEO Kevin Blair and joins the Synovus Executive Leadership Team. She leads the company’s... Read Story

Wells Fargo announced Amrita Patel will lead Wells Fargo Equipment Finance (WFEF), which offers specialized financing for purchase, acquisition or leasing of assets pertaining to equipment, transportation and rental fleets, as well as comprehensive... Read Story

TD Bank Group and Cowen Inc. announced a definitive agreement for TD to acquire Cowen in an all-cash transaction valued at US$1.3 billion, or US$39 for each share of Cowen common stock. Through this transaction, TD Securities will accelerate its long... Read Story

M&T Bank announced that Matthew T. Orrino has been named a Managing Director and head of Institutional Commercial Real Estate (CRE) Capital Markets at M&T Investment Banking. Hired by the Corporate & Investment Bank ("CIB"), Orrino will be focused on... Read Story

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... Read Story

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... Read Story

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... Read Story

Wells Fargo Commercial Banking announced that Tanner Phifer will lead Middle Market Asset-Based Lending (ABL) origination for the West region, which is part of the bank’s secured lending and leasing businesses. The Middle Market ABL originations team... Read Story

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... Read Story

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... Read Story

Jenny Bennett, Market President at Summit Bank, announced the promotion of Jeff Gusinow as a Senior Lending Consultant. Gusinow has been a Eugene/Springfield-based banker since 1988. He spent 24 banking years with Siuslaw Bank, an Oregon-based... Read Story

Wells Fargo & Company announced Mary Katherine DuBose as the head of the bank’s secured lending division that includes asset-based lending, equipment finance, supply chain finance, and inventory finance. DuBose reports to Kyle Hranicky, Chief... Read Story

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, today announced it has provided a $61.7 million construction loan to The Michaels Organization (Michaels), a national leader... Read Story

Lima Ekram has joined the Financial Institutions Group within Capital One’s Commercial Bank as Managing Director, Residential Mortgage Banking research. In this role, she will be responsible for developing research on key macroeconomic and industry... Read Story

M&T has launched its new Commercial Real Estate Innovation Office, an integrated team focused on building comprehensive solutions for commercial real estate (CRE) clients. The CRE Innovation Office aims to creatively connect financial products to... Read Story

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... Read Story

Republic First Bancorp, the parent company of Republic First Bank d/b/a Republic Bank (the “Bank”), announced several corporate governance changes as the Company and its Board of Directors (the “Board”) seek to maximize shareholder value. Harry D.... Read Story

TD Bank announced Don Baker has joined TD as the Vermont Commercial Market President. Baker succeeds Phil Daniels, who will be retiring later this year after 40 years with TD.“We thank Phil for his outstanding leadership and dedication to his TD... Read Story

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... Read Story

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. Read Story

The First Bancshares, holding company for The First Bank (The First), announced it has received all required regulatory approvals for the consummation of its proposed acquisition of Beach Bancorp, Inc. (BBI), parent company of Beach Bank based in... Read Story

Natixis Corporate & Investment Banking ("Natixis CIB") announced the appointments of Brad Roberts and David Williams as Co-Heads of Credit Americas, where they will be responsible for overseeing the Global Structured Credit & Solutions Group, as well... Read Story

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... Read Story

Bank of America has named Brian King as President of Bank of America Maine. King succeeds Bill Williamson, who held the position for 10 years and has announced his decision to retire next year after more than 40 years with the company. As President... Read Story

Columbia Bank, the wholly owned subsidiary of Columbia Banking System, announced the expansion of its Business Lending Division into Utah with the hires of veteran Salt Lake City-area bankers Jeffrey Thomas and James Divver.Thomas and Divver, both... Read Story

Fulton Financial Corporation announced the successful completion of its acquisition of Prudential Bancorp, Inc. headquartered in Philadelphia, PA, in a transaction in which Prudential Bancorp was merged into Fulton.“We are excited to have completed... Read Story

Harlingen-based Texas State Bankshares, Inc. and Denton-based Access Bancorp, Inc. announced they have completed the merger of Access Bancorp, Inc. with Texas State Bankshares, Inc. and AccessBank Texas with Texas Regional Bank. As a result of the... Read Story

Origin Bancorp, Inc., the holding company for Origin Bank, Choudrant, LA, and BT Holdings, Inc. (BTH), the holding company for BTH Bank, N.A., Quitman, TX, announced that the previously announced merger between BTH and Origin, pursuant to the... Read Story

First Independent Bank, Russell, MN, and Citizens State Bank of Tyler, Inc., announced the signing of an agreement to merge. The Citizens State Bank was founded and chartered on May 28, 1917, by Hans Lauritsen. He was bank president, and his son, C.A... Read Story

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... Read Story

MUFG announced Masatoshi (Masa) Komoriya has been appointed Executive Chairman of the board of directors for MUFG Americas Holdings Corporation and its U.S. banking subsidiary, MUFG Union Bank, N.A. A member of the board of directors since April 2022... Read Story

KeyBanc Capital Markets (“KBCM”), announced the addition of two industry veterans to its Fixed Income Sales & Strategy team: Richard Crose as director and Brian Delany as vice president.  The team, which grew earlier this year with the additions of... Read Story

National Capital Bank (NCB) announced that Bradley J. Duncan and Sean A. Biehl have joined the Bank’s lending team – Duncan as Senior Vice President, Construction Lending Director and Biehl as Vice President, Commercial Loan Officer. With 29 years of... Read Story

Peapack-Gladstone Financial and Peapack-Gladstone Bank appointed Roger Grossman as Senior Managing Director, Commercial Private Banker at Peapack-Gladstone Bank. Grossman is responsible for growing a portfolio of commercial clients and servicing... Read Story

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... Read Story

1st Capital Bancorp, the $1.01 billion asset bank holding company and parent company of 1st Capital Bank, announced the appointment of Jeff Mercer to Chief Credit Officer, effective July 1.Prior to being appointed Interim Chief Credit Officer, Mercer... Read Story

Fulton Financial Corporation and Prudential Bancorp, Inc. announced Prudential Bancorp shareholders have voted to approve Fulton’s acquisition of Prudential Bancorp and its subsidiary, Prudential Bank, located in Philadelphia, PA, with more than 98... Read Story

BankProv is expanding their Sponsor Finance team, by hiring Jean Kim as Senior Vice President. She will lead business development efforts in the New York market with existing and new partner relationships. BankProv's Sponsor Finance team works with... Read Story

Huntington Bancshares has completed its acquisition of Capstone Partners, a leading investment banking and advisory firm, creating a full-service banking experience for clients in Huntington's expanding capital markets and commercial banking... Read Story

IDB 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, and manage financial and operational risk. He... Read Story

Richard ("Rich") Gold, President and Chief Operating Officer for M&T Bank Corporation, has announced his intention to retire, effective after the first quarter of 2023. Gold plans to remain on the Board of Directors of M&T Bank."It's difficult to... Read Story

TD Bank appointed Robert (Rob) Curley III Regional President for its Pennsylvania/New Jersey Metro. He succeeds Michael Carbone following his retirement after 30 distinguished years at TD.In this role, Curley will provide strategic direction and... Read Story

U.S. Bank announced that veteran Colorado banker Benjamin Fields-Elizalde has joined the growing U.S. Bank Asset Based Finance division as vice president.Based in Denver, Fields-Elizalde will lead efforts to provide asset-based credit solutions for... Read Story

BMO Financial Group hired Jim Dore as U.S. Managing Director, Retail Finance Originations, Asset-Based Lending.  In this role and in partnership with Michael Ganann, U.S. Head of Retail Finance, Jim will primarily focus on calling nationwide on BMO... Read Story

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.... Read Story

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... Read Story

American Bank and TexStar National Bank jointly announced the signing of a definitive agreement and plan of merger pursuant to which American Bank will acquire TexStar. In accordance with the merger agreement, TexStar will merge with and into... Read Story

Webster Financial, the holding company for Webster Bank and its HSA Bank division, announced that Vikram Nafde has been appointed to Executive Vice President, Chief Information Officer in charge of Information Technology. As a member of Webster... Read Story

Trustmark National Bank, a wholly-owned subsidiary of Trustmark Corporation announced that Duke Hinds recently joined Trustmark as Director of Commercial Banking, and will be responsible for Trustmark’s commercial products and sales strategy. He... Read Story

Bank of Montreal announced the upcoming retirement of its Chief Risk Officer Patrick Cronin and the appointment of Piyush Agrawal into the role. Agrawal will join the bank as Deputy Chief Risk Officer on July 1 and, after a transition period with... Read Story

Citizens Financial Group completed its previously announced acquisition of DH Capital LLC, a private investment banking firm serving companies in the Internet infrastructure, software and next generation IT services, and communications... Read Story

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... Read Story

PNC Bank announced Kay Geiger will retire as Regional President for Greater Cincinnati and Northern Kentucky effective July 31 following a distinguished 44-year career in financial services. Succeeding her will be long-time local PNC executive Warren... Read Story

CIBC Innovation Banking announced that Ron Singh is joining the team as a Managing Director in CIBC Innovation Banking’s Denver office. With over 20 years of industry experience with business development, deal structuring, and team leadership, Ron... Read Story

F.N.B. Corporation and its banking subsidiary, First National Bank, announced the hiring of Cassandra Cooper as Manager of Diversity and Inclusion (D&I). In this role, Cooper works closely with FNB's leadership team, Diversity Council and lines of... Read Story

Signature Bank announced the appointment of its Corporate Mortgage Finance (CMF) Group. The CMF group provides financing solutions for a range of mortgage-related collateral across Signature Bank’s national footprint. The Signature Bank CMF Group is... Read Story

F.N.B. Corporation and UB Bancorp announced the signing of a definitive merger agreement for FNB to acquire UB Bancorp, including its wholly owned banking subsidiary, Union Bank, in an all-stock transaction valued at $19.56 per share, or a fully... Read Story

On May 23, Huntington Bancshares Incorporated and Thomas C. Shafer agreed that Shafer will retire from the company effective Dec. 31, 2022, according to a filing with the Securities and Exchange Commission. Shafer will step down from his role as the... Read Story

Simmons Bank announced the promotions of Pat Gearhart and Charlie Van Ness to Division Presidents. Gearhart will oversee Wichita, Kansas City and Oklahoma City markets and Van Ness will lead the Northwest Arkansas, Little Rock and Tulsa Markets. Each... Read Story

Webster Bank is expanding its commitment to Commercial & Industrial Middle Market Banking with the addition of David Ferretti as Senior Vice President, Market Manager, New Haven. Ferretti reports to Douglas Scala, Regional President, New England and... Read Story

BMO Financial Group announced a commercial banking office in Grand Rapids, MI, led by BMO's Michigan Managing Director James Hess. It is comprised of five commercial bankers focused on diversified industries, equipment finance and treasury & payment... Read Story

Comerica announced Dave Galbreath has been named its Florida Market President, replacing David Kunik, who has decided to step down so he can focus more directly on managing the market's retail operations.As the Florida Market president, Galbreath... Read Story

Webster Bank joined the newly launched Bankers Helping Bankers (“BHB”) Banking-as-a-Service (BaaS) Association as a founding member. The Association aims to serve the unique needs of BaaS Sponsor banks.  Webster’s BaaS team partners with fintechs, or... Read Story

Santa Cruz County Bank announced the launch of its Asset-Based Lending Division led by Lee Shodiss and Shelly Medina. The Bank's new Asset-Based Lending Division will specialize in serving business clients and emerging growth companies requiring... Read Story

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.... Read Story

Truist Financial announced that Chief Financial Officer Daryl Bible has made the decision to retire from Truist after a distinguished 38-year career and more than 14 years with the company."Daryl has played an instrumental role in the success of our... Read Story

First Business Financial Services announced that Chief Financial Officer Edward G. Sloane, Jr. intends to retire on March 31, 2023 and that the Company plans to name Chief Accounting Officer Brian D. Spielmann to succeed him as CFO effective the same... Read Story

TAB Bank announced the addition of Bills 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... Read Story

Signature Bank announced the launch of a new business line with the appointment of a nine-person Healthcare Banking and Finance (HBF) team. The new private client banking team will provide lending services while garnering deposits to clients within... Read Story

Scott Andrews has been named executive director for BOK Financial’s Healthcare Banking line of business, one of the company’s specialty banking practices.“Since it was organized as a line of business almost a decade ago, our Healthcare Banking... Read Story

On September 21, 2021, MUFG and MUFG Bank announced an agreement to sell all shares of MUFG Union Bank, MUFG’s subsidiary owned through MUFG Americas Holdings Corporation, to U.S. Bancorp, with an expected closing date in the first half of CY2022... Read Story

KeyBank and Beach Point Capital Management, a credit focused investment manager, announced that they have established a new joint venture middle market direct lending program with $1.5 billion in lending capacity for U.S. middle market clients.The... Read Story

M&T Bank named four Regional Presidents: Grace Lee, Frank Micalizzi, Tyré Robinson and Michael Seaver. Micalizzi and Seaver also were named Head of Commercial Banking for their respective states. Frank MicalizziMicalizzi has been named M&T Bank... Read Story

Provident Bank announced that Tara Brady has joined the Bank as First Vice President, Customer Experience Director. The newly created position underscores the Bank’s commitment to elevate the customer... Read Story

U.S. Bank has entered into a collaboration agreement with trade-finance fintech LiquidX to help expedite and simplify supply-chain transactions between suppliers and buyers. This collaboration – which comes at a time of unparalleled stress in the... Read Story

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

BankUnited hired Nate Seymour as market executive, southeast commercial real estate banking, based in the bank’s new Atlanta wholesale banking office.Seymour joins the newly installed team in Atlanta charged with delivering BankUnited’s... Read Story

A federal judge on Friday dismissed class-action claims that Wells Fargo & Co, the fourth-largest U.S. bank, misled or defrauded shareholders about its commercial loans, Reuters reported. U.S. District Judge William Alsup in San Francisco, CA, said... Read Story

Regions Bank announced Dan Massey will join the company as Chief Enterprise Operations and Technology Officer.Directly reporting to John Turner, President and CEO of Regions Financial Corp., Massey will lead teams that oversee several critical... Read Story

JPMorgan Chase Commercial Banking 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 with fellow EMM... Read Story

Wells Fargo announced the formation of six distinct businesses within the Corporate & Investment Bank’s (CIB) Markets group. The leaders of each business line report directly to Mike Riley and Dan Thomas, co-heads of Markets.“We are pleased to... Read Story

Old National Bank announced it has appointed six Market Presidents across its Illinois footprint. Old National Bancorp, the holding company of Old National Bank, recently completed its transformative merger with First Midwest Bancorp, Inc. to create... Read Story

Arvest Bank announced that Richard Pulliam has joined the team as Chief Product and Strategy Officer to advance the company's multi-year growth strategy. Pulliam's focus is to bring new product initiatives to market."Richard and I began working... Read Story

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

First Internet Bancorp, the parent company of First Internet Bank, announced that First Century Bancorp. has terminated the agreement and plan of merger between the two companies. Under the agreement, announced November 2, 2021, the consummation of... Read Story

FirstBank announced Chief Operating Officer (COO) Emily Robinson retired on April 29 after nearly 30 years with the bank.The former President of Retail and Digital Banking, Kelly Kaminskas, will replace Robinson on FirstBank’s Senior Leadership Team... Read Story

CIT, a division of First Citizens Bank, announced its Community Association Banking group has been selected as winner of the "Best B2B Payments Platform" award for C-PropertyPay in the sixth annual FinTech Breakthrough Awards program. The recognition... Read Story

Crestmark announced the additions of Richard Flamang and Ralph Aurelia as experienced business development team members to the Working Capital group. They will be responsible to enhance the growth of small- to medium-sized businesses by providing... Read Story

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

CIBC Innovation Banking announced that it is opening a new office in Seattle, Washington to help support the growth ambitions of the hundreds of existing and emerging start ups in the area.Leading the expansion effort in Seattle is John Flemming, who... Read Story

Republic Bank hired Donald Greenleaf as Vice President, Commercial Lending for Bucks County. In his role, Greenleaf will be responsible for growing the bank’s commercial loan portfolio as it continues to expand its presence in this key... Read Story

First Citizens Bank hired experienced banker Linda Stanley as a relationship manager in its Middle Market Banking business.In this role, Stanley will be responsible for developing, maintaining and expanding client and prospect relationships in the... Read Story

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

Gateway First Bank announced that Zac Holly has joined the Bank’s commercial lending team as the Dallas Market President.Holly joins Gateway with extensive experience in the banking and financial services industry, with a specialty in energy lending... Read Story

PlainsCapital Bank announced that Danny Schroder has been promoted to Houston region chairman. In his new role, Schroder will oversee and coordinate banking operations and market development for PlainsCapital’s branches in the greater Houston... Read Story

First Business Bank welcomed Chris McCarty back to First Business Bank as Vice President – Asset-Based Lending.“We’re very excited to have Chris back on our Asset-Based Lending team,” said Pete Lowney, President of Asset-Based Lending, part of First... Read Story

Fifth Third Bancorp announced that Greg Carmichael has elected to retire as chief executive officer effective July 5. At that time, Carmichael will become executive chairman, continuing to lead the Board of Directors and provide advice and counsel to... Read Story

TD Bank promoted four employees into key positions to support and grow the bank's goal of strengthening its position as an industry leader in supporting diverse communities and businesses of all sizes in the Delaware Valley. Geoff Brandon has been... Read Story

Univest Bank and Trust Co., subsidiary of Univest Financial Corporation, announced the appointment of Patrick McCormick as Executive Vice President and Chief Credit Officer. McCormick brings nearly 20 years of credit experience in the financial... Read Story

BankNewport announced that Jeanne Lapak joined the bank’s executive team as Executive Vice President, Chief Commercial Banking and Lending Officer, responsible for leading the Commercial and Business Banking Teams.With over 20 years of banking... Read Story

Washington Federal, parent company of Washington Federal Bank (WaFd Bank), announced the promotion of veteran commercial banker Doron Joseph to lead the bank in Nevada as its first Regional President in the Silver State.Doron came to WaFd in 2019 as... Read Story

Citizens Financial Group announced the closing of its previously announced acquisition of Investors Bancorp. The acquisition of Investors, along with the recently completed acquisition of HSBC’s East Coast branches and national online deposit... Read Story

Citizens Financial Group named Ben Vinzant as Chief Data and Analytics Officer, effective June 27, 2022. Vinzant will join Citizens from JPMorgan Chase, where he most recently served as Managing Director, Head of Sales Science. During that time, he... Read Story

Provident Bank added 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 Vice Presidents/Commercial Lending Team... Read Story

J.P. Morgan Commercial Banking has named Linda Redding its new Head of Equipment Finance and announced expanded responsibilities for Mac Fowle as its Head of Capital Finance Solutions. Redding will lead a team responsible for helping overseeing... Read Story

Valley National Bancorp announced that its acquisition of Bank Leumi Le-Israel Corporation (“Leumi USA”), the U.S. subsidiary of Bank Leumi Le-Israel B.M. (“BLITA”), and parent company of Bank Leumi USA (“Bank Leumi”) was completed effective April 1... Read Story

WSFS Bank announced Liam Brickley has been named Senior Vice President, Chief Credit Officer, reporting to Christine E. Davis, Executive Vice President, Chief Risk Officer (CRO). In his role, Brickley will be responsible for the oversight and... Read Story

Barclays appointed Graham Warner as Americas Head of International Corporate Banking. Warner will report to Phil Bowkley, Head of International Corporate Banking, and will be based in New York.“Growing our Corporate Banking franchise in the Americas... Read Story

KeyBanc Capital Markets, the corporate and investment banking arm of Cleveland-based KeyCorp, announced the addition of industry veteran Brian McGrath to lead its Investment Grade (IG) Credit Trading platform. McGrath, a Managing Director, will lead... Read Story

Citizens Financial Group and Investors Bancorp announced receipt of regulatory approval from the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency to complete the previously announced acquisition of... Read Story

Gateway First Bank announced that Rob Hoffman and Todd Welch have joined the Bank’s management team as Vice Presidents, Commercial Lending. Both bankers join Gateway with extensive experience in the banking and financial services industry.Gateway... Read Story

WSFS Financial Corporation has completed the brand conversion and systems integration of Bryn Mawr Trust into its primary subsidiary, WSFS Bank.All Bryn Mawr Trust banking accounts have successfully converted to WSFS Bank accounts. All legacy Bryn... Read Story

JPMorgan Chase announced key organizational changes. Thelma Ferguson, who has served as the Northeast Segment Head for Middle Market Banking & Specialized Industries (MMBSI) for the past 12 years, will become Vice Chairman of Commercial Banking (CB).... Read Story

CIBC announced its new Junior Debt Lending & Advisory team within the bank's US Commercial Banking group. This marks its 17th specialty banking area. The new team follows its addition of an Equipment Finance team in January."Our clients require the... Read Story

Wilmington Trust announced the addition of five new team members to the Project Finance Agency Services business within Global Capital Markets (GCM) – Stephanie Li, Rafael Miranda, Amedeo Morreale, Kevin Pennant, and Bobby Reyes. The team will report... Read Story

PNC Bank announced Connie Bond Stuart will retire as Regional President for Central and Southern Indiana effective April 30, following a 41-year career with the bank. Succeeding her will be veteran banking executive and Indiana native, Jason Eckerle... Read Story

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

Mitsubishi UFJ Financial Group (MUFG) announced that Yezdan Badrakhan will be joining the firm as Managing Director and Head of U.S. Esoteric Asset Backed Securities (ABS). Based in New York, Mr. Badrakhan will report to Tricia Hazelwood... Read Story

Versana announced its plans to launch a leading-edge, industry-backed syndicated loan platform, joining together banks, institutional lenders and their service providers to bring transparency, efficiency and velocity to this $5 trillion... Read Story

Huntington Bancshares announced that Brant J. Standridge will join Huntington as President of Consumer & Business Banking, effective in early April 2022. In this role, Standridge will have responsibility for Huntington's branch network, business... Read Story

WSFS Bank announced the following 12 associates from across the organization have been elevated to Senior Vice President positions: Rebecca Acevedo – SVP, Director of Corporate Communications Laura Almeda – SVP, BSA/OFAC Officer Patrick Best –... Read Story

Crédit Agricole CIB appointed Ghislain Descamps as Senior Country Officer for Canada. Descamps most recently led the Multinational Corporation Coverage Team in the Americas based in New York City since 2014. In that position, he contributed to the... Read Story

First Carolina Bank announced Steven Deaton has joined its team as Chief Credit Officer to be based in the bank’s new Atlanta, GA, office.Deaton joins the bank with 36 years of experience in the banking industry and will bring a wealth of knowledge... Read Story

First Business Bank has added Laura Garcia as Chief Risk Officer. Garcia has 25 years of extensive experience in credit and compliance, most recently working with BMO. She also has valuable experience working in sales, developing training programs... Read Story

Truist Financial Corporation announced that as part of a planned transition, William H. “Bill” Rogers Jr., Truist’s Chief Executive Officer, will become Chairman of the board and Thomas E. Skains will become Lead Independent Director. Both... Read Story

M&T Bank Corporation announced receipt of regulatory approval from the Board of Governors of the Federal Reserve System to complete the previously announced acquisition of People's United Financial. The transaction has also received approval from... Read Story

WSFS Bank, the primary subsidiary of WSFS Financial Corporation announced that Christine E. Davis has been named Executive Vice President, Chief Risk Officer (CRO), reporting to Rodger Levenson, WSFS Chairman, President and CEO. In her new role, she... Read Story

Bank of America Business Capital announced that Jennifer Cann joined as Senior Vice President and Head of the Retail Finance Group Portfolio. Based in Boston, Cann manages the ABL Retail Portfolio team responsible for credit, monitoring and strategic... Read Story

Fifth Third Bancorp announced that Kala Gibson, executive vice president and chief corporate responsibility officer, has assumed additional oversight of sustainability and inclusion and diversity, and he will serve as the chair of the Fifth Third... Read Story

Seacoast Banking Corporation of Florida has hired James Stallings, a banking and credit risk leader with nearly 25 years of experience, as executive vice president and chief credit officer. Stallings succeeds Richard Raiford, who recently... Read Story

Citizens Financial Group announced the appointment of Polly N. Klane as General Counsel and Chief Legal Officer, effective April 4. Klane joins Citizens from Capital One Financial Corp., where she most recently has served as Senior Vice President and... Read Story

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

Banc of California hired Matthew Grimes in the new position of SVP, ABL Leader. In this position, Grimes will be responsible for leading the bank’s Asset Based Lending efforts. Grimes will report to Hamid Hussain, President, Real Estate and... Read Story

M&T Bank Corporation and People's United Financial, Inc. jointly announced the two companies have agreed to extend their merger agreement from Feb. 21 to June 1.The companies announced a year ago that M&T Bank had agreed to acquire People’s United... Read Story

PNC Bank announced Charles P. “Chuck” Denny will retire as Regional President for Louisville on March 31, following a distinguished 41-year career with the bank. Succeeding Denny is Kristen Byrd, a 20-year PNC banking veteran and native Louisvillian... Read Story

Truist Securities announced the recent appointments of three new investment banking group heads, expanding and strengthening the firm’s client coverage and commitment to offering a high-touch advisory approach.   Stellar Kim Tucker has joined... Read Story

Peoples Bancorp Inc. announced its wholly owned subsidiary, Peoples Bank, has entered into a definitive agreement to acquire Vantage Financial, LLC, a nationwide provider of equipment financing headquartered in Excelsior, MN. Under the terms of the... Read Story

MidFirst Business Credit (MFBC) added Justin Carter as vice president and business development officer. Based out of Los Angeles, he will assist with originating senior secured debt facilities for companies throughout California and the West... Read Story

SMBC, a member of SMBC Group, announced appointed Thomas Bergen as Managing Director and Head of Private Credit with the Strategic Credit Products Department.In this role, Tom will be responsible for managing and growing SMBC’s third party investor... Read Story

Peter F. Smith, Chairman of the Board of Directors for CNB Bank and CNB Financial Corporation, and Joseph B. Bower, Jr., CEO of CNB Bank and President and CEO of CNB Financial Corporation, announced Bower’s intention to retire from these positions... Read Story

Crestmark, the Commercial Finance Division of MetaBank, N.A., announced a series of organizational changes as part of a company-wide initiative to enhance customer experience and improve operational execution. “Refocusing our organizational structure... Read Story

WSFS Bank announced the promotion of three Associates in the Bank’s Commercial, Small Business and Retail Lending divisions.The following Associates have been promoted: Jim Wechsler – Senior Vice President, Chief Operating Officer, Commercial... Read Story

Webster Financial Corporation and Sterling Bancorp jointly announced the completion of their previously announced merger, creating one of the largest commercial banks in the Northeast. The combined company is a unique financial institution, with a... Read Story

Banc of California hired John Helgeson in the new position of Senior Director, Specialty Banking to focus on banking and lending to charter schools. In this position, Helgeson will be reporting to Patti Thompson-Derry, Market Executive for Banc of... Read Story

Wells Fargo & Company announced that Jessica Lupovici has been named head of Middle Market Banking’s East Region, part of Commercial Banking. Lupovici will join Wells Fargo in April and report to Kristin Lesher, executive vice president and head of... Read Story

Bank of Ann Arbor announced a new Asset Based Lending Group, stationed in its new branch office at 260 East Brown Street, Birmingham, Michigan. As reported last week, this new branch location housing retail banking, commercial lending, and asset... Read Story

Columbia Bank announced a five-person commercial banking team has joined its Seattle, WA, office as the bank continues to grow in this critical market."Middle-market companies in the Seattle area are poised for additional growth in the coming years... Read Story

Bridge Bank announced its Technology Banking Group provided $7 million in venture debt to Appcues, which builds technology to identify onboarding issues and provide low-code, non-technical solutions to fix them. The deal was led by Brendan Carr and... Read Story

Manufacturers Bank added Michael Leary, a Chartered Financial Analyst, as Executive Vice President and Chief Risk Officer, reporting to Kazuhisa Miyagawa, Chairman and CEO, and functionally to the Manufacturers Bank Board of Directors and to Kim... Read Story

U.S. Bank hired two bankers with deep asset-based lending experience for its growing asset-based finance business. The hires are part of a strategy for the broader U.S. Bank Commercial Banking team to continue its expansion in Texas and across the... Read Story

eCapital Corp. announced the acquisition of UMB Bank’s Accounts Receivable Financing division portfolio.“This acquisition from UMB Bank supports our organizational growth strategy, as we continue to advance our position in the alternative finance... Read Story

Banc of California hired Guillaume de Chalendar in the new position of SVP, Head of Media & Entertainment. In this position, de Chalendar will be responsible for the strategy and growth of Banc of California’s Media & Entertainment vertical, which... Read Story

MidFirst Business Credit (MFBC) provided a $15 million working capital facility to Coast Medical Service, Inc. Headquartered in Los Angeles, Coast Medical is a healthcare staffing company that recruits and hires nurses for placement in both... Read Story

J.P. Morgan Asset Management announced a new sustainability-focused growth private equity investment team. The team will launch its first private equity strategy focused on investing in growth-stage private companies that drive resource efficiency... Read Story

Texas Capital Bancshares, Inc., the parent company of Texas Capital Bank, announced John W. Cummings will serve in the newly created role of Executive Vice President, Chief Administrative Officer.Cummings brings nearly 40 years of management and... Read Story

Columbia Bank added a five-person commercial banking team to its Seattle office as the Bank continues to grow in this critical market."Middle-market companies in the Seattle area are poised for additional growth in the coming years and they require... Read Story