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News Stories (473 Results) - Banking News

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
December 01, 2022, 05:00 AM


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
November 29, 2022, 08:07 AM


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
November 28, 2022, 08:09 AM


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
November 28, 2022, 07:00 AM


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
November 23, 2022, 07:09 AM


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
November 23, 2022, 07:00 AM


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
November 22, 2022, 07:53 AM


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
November 21, 2022, 07:58 AM


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
November 18, 2022, 07:48 AM


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
November 17, 2022, 07:35 AM


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
November 16, 2022, 08:00 AM


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
November 16, 2022, 07:00 AM


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
November 15, 2022, 07:10 AM


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
November 15, 2022, 07:00 AM


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
November 14, 2022, 08:00 AM


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
November 14, 2022, 07:34 AM


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
November 11, 2022, 07:55 AM


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
November 10, 2022, 08:02 AM


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
November 10, 2022, 07:11 AM


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
November 10, 2022, 07:00 AM


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
November 09, 2022, 08:02 AM


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
November 08, 2022, 08:00 AM


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
November 07, 2022, 08:00 AM


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
November 07, 2022, 07:00 AM


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
November 01, 2022, 08:00 AM


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
November 01, 2022, 07:36 AM


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
October 28, 2022, 07:50 AM


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
October 28, 2022, 07:49 AM


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
October 27, 2022, 07:55 AM


 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
October 26, 2022, 07:45 AM


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
October 26, 2022, 07:15 AM


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
October 25, 2022, 07:17 AM


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
October 21, 2022, 07:35 AM


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
October 20, 2022, 07:45 AM


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
October 19, 2022, 07:47 AM


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
October 18, 2022, 08:00 AM


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
October 18, 2022, 07:50 AM


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
October 17, 2022, 08:07 AM


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
October 17, 2022, 08:02 AM


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
October 17, 2022, 07:55 AM


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
October 17, 2022, 07:44 AM


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
October 14, 2022, 07:45 AM


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
October 13, 2022, 08:00 AM


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
October 12, 2022, 08:02 AM


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
October 12, 2022, 08:00 AM


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
October 12, 2022, 06:00 AM


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
October 10, 2022, 07:21 AM


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
October 10, 2022, 07:06 AM


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
October 07, 2022, 07:27 AM


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
October 07, 2022, 07:24 AM


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
October 06, 2022, 08:02 AM


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
October 06, 2022, 07:38 AM


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
October 05, 2022, 07:46 AM


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
October 05, 2022, 07:13 AM


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
October 03, 2022, 07:20 AM


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
September 30, 2022, 07:40 AM


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
September 30, 2022, 07:40 AM


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
September 29, 2022, 07:58 AM


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
September 27, 2022, 08:00 AM


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
September 27, 2022, 07:58 AM


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
September 27, 2022, 07:00 AM


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
September 26, 2022, 07:58 AM


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
September 26, 2022, 07:40 AM


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
September 22, 2022, 07:10 AM


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
September 22, 2022, 06:00 AM


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
September 21, 2022, 08:03 AM


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
September 20, 2022, 08:05 AM


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
September 20, 2022, 08:00 AM


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
September 19, 2022, 08:00 AM


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
September 16, 2022, 07:00 AM


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
September 09, 2022, 08:01 AM


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
September 08, 2022, 07:55 AM


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
September 08, 2022, 07:52 AM


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
September 07, 2022, 08:00 AM


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
September 06, 2022, 08:10 AM


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
September 02, 2022, 07:46 AM


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
September 02, 2022, 07:44 AM


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
August 30, 2022, 07:57 AM


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
August 30, 2022, 07:54 AM


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
August 30, 2022, 07:00 AM


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
August 29, 2022, 08:00 AM


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
August 29, 2022, 07:51 AM


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
August 29, 2022, 07:00 AM


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
August 26, 2022, 08:02 AM


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
August 26, 2022, 08:00 AM


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
August 26, 2022, 07:33 AM


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
August 26, 2022, 06:00 AM


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
August 25, 2022, 07:52 AM


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
August 25, 2022, 07:34 AM


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
August 24, 2022, 07:49 AM


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
August 24, 2022, 07:45 AM


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
August 24, 2022, 07:30 AM


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
August 23, 2022, 07:58 AM


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
August 23, 2022, 07:54 AM


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
August 18, 2022, 08:00 AM


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
August 18, 2022, 07:55 AM


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
August 17, 2022, 07:32 AM


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
August 16, 2022, 08:00 AM


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
August 15, 2022, 07:40 AM


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
August 12, 2022, 08:03 AM


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
August 10, 2022, 07:58 AM


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
August 10, 2022, 07:10 AM


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
August 09, 2022, 07:00 AM


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
August 05, 2022, 07:21 AM


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
August 04, 2022, 08:10 AM


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
August 04, 2022, 07:34 AM


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
August 03, 2022, 07:10 AM


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
August 02, 2022, 08:03 AM


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
August 02, 2022, 08:02 AM


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
August 02, 2022, 07:49 AM


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
July 29, 2022, 07:10 AM


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
July 29, 2022, 07:00 AM


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
July 29, 2022, 07:00 AM


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
July 28, 2022, 08:02 AM


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
July 26, 2022, 08:00 AM


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
July 26, 2022, 07:52 AM


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
July 25, 2022, 06:00 AM


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
July 21, 2022, 08:02 AM


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
July 21, 2022, 07:56 AM


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
July 21, 2022, 07:27 AM


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
July 20, 2022, 08:02 AM


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
July 20, 2022, 07:50 AM


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
July 18, 2022, 07:31 AM


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
July 15, 2022, 07:58 AM


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
July 15, 2022, 07:11 AM


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
July 11, 2022, 08:00 AM


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
July 11, 2022, 06:00 AM


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
July 08, 2022, 08:00 AM


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
July 07, 2022, 08:01 AM


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
July 07, 2022, 07:51 AM


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
July 06, 2022, 06:00 AM


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
July 05, 2022, 08:00 AM


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
July 05, 2022, 07:08 AM


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
July 05, 2022, 07:00 AM


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
July 01, 2022, 06:30 AM


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
July 01, 2022, 05:00 AM


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
June 29, 2022, 08:02 AM


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
June 29, 2022, 08:00 AM


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
June 29, 2022, 07:23 AM


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
June 29, 2022, 07:11 AM


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
June 28, 2022, 07:06 AM


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
June 27, 2022, 07:49 AM


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
June 20, 2022, 08:25 AM


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
June 20, 2022, 07:50 AM


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
June 17, 2022, 08:00 AM


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
June 17, 2022, 07:52 AM


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
June 16, 2022, 08:00 AM


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
June 16, 2022, 07:55 AM


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
June 16, 2022, 07:46 AM


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
June 15, 2022, 07:25 AM


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
June 14, 2022, 08:04 AM


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
June 13, 2022, 07:50 AM


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
June 13, 2022, 07:45 AM


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
June 13, 2022, 07:13 AM


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
June 10, 2022, 08:00 AM


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
June 10, 2022, 07:51 AM


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
June 09, 2022, 07:45 AM


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
June 09, 2022, 07:29 AM


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
June 08, 2022, 07:58 AM


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
June 07, 2022, 08:00 AM


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
June 03, 2022, 07:00 AM


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
June 02, 2022, 08:00 AM


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
June 02, 2022, 06:07 AM


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
May 31, 2022, 08:05 AM


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
May 31, 2022, 07:30 AM


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
May 26, 2022, 07:55 AM


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
May 26, 2022, 07:38 AM


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
May 26, 2022, 07:33 AM


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
May 26, 2022, 07:00 AM


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
May 24, 2022, 07:45 AM


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
May 24, 2022, 07:33 AM


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
May 23, 2022, 07:35 AM


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
May 20, 2022, 07:55 AM


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
May 19, 2022, 07:33 AM


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
May 18, 2022, 07:53 AM


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
May 16, 2022, 08:00 AM


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
May 16, 2022, 07:00 AM


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
May 13, 2022, 07:57 AM


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
May 13, 2022, 07:53 AM


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
May 12, 2022, 07:20 AM


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
May 11, 2022, 08:02 AM


Cadence Bank appointed Mandy Mitchell as its Chief Experience Officer, a newly established position reporting to the chairman and CEO. In her new role, Mitchell is responsible for developing and overseeing strategies that enhance customers' and... Read Story
May 11, 2022, 07:10 AM


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
May 10, 2022, 07:00 AM


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
May 09, 2022, 08:08 AM


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
May 09, 2022, 07:00 AM


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
May 06, 2022, 08:00 AM


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
May 06, 2022, 07:50 AM


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
May 06, 2022, 06:00 AM


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
May 04, 2022, 07:47 AM


Blue Ridge Bank announced the establishment of its middle market banking division. This effort entails the buildout of commercial banking teams in attractive MSA's in the Mid Atlantic and Southeast.   The division is led by C. Douglass Riddle... Read Story
May 03, 2022, 06:00 AM


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
May 02, 2022, 07:32 AM


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
May 02, 2022, 07:00 AM


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
April 28, 2022, 07:21 AM


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
April 25, 2022, 07:22 AM


Bank of America named Carolyn Rainey President of Bank of America Charlottesville.As President, Rainey will be responsible for connecting the banking and investment resources offered through the bank’s eight lines of business to people and companies... Read Story
April 22, 2022, 07:52 AM


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
April 21, 2022, 07:46 AM


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
April 21, 2022, 06:00 AM


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
April 20, 2022, 07:55 AM


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
April 19, 2022, 08:00 AM


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
April 19, 2022, 06:00 AM


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
April 15, 2022, 07:32 AM


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
April 15, 2022, 07:26 AM


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
April 13, 2022, 08:00 AM


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
April 13, 2022, 07:53 AM


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
April 11, 2022, 07:50 AM


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
April 11, 2022, 07:12 AM


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
April 08, 2022, 06:00 AM


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
April 07, 2022, 07:45 AM


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
April 07, 2022, 07:00 AM


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
April 05, 2022, 08:01 AM


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
April 04, 2022, 08:02 AM


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
April 04, 2022, 08:00 AM


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
March 30, 2022, 08:00 AM


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
March 30, 2022, 07:40 AM


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
March 30, 2022, 07:08 AM


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
March 25, 2022, 07:55 AM


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
March 25, 2022, 07:00 AM


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
March 23, 2022, 07:44 AM


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
March 22, 2022, 08:00 AM


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
March 22, 2022, 07:28 AM


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
March 21, 2022, 07:49 AM


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
March 21, 2022, 07:18 AM


The first quarter Phoenix Management “Lending Climate in America” survey results reveals the majority of lenders anticipate geopolitical tension and an increase in interest rates to be the biggest economic headwind in 2022.Phoenix’s Q1 2022 “Lending... Read Story
March 18, 2022, 08:06 AM


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
March 17, 2022, 08:00 AM


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
March 17, 2022, 07:54 AM


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
March 17, 2022, 07:04 AM


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
March 15, 2022, 08:00 AM


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
March 14, 2022, 07:57 AM


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
March 11, 2022, 07:25 AM


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
March 09, 2022, 07:52 AM


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
March 09, 2022, 07:10 AM


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
March 07, 2022, 08:00 AM


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
March 04, 2022, 07:58 AM


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
March 03, 2022, 08:00 AM


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
March 03, 2022, 06:13 AM


Seacoast Banking Corporation of Florida has hired James Stallings, a banking and credit risk leader with nearly 25 years of experience, as executive vice president and chief credit officer. Stallings succeeds Richard Raiford, who recently... Read Story
March 01, 2022, 07:47 AM


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
March 01, 2022, 07:30 AM


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
February 28, 2022, 07:49 AM


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
February 24, 2022, 08:05 AM


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
February 22, 2022, 07:47 AM


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
February 22, 2022, 06:00 AM


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
February 18, 2022, 07:02 AM


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
February 17, 2022, 08:04 AM


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
February 15, 2022, 07:25 AM


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
February 11, 2022, 07:21 AM


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
February 10, 2022, 07:07 AM


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
February 09, 2022, 08:02 AM


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
February 03, 2022, 08:04 AM


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
February 02, 2022, 08:02 AM


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
February 02, 2022, 07:00 AM


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
February 01, 2022, 08:08 AM


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
February 01, 2022, 07:55 AM


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
January 31, 2022, 07:25 AM


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
January 31, 2022, 07:22 AM


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
January 31, 2022, 06:00 AM


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
January 28, 2022, 08:00 AM


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
January 27, 2022, 08:00 AM


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
January 26, 2022, 08:00 AM


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
January 25, 2022, 08:02 AM


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
January 25, 2022, 08:00 AM


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
January 25, 2022, 07:59 AM


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
January 24, 2022, 07:41 AM


Wells Fargo appointed Derek Flowers as the company’s Chief Risk Officer, effective immediately. Flowers will lead all aspects of Wells Fargo’s Independent Risk Management function, including compliance risk management. He will continue to serve as a... Read Story
January 19, 2022, 08:03 AM


Bridge Bank is expanding its national focus on Startup Banking with a key hire, Kelly Caviglia. She joins the Technology Banking group to spearhead the bank’s ongoing work with early-stage tech and innovation companies to support their banking needs... Read Story
January 19, 2022, 07:00 AM


American Bank announced the acquisition of ACG Equipment Finance (ACG), a fully integrated direct equipment financing company headquartered in Austin, TX. The acquisition is another milestone in American Bank’s growth strategy, enhances the bank’s... Read Story
January 07, 2022, 07:14 AM


Mitsubishi UFJ Financial Group (MUFG) announced the hiring of Kimberly Boulmetis as a Managing Director and Head of U.S. Financial Institutions for the Debt Capital Markets group.Based in New York, Ms. Boulmetis will assume her new role in January... Read Story
January 06, 2022, 08:00 AM


Provident Bank announced that Brian Rafanello has joined the Bank as Senior Vice President, Head of Treasury Management.Rafanello is based in the Bank’s Iselin, N.J. administrative headquarters and is responsible for leading the sales, service and... Read Story
January 05, 2022, 07:00 AM


First Citizens BancShares, parent company of First-Citizens Bank & Trust Company announced completion of its previously announced merger with CIT Group. North Carolina-headquartered First Citizens is now a top 20 U.S. financial institution (based on... Read Story
January 04, 2022, 08:00 AM


WSFS Financial Corporation, the parent company of WSFS Bank, completed the acquisition of the Bryn Mawr Bank Corporation, and its primary subsidiary, The Bryn Mawr Trust Company, as of January 1, 2022. In addition, in accordance with the merger... Read Story
January 04, 2022, 07:52 AM


First Financial Bancorp. announced it has completed its previously announced acquisition of Cincinnati-based Summit Funding Group, Inc., the fourth largest independent equipment financing platform in the United States. “We are excited about the... Read Story
January 04, 2022, 07:35 AM


Simmons Bank announced the creation of a new Corporate Banking Division. This new unit will provide Simmons Bank the ability to consolidate specialized lines of business loans aligning commercial and equipment finance, government and institutional... Read Story
December 27, 2021, 08:01 AM


Goldman Sachs BDC announced that Alex Chi and David Miller, co-heads of Goldman Sachs Asset Management Private Credit in the Americas, will become co-CEOs and co-Presidents of Goldman Sachs BDC, Inc., effective March 2022. After a 15-year career at... Read Story
December 21, 2021, 08:06 AM


WSFS Financial Corporation, the parent company of WSFS Bank, and Bryn Mawr Bank Corporation (BMTC), the parent company of The Bryn Mawr Trust Company, jointly announced WSFS has received all required approvals to acquire BMTC, and to merge its... Read Story
December 21, 2021, 07:52 AM


BMO Financial Group, and its indirect wholly owned Chicago-based subsidiary BMO Harris Bank announced the signing of a definitive agreement with BNP Paribas to acquire Bank of the West and its subsidiaries, with assets as of Sept. 30, 2021, of... Read Story
December 20, 2021, 08:05 AM


Webster Financial Corporation and Sterling Bancorp jointly announced that Webster has received regulatory approval from the Board of Governors of the Federal Reserve System to complete the previously announced merger between the two companies. As... Read Story
December 20, 2021, 08:02 AM


First Citizens BancShares, the parent company of First-Citizens Bank & Trust Company, and CIT Group the parent company of CIT Bank, jointly announced that their previous proposal to merge the two companies has received approval from the Board of... Read Story
December 20, 2021, 07:47 AM


Synovus announced the launch of a new restaurant finance team focused on helping restaurants across the country execute strategic plans for growth while fostering relationships with established and up-and-coming names in the sector. Residing in... Read Story
December 20, 2021, 07:08 AM


According to a Bloomberg report, Bank of Montreal has expressed interest in buying BNP Paribas SA’s U.S. banking arm, according to people familiar with the matter. BMO has held initial talks about an acquisition of BNP Paribas’s Bank of the West unit... Read Story
December 17, 2021, 08:03 AM


Bank of America has named Rita Sola Cook as President of Bank of America Chicago. Cook succeeds Paul Lambert, who announced his retirement after 30 years with the company.As Chicago president, Cook will be responsible for connecting the banking and... Read Story
December 17, 2021, 07:54 AM


First Republic Bank’s Board of Directors announced leadership transitions effective Jan. 1, 2022.Founder, Chairman and Co-CEO Jim Herbert will take a medical leave of absence from his executive position in response to a recent medical recommendation... Read Story
December 14, 2021, 08:04 AM


Lakeland Bancorp and 1st Constitution Bancorp announced that on December 10, 2021, the Federal Reserve Bank of New York issued a non-objection to Lakeland’s request to waive the application requirement in connection with the proposed merger of 1st... Read Story
December 14, 2021, 06:00 AM


Regions Bank announced Leo Loughead has been elevated to lead the bank’s Financial Services Group, part of Regions’ Specialized Industries division within Corporate Banking.Based in Atlanta, Loughead joined Regions in 2018 as a managing director for... Read Story
December 10, 2021, 07:29 AM


Texas Capital Bancshares, Inc., the parent company of Texas Capital Bank, announced Matt Scurlock, Executive Vice President, Corporate Treasurer, will transition into the role of Executive Vice President, Chief Financial Officer, effective Jan. 1... Read Story
December 10, 2021, 07:24 AM


First Financial Bancorp. announced it has entered into an agreement to acquire Cincinnati, OH-based Summit Funding Group, Inc., the fourth-largest independent equipment financing platform in the United States. "We are very excited to join forces with... Read Story
December 08, 2021, 07:45 AM


SVB Financial Group, the parent of Silicon Valley Bank, announced the continued growth of the Tech Investment Banking team with additional hires in the Internet, Consumer / Marketing Software, Fintech, and Enterprise Software sectors along with the... Read Story
December 07, 2021, 07:55 AM


Regions Bank completed its acquisition of Sabal Capital Partners, a diversified financial services firm that leverages an innovative, technology-driven origination and servicing platform to facilitate off-balance-sheet lending in the small balance... Read Story
December 06, 2021, 07:14 AM


Mitsubishi UFJ Financial Group announced that Raymond Fattell has been named Head of Transaction Banking Americas. In this position, Fattell will lead the Transaction Banking business in the United States, Latin America, and Canada, responsible for... Read Story
November 30, 2021, 07:58 AM


Synovus Bank announced the appointment of Tom Dierdorff as its new Head of Corporate & Investment Banking (CIB). Dierdorff most recently served as Managing Director and Group Head of Financial Services for Regions Bank and Regions Securities.Prior to... Read Story
November 30, 2021, 07:52 AM


BOK Financial has made changes within its leadership team to better position the company for growth in the coming years.Marc Maun has been named Regional Banking executive for Arizona, Colorado, Kansas, Missouri, New Mexico and Oklahoma, and will... Read Story
November 24, 2021, 08:00 AM


CIBC Innovation Banking announced the expansion of its New York City office with a series of new hires and promotions, as the group continues its strategic growth in key technology, life science, and clean tech markets in North America and the... Read Story
November 23, 2021, 08:07 AM


Wells Fargo announced that Mike Riley and Dan Thomas have been named co-heads of the Markets division of the Corporate & Investment Bank (CIB). Riley and Thomas will lead all of CIB’s markets-driven activities, including: Asset-Backed Finance... Read Story
November 23, 2021, 08:05 AM


Investors Bancorp, Inc. announced stockholders of the company approved the planned merger with Citizens Financial Group, Inc. at a special meeting of the company's stockholders. The transaction is expected to close in the first half of 2022, subject... Read Story
November 22, 2021, 07:10 AM


Anubhav Shrivastava has been named the new Head of CB Global Trade for JPMorgan Chase Commercial Banking. In this role, Anubhav will lead a team responsible for helping commercial banking clients access tailored financial solutions to manage their... Read Story
November 17, 2021, 08:02 AM


Regions Bank announced Brad Kimbrough will retire on Feb. 28, 2022, following a nearly 29-year career at the bank, the last 14 of which he has served as Controller and Chief Accounting Officer. Kimbrough will be succeeded as Controller by Anil Chadha... Read Story
November 17, 2021, 07:41 AM


Reuters reported that BNP Paribas is working with advisers to assess a sale of its U.S. arm Bank of the West as it seeks to retreat from the American retail banking market after struggling to compete with larger and better capitalized rivals, three... Read Story
November 16, 2021, 08:05 AM


Citizens Financial Group has completed its acquisition of JMP Group LLC ("JMP"), a capital markets firm that provides investment banking services, including strategic advisory, equity research and sales and trading focused primarily on the healthcare... Read Story
November 16, 2021, 07:05 AM


Patriot National Bancorp, Inc., the parent company of Patriot Bank, N.A., and American Challenger Development Corp., announced they have entered into a definitive agreement under which Patriot will acquire American Challenger via a reverse subsidiary... Read Story
November 16, 2021, 07:00 AM


Bridge Bank issued an accounts receivable-based $4 million line of credit to Ride Health, a New York City-based healthcare technology and services company focused on patient transportation. The line of credit will be used to support working capital... Read Story
November 11, 2021, 07:41 AM


U.S. Bank announced several company-wide commitments to address the impacts of climate change on its business, customers and communities, including: Setting a goal to achieve Net Zero greenhouse gas emissions (GHG) by 2050 Setting a goal to... Read Story
November 11, 2021, 07:09 AM


Bank of America named Al McRae as President of Bank of America Atlanta. McRae succeeds Wendy Stewart, who was recently named a member of the company’s senior management team and the President of Global Commercial Banking.Stewart will continue to be... Read Story
November 10, 2021, 07:52 AM


Texas Capital Bancshares, the parent company of Texas Capital Bank announced that Jay Clingman has been appointed to the newly created role of Vice Chairman of Commercial Banking, effective November 15, 2021. Clingman will report to President and... Read Story
November 10, 2021, 07:35 AM


Flagstar Bank has named Michael Adler as executive vice president and head of Wholesale Banking, which encompasses all commercial client coverage teams, treasury management sales, commercial real estate, as well as non-mortgage capital markets, and... Read Story
November 10, 2021, 07:20 AM


The October 2021 Senior Loan Officer Opinion Survey on Bank Lending Practices addressed changes in the standards and terms on, and demand for, bank loans to businesses and households over the past three months, which generally correspond to the third... Read Story
November 09, 2021, 07:50 AM


Wells Fargo announced the organizational structure for its Restaurant Finance banking team, a group that supports one of the industries most impacted by the pandemic. “Restaurant owners have faced unimaginable challenges over the past 18 months. We... Read Story
November 08, 2021, 08:09 AM


Cadence Bank announced the successful closing of its previously announced merger in which legacy Cadence Bancorporation merged into BancorpSouth Bank, with BancorpSouth as the surviving company. Upon the completion of the merger, BancorpSouth was... Read Story
November 01, 2021, 07:44 AM


Stearns Bank announced Norman (Norm) Skalicky, Chairman of its Board of Directors and the Boards of its holding company and affiliate banks, will be retiring and transitioning to Emeritus status, stepping away from active participation in the... Read Story
October 29, 2021, 07:00 AM


After almost 35 years with the Bank, Teri Currie, Group Head, Canadian Personal Banking, has informed TD of her intention to retire at the end of January 2022. Upon her retirement, she will be appointed to TD's U.S. Board of Directors, effective... Read Story
October 28, 2021, 08:07 AM


PNC Bank announced the appointment of two new regional presidents in California, further expanding its local leadership and decision-making model in the state. Jarrod Ingle joins PNC as the regional president and head of Corporate Banking for the... Read Story
October 27, 2021, 07:57 AM


Wells Fargo announced that 21-year company veteran Kristin Lesher will lead Middle Market Banking, effective immediately. She reports to Kyle Hranicky, CEO of Wells Fargo Commercial Banking.An industry leader in serving middle market companies, Wells... Read Story
October 25, 2021, 08:00 AM


M&T Bank Corporation announced it has received approval from the New York State Department of Financial Services and the Connecticut Department of Banking to complete the merger of M&T Bank with People's United Bank.  The combined bank will create a... Read Story
October 22, 2021, 07:00 AM


Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced that John R. Saffioti, Jr has joined the bank’s Capital Finance division as Underwriter, Asset Based Lending. He will report to Dave Viggiano, ABL Business Leader... Read Story
October 21, 2021, 07:52 AM


KeyBanc Capital Markets (“KBCM”), the corporate and investment banking arm of Cleveland-based KeyCorp, announced the addition of two industry veterans to its Fixed Income Sales & Strategy team: Rick Turnage and Rob Bonds. Turnage, a Managing Director... Read Story
October 21, 2021, 07:27 AM


Bank of America announced its current portfolio of loans, deposits and investments to Community Development Financial Institutions (CDFIs) now exceeds $2 billion. This includes approximately $100 million in deposits to minority depository... Read Story
October 20, 2021, 07:22 AM


U.S. Bank named Troy Remington as Chief Credit Officer. Remington has been serving as interim chief credit officer since early August, when the former chief credit officer accepted a new leadership role within the company. Remington will report to... Read Story
October 18, 2021, 08:05 AM


Wells Fargo Corporate & Investment Bank (CIB), announced that it has appointed Vanessa Rodriguez to lead Community Lending and Investment (CLI) within its Commercial Real Estate (CRE) group. Wells Fargo’s CLI group is one of the top investors in... Read Story
October 18, 2021, 07:00 AM


J.P. Morgan Commercial Banking has appointed Kathryn McDonough as Co-Head of Healthcare for the Middle Market Banking & Specialized Industries (MMBSI) business, leading coverage for Life Sciences companies. McDonough will lead MMBSI’s national team... Read Story
October 15, 2021, 08:00 AM


Capital One entered into a definitive agreement to acquire TripleTree, LLC (TripleTree), a leading investment banking advisory platform serving market-leading healthcare companies, headquartered in Minneapolis, MN, with offices in New York.... Read Story
October 15, 2021, 07:57 AM


BancorpSouth Bank and Cadence Bancorporation, the parent company of Cadence Bank, announced their proposed merger has received final Federal Deposit Insurance Corporation approval. The FDIC approval follows recent approvals from the Mississippi...