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News Stories (337 Results) - Banking News

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... Read Story
October 15, 2021, 07:21 AM


ORIX Corporation USA (ORIX USA) announced the appointment of Jordan Robinson as Managing Director and Head of Investor Solutions within its asset management business. Robinson joins the firm from Fairview Capital Group, where he was Senior Partner... Read Story
October 14, 2021, 07:50 AM


J.P. Morgan is expanding its Commercial Banking business in South Korea to provide midcap companies with access to leading financial capabilities, a strong global network and deep market expertise. This marks the 19th country Commercial Banking has... Read Story
October 14, 2021, 06:00 AM


The PNC Financial Services Group completed the conversion of 2.6 million customers, 9,000 employees and nearly 600 branches across seven states from BBVA USA to PNC Bank.The simultaneous conversion of BBVA USA customers and employees to PNC's network... Read Story
October 13, 2021, 07:16 AM


Bell Bank expanded its commercial banking team, hiring new talent and promoting the “next generation” of commercial banking and market leaders as part of the company’s ongoing growth in the greater Twin Cities market. Most recently, Bell promoted Jon... Read Story
October 13, 2021, 07:07 AM


Columbia Banking System, the parent company of Columbia State Bank, and Umpqua Holdings Corporation, the parent company of Umpqua Bank, have entered into a definitive agreement under which the companies will join together in an all-stock... Read Story
October 12, 2021, 07:56 AM


Craig Wanichek, President and Chief Executive Officer of Summit Bank, announced the promotion of Chris Hemmings to Chief Operating Officer of the Bank.Hemmings has been with Summit Bank since 2008 and has served in various capacities, most recently... Read Story
October 12, 2021, 07:00 AM


First Bancorp, the parent company of First Bank, announced changes in the management team of the Company and the Bank. Adam Currie will become Chief Banking Officer of First Bank; Elizabeth B. Bostian will become General Counsel and Chief Financial... Read Story
October 11, 2021, 07:53 AM


Hancock Whitney expanded the number of financial experts serving the Greater New Orleans region.Hancock Whitney senior vice presidents Elizabeth Hefler and Billy Hoffmann, two longtime Hancock Whitney financial services professionals serving South... Read Story
October 11, 2021, 07:42 AM


Bank of America announced that as a result of the bank’s strong growth and continued expansion in Ohio, the company is appointing two additional presidents which will bring an increased focus and resources in Cincinnati, Cleveland and Columbus.Jeneen... Read Story
October 08, 2021, 07:55 AM


TAB Bank announced that Scott Franzen will join its Sales Team as a Vice President and Business Development Officer. In this role, Franzen will be responsible for sourcing new business opportunities in the upper Midwest region.Based in Albertville... Read Story
October 05, 2021, 07:30 AM


Sterling Bancorp, the thrift holding company for Sterling Bank and Trust, F.S.B. (the “Bank”), announced that Karen Knott, current Senior Vice President and Controller, has been promoted to the role of Chief Financial Officer of the Company and the... Read Story
October 04, 2021, 08:00 AM


Banc of California and Pacific Mercantile Bancorp announced that all required regulatory approvals for the mergers of Pacific Mercantile into the Company and Pacific Mercantile Bank into Banc of California, N.A. have been received. Subject to the... Read Story
October 04, 2021, 07:46 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 the two companies have agreed to extend the merger agreement from October 15, 2021, to March 1... Read Story
October 01, 2021, 08:00 AM


Citizens Financial Group, Inc. announced Sarah Lindstrom will become Head of Business Banking, effective Oct. 4. Lindstrom will report to Simon Griffiths, Head of Core Banking for Citizens’ consumer bank. Lindstrom joined Citizens in 2017 and was... Read Story
October 01, 2021, 07:58 AM


HSBC Bank Canada announced the launch of five new sustainable finance tools for commercial and global banking clients. Available to Canadian businesses of all sizes, Green Deposits, Green Trade Finance, Green Revolving Credit Facilities... Read Story
September 28, 2021, 07:54 AM


J.P. Morgan Private Capital appointed Luke Sikora as a Partner of its Growth Equity Partners platform. Sikora will serve as a member of the Investment Committee and help lead the platform's investing efforts on the West Coast. Based in Palo Alto... Read Story
September 28, 2021, 07:52 AM


CIBC Innovation Banking announced the opening of its new office in London to support the ambitions of UK-based entrepreneurs and their Venture Capital-backers by providing growth capital across a number of innovation ecosystems.Since the launch of... Read Story
September 28, 2021, 07:32 AM


John Vogiatjis has been named the new head of the diversified finance group (DFG) for commercial banking at J.P. Morgan. Vogiatjis joined the firm in 2017 as a banker on the DFG team, covering nonbank lenders, sustainable finance and financial... Read Story
September 27, 2021, 08:00 AM


Peapack-Gladstone Financial and Peapack-Gladstone Bank appointed Diane Conboy, Senior Managing Director, Market President. Operating out of the Bank’s newest private banking location in Red Bank, New Jersey, she will lead a team of commercial private... Read Story
September 27, 2021, 07:34 AM


Fifth Third Bank appointed Michele Mullins as the Company’s first climate risk officer. The role expands Mullins’ duties as director of enterprise risk governance and business support, and reflects the Bank’s commitment to environmental... Read Story
September 27, 2021, 07:30 AM


Valley National Bancorp and Bank Leumi Le-Israel Corporation announced today they have entered into a definitive merger agreement whereby Valley will acquire Leumi, the US subsidiary of Bank Leumi Le-Israel B.M., and parent company of Bank Leumi USA... Read Story
September 24, 2021, 08:00 AM


Truist Securities announced that Lorenzo Paoletti has joined the firm as managing director to lead the Biotech investment banking team. Working together with Michael Allwin, who joined Truist Securities in August as managing director, these... Read Story
September 24, 2021, 07:50 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced that its Asset-Based Lending team has extended an $8 million credit facility to The Ockers Company, an information... Read Story
September 23, 2021, 07:55 AM


Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced that Brett Crabtree has joined the bank’s Asset Based Lending division as Managing Director, ABL Originations. He will report to Dave Viggiano, Business Leader, Asset... Read Story
September 23, 2021, 07:36 AM


HSBC Global Commercial Banking announced that Martin Richards has been appointed Global Head of Sustainable Finance – Client Infrastructure for Commercial Banking. In this role, he will focus on delivering market-leading sustainable finance solutions... Read Story
September 22, 2021, 07:45 AM


U.S. Bancorp has entered into a definitive agreement to acquire MUFG Union Bank’s core regional banking franchise from Mitsubishi UFJ Financial Group in a transaction that will bring together two premier organizations with a focus on being the leader... Read Story
September 21, 2021, 08:05 AM


Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank announce the appointment of Diane Conboy, Senior Managing Director, Market President. Operating out of the Bank’s newest private banking location in Red Bank, New Jersey, she will... Read Story
September 21, 2021, 07:19 AM


Peoples Bancorp Inc., parent company of Peoples Bank, announced it has completed its acquisition of Premier Financial Bancorp, Inc. and Premier's wholly owned subsidiaries, Premier Bank, Inc. and Citizens Deposit Bank & Trust, Inc. Peoples and... Read Story
September 20, 2021, 07:36 AM


Mitsubishi UFJ Financial Group Inc. is considering selling its U.S. banking arm, as consolidation heats up in the American financial industry, people familiar with the matter said, Bloomberg reported. According to Bloomberg, the Japanese lender is... Read Story
September 17, 2021, 08:04 AM


Bank of America announced senior leadership changes to position the company for long-term success, while continuing to deliver for clients, communities and shareholders.The company is adding five new members, including three women, to the senior... Read Story
September 10, 2021, 08:09 AM


Associated Banc-Corp announced plans for the expansion of its lending capabilities, growth of its core businesses and transformation of its digital strategy. These plans include new higher-margin lending verticals and digital investments which are... Read Story
September 10, 2021, 07:58 AM


BHI announced that its Food & Beverage Group closed a total of $100 million in new financing transactions. The robust volume of transactions reflects the continued expansion of BHI’s Food & Beverage Group.For Citromax Group and Citromax International... Read Story
September 10, 2021, 07:55 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced Michael Bonsey has joined the bank as Chief Credit Officer. Bonsey’s charge is to maintain the standing of the... Read Story
September 10, 2021, 07:40 AM


Crédit Agricole CIB appointed Danielle Baron as Global Head of Structured Finance. She reports to Jean-François Balaÿ, Deputy Chief Executive Officer of Crédit Agricole CIB and becomes a member of the Management Committee of the Bank. She was... Read Story
September 10, 2021, 07:34 AM


Bank of America has named Marc Perez as President of Bank of America Long Island. Perez succeeds Bob Isaksen, who held the position for 17 years and will continue in his role as the region’s business banking market executive and an active local... Read Story
September 10, 2021, 07:20 AM


Citizens Financial Group and JMP Group have entered into a definitive merger agreement under which Citizens will acquire JMP in an all-cash transaction. JMP is a highly regarded capital markets firm that provides investment banking services... Read Story
September 08, 2021, 08:08 AM


SVB Financial Group ("SVB"), the parent of Silicon Valley Bank, has assembled an industry-leading technology investment banking team led by Jason Auerbach, SVB Leerink's new Co-Head of Investment Banking. These additions to SVB's existing investment... Read Story
September 08, 2021, 08:03 AM


Wells Fargo announced that Perry Pelos will retire from the company in April 2022 and that Kyle Hranicky, Head of Middle Market Banking, will succeed Perry as CEO of its Commercial Banking segment, effective immediately. Hranicky will report to CEO... Read Story
September 07, 2021, 08:09 AM


Texas Capital Bancshares, Inc., the parent company of Texas Capital Bank, announced key updates to the company’s go-forward strategy.Rob C. Holmes, President and CEO, said, “When I joined as CEO in January, I committed to formulating a detailed... Read Story
September 07, 2021, 06:00 AM


Asset-based lending grew modestly in the second quarter for banks and more significantly for other lenders, according to data released by the Secured Finance Network (SFNet). The association surveyed 36 bank and non-bank asset-based lenders (ABLs) on... Read Story
September 03, 2021, 07:37 AM


Texas Capital Bank announced that Daniel S. Hoverman has been appointed as Executive Vice President of Texas Capital Bank and Managing Partner and President of TCBI Securities, Inc., effective immediately.In this newly created role, Hoverman will... Read Story
September 02, 2021, 07:45 AM


Pasadena Private Finance closed on a $30,000,000 senior credit facility with East West Bank, the largest publicly traded bank headquartered in Southern California, with an expertise in lending to specialty finance companies.The Credit Facility has a... Read Story
September 02, 2021, 07:40 AM


Eastern Bank is providing $23 million in financing, which includes a revolving line of credit as well as financing for various real estate to Metropolitan Cabinets & Countertops (Metropolitan), a new commercial banking customer. Founded in 1984... Read Story
September 02, 2021, 07:00 AM


Wells Fargo announced that Talena Hooper has been named division executive to lead its Commercial Banking Great Plains division. Based in Kansas City, Hooper now oversees commercial banking operations across Arkansas, Iowa, Kansas, Missouri, and... Read Story
August 31, 2021, 08:00 AM


Old Point National Bank expanded its Richmond, Virginia team with the addition of three new Commercial Relationship Managers.Robert Campbell has been appointed Senior Vice President and Senior Relationship Manager with Old Point's Richmond Commercial... Read Story
August 31, 2021, 06:47 AM


Republic First Bancorp, the holding company for Republic Bank, announced that its subsidiary, Republic Bank, named Peter Musumeci as the Market President for Metro New York, including New York City, Long Island, Westchester County and Northern New... Read Story
August 30, 2021, 08:10 AM


Bank of Marin announced the retirement of Beth Reizman, Executive Vice President, Chief Credit Officer. Ms. Reizman, age 62, will retire on January 3, 2022. In the interim, on September 30, 2021, Ms. Reizman will step down from her role as Chief... Read Story
August 30, 2021, 07:35 AM


Mid Penn Bank announced that Executive Vice President, Joan Dickinson, has been promoted to Chief Retail Officer of the Bank.In her new role as Chief Retail Officer, Dickinson will continue to report to Scott Micklewright, Chief Revenue Officer, and... Read Story
August 25, 2021, 07:00 AM


Truist Bank is combining its Banking Operations and Corporate & Institutional Group (CIG) Operations and launching a global services capability to create a new center of excellence (CoE) – Enterprise Operations and Global Services – under the Digital... Read Story
August 23, 2021, 07:46 AM


Nathan Sheets, Ph.D. will be returning to Citi as its new Global Chief Economist, based in New York, overseeing the global Economics team and leading research across all areas of economics.Sheets re-joins Citi from PGIM Fixed Income, where he was... Read Story
August 23, 2021, 07:26 AM


Fifth Third Private Bank, a division of Fifth Third Bank, announced the creation of the Business Transition Advisory team, dedicated to preparing business owners financially and personally for a business transition or liquidity event. Leading the... Read Story
August 20, 2021, 08:03 AM


Wells Fargo announced that Paul Camp has been named head of Global Treasury Management. Most recently CEO of Treasury Services at BNY Mellon, he will join the company in November, and will dually report to Perry Pelos, CEO of Wells Fargo Commercial... Read Story
August 20, 2021, 07:32 AM


Fortis announced Jeremy Sorensen as the Commercial Market President of its Utah Market. As market president, Sorensen will lead the strategy and management of the bank's Commercial Banking team in Utah in partnership with Josh Peters, Chief Lending... Read Story
August 20, 2021, 07:15 AM


The PNC Financial Services Group announced it is committing $20 billion over five years in support of environmental finance. This commitment is an extension of PNC's long-standing support for accelerating the transition to a low-carbon economy, and... Read Story
August 19, 2021, 08:00 AM


Truist Financial Corporation announced its new executive leadership structure, effective Sept. 1. President and Chief Operating Officer William H. Rogers Jr. will succeed Kelly S. King as chief executive officer on Sept. 12, 2021, as previously... Read Story
August 18, 2021, 08:11 AM


MUFG announced that Brian Gunn will join the company as Chief Risk Officer for MUFG Americas Holdings Corporation and its primary banking subsidiary, MUFG Union Bank, effective September 13, 2021. Gunn succeeds Donna Dellosso, who announced her... Read Story
August 18, 2021, 08:05 AM


Webster Financial Corporation and Sterling Bancorp jointly announced that each company's stockholders have approved the proposed merger between Webster and Sterling at their respective special meetings of stockholders held today. The final voting... Read Story
August 18, 2021, 07:42 AM


BHI promoted Oleg Kochanov to the position of Chief Credit Officer. Kochanov, who joined BHI in 2019 as Senior Vice President, Head of Credit Underwriting, has more than 20 years of experience in loan underwriting, structuring, and portfolio and... Read Story
August 17, 2021, 07:29 AM


Louis Vachon, President and Chief Executive Officer of National Bank of Canada, announced his intention to retire Oct. 31, after nearly 15 years in the role. Concurrently, the Board of Directors announced that Laurent Ferreira, Chief Operating... Read Story
August 13, 2021, 07:47 AM


Truist Financial Corporation announced Fadie "Freddy" Itayem has been named Corporate Treasurer, effective Sept. 3. Itayem will report to Chief Financial Officer Daryl Bible and will be responsible for all Truist corporate treasury activities... Read Story
August 12, 2021, 07:13 AM


Wells Fargo announced that Charles H. Noski will retire as chairman and a member of Wells Fargo’s Board of Directors. Noski has stepped down as chairman, and he will remain as a director until he retires on Sept. 30, 2021, to facilitate the... Read Story
August 10, 2021, 08:00 AM


BancorpSouth Bank shareholders voted to approve its merger with Cadence Bancorporation, the parent company of Cadence Bank, during a special meeting of its shareholders. This is a critical step toward completing the previously announced merger... Read Story
August 10, 2021, 07:20 AM


BOK Financial Corporation named Stacy Kymes President and CEO effective April 1, 2022, upon the retirement of Steven G. Bradshaw. Kymes has also been appointed to the company’s board of directors effective August 3.Kymes, who has been with the... Read Story
August 05, 2021, 07:34 AM


Newtek Business Services, an internally managed business development company (“BDC”), entered into an agreement to acquire National Bank of New York City (“NBNYC” or the “Bank”), a nationally chartered bank with approximately $204 million in total... Read Story
August 03, 2021, 07:44 AM


TD Bank appointed Hugh W. Allen as Regional President for its Mid-South Metro, which includes Virginia, Maryland, the District of Columbia, Delaware, North Carolina and South Carolina.In this role, he will provide strategic direction and sales... Read Story
August 02, 2021, 07:41 AM


Christopher J. Murphy III, Chairman and CEO of 1st Source Corporation announces the Board of Directors’ promotion of Brett Bauer to Chief Financial Officer and Treasurer of 1st Source Corporation and 1st Source Bank with responsibility for Accounting... Read Story
July 29, 2021, 07:58 AM


Citizens Financial Group and Investors Bancorp announced that they have entered into a definitive agreement and plan of merger under which Citizens will acquire all of the outstanding shares of Investors for a combination of stock and cash.The... Read Story
July 28, 2021, 08:20 AM


Wells Fargo announced that Cesar Gonzalez has been named head of operations for Commercial Banking. He will join the company on Aug. 30, 2021, and will dually report to Perry Pelos, CEO of Wells Fargo Commercial Banking, and Lester Owens, head of... Read Story
July 27, 2021, 08:08 AM


WSFS Financial Corporation, the parent company of WSFS Bank, received approval from the Office of the Comptroller of the Currency (OCC) to merge with Bryn Mawr Bank Corporation as previously reported on March 11, 2021. Subject to the remaining... Read Story
July 27, 2021, 07:59 AM


Mitsubishi UFJ Financial Group (MUFG) hired Okeatta Brown as Head of Inclusion & Diversity (I&D) for the Americas. Ms. Brown, a nationally recognized leader in diversity, equity, inclusion (DEI), and engagement, will join MUFG to elevate and enhance... Read Story
July 27, 2021, 07:39 AM


SouthState Corporation and Atlantic Capital Bancshares jointly announced the signing of a definitive agreement pursuant to which Atlantic Capital will merge with and into SouthState in an all-stock transaction with an aggregate value of approximately... Read Story
July 23, 2021, 07:10 AM


Chris Marschall has been appointed Head of Financial Institutions Group for Crédit Agricole CIB (CACIB) Canada, effective July 16, 2021.Marschall has close to 25 years of investment banking and structured finance experience in several European... Read Story
July 21, 2021, 08:00 AM


Triumph Bancorp announced that R. Bryce Fowler would retire from his position as Executive Vice President and Chief Financial Officer effective Sept. 1.“On behalf of the Board of Directors and the Triumph team, I want to thank Bryce for his... Read Story
July 16, 2021, 06:02 AM


First Citizens BancShares Inc., the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc., the parent company of CIT Bank, N.A., jointly announced the proposal to merge the two companies has received regulatory approval from the... Read Story
July 15, 2021, 08:01 AM


F.N.B. Corporation and Howard Bancorp announced the signing of a definitive merger agreement for FNB to acquire Howard, including its wholly-owned banking subsidiary, Howard Bank, in an all-stock transaction valued at $21.96 per share, or a fully... Read Story
July 14, 2021, 07:30 AM


The Boards of Directors of Lakeland Bancorp, the parent company of Lakeland Bank, and 1st Constitution Bancorp, the parent company of 1st Constitution Bank, have entered into a definitive Agreement and Plan of Merger, under which Lakeland will... Read Story
July 12, 2021, 08:12 AM


BankFinancial announced the expansion of its Commercial Finance Division and the appointments of Carol Bader Apicella as Senior Vice President – Government Finance, and Lindsay Gordon as Senior Vice President - Commercial Finance.Based in Tyson’s... Read Story
July 06, 2021, 08:08 AM


Texas Capital Bank appointed Rick Rodman to the newly created position of Head of Business Banking, effective June 21, 2021. This appointment underscores the Company’s commitment to significantly expand its Business Banking segment.In his role... Read Story
July 01, 2021, 08:06 AM


Live Oak Bancshares announced William C. (BJ) Losch, III will assume the role of Chief Financial Officer of the company on September 1, 2021. Losch will also assume the role of CFO of Live Oak Bank.Losch brings a wealth of experience as Live Oak... Read Story
July 01, 2021, 08:00 AM


Heritage Bank of Commerce announced that the Bank continues to expand its Specialty Finance Group. The Specialty Finance Group consists of Bay View Funding’s national factoring business and the Bank’s national Asset-Based Lending (“ABL”)/Corporate... Read Story
June 30, 2021, 08:02 AM


MetaBank has promoted Christopher Soupal to Commercial Finance Division President. He will report to Brett Pharr, co-president and Chief Operating Officer of MetaBank.Soupal brings more than 20 years of finance and capital management experience to... Read Story
June 29, 2021, 08:10 AM


Bridgewater Bank added Joseph Birkholz to its team as Chief Risk Officer. Birkholz joins Bridgewater with over 15 years’ experience in various enterprise risk management capacities. Birkholz most recently served as Senior Vice President of Risk... Read Story
June 29, 2021, 07:05 AM


PNC Bank, N.A. announced regional leadership appointments across the state of Texas, where PNC now ranks fourth in deposit market share with its acquisition of BBVA USA. Completion of the acquisition was announced June 1, with PNC emerging as the... Read Story
June 29, 2021, 07:03 AM


First Internet Bancorp appointed Nicole Lorch as President and Chief Operating Officer of the Company as well as its subsidiary, First Internet Bank, effective at the close of business on June 30, 2021. David B. Becker will remain as Chairman and... Read Story
June 28, 2021, 07:11 AM


Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced that Larry Swinney has joined the bank’s Capital Finance division as Managing Director, Asset Based Lending - Originations. He will report to Dave Viggiano, ABL Business... Read Story
June 25, 2021, 07:55 AM


TD Bank Group announced the following executive changes, effective September 1, 2021.Bob Dorrance to retire; will remain Chairman of TD SecuritiesAfter a storied 40-plus-year career, Bob Dorrance, Chairman, CEO and President of TD Securities will... Read Story
June 24, 2021, 08:10 AM


PNC Bank, N.A. announced the appointment of Kyle Myers as the Regional President and Head of Corporate Banking for Kansas City. Myers will lead the efforts to provide customers and clients in the market with access to a full range of products and... Read Story
June 22, 2021, 07:31 AM


Carver Bancorp, the holding company for Carver Federal Savings Bank ("Carver"), a certified Minority Depository Institution ("MDI"), and Bank of America closed a Senior Secured Social Impact Revolving Credit Facility with BlackRock's Alternative... Read Story
June 18, 2021, 07:33 AM


Mitsubishi UFJ Financial Group (MUFG) appointed Randall Chafetz to the role of Vice Chairman of the firm's Global Corporate and Investment Banking (GCIB) business. Chafetz will assume this newly created role in New York on June 29 and continue... Read Story
June 15, 2021, 10:00 AM


WSFS Financial Corporation and Bryn Mawr Bank Corporation, jointly announced that their respective stockholders approved the previously announced merger of BMTC into WSFS at a special meeting of stockholders for each company.“Stockholder approval... Read Story
June 11, 2021, 07:07 AM


Huntington Bancshares announced it has closed its merger with TCF Financial Corporation, creating a Top 25 U.S. bank holding company.The combination positions Huntington for enhanced profitability and scale, revenue growth opportunities, significant... Read Story
June 09, 2021, 07:47 AM


Webster Bank is expanding its commitment to the transportation and logistics industry with the addition of Nick Weaver as senior vice president, regional manager, Middle Market Banking. Weaver will report to Scott Meves, regional president... Read Story
June 09, 2021, 07:30 AM


HSBC Holdings will exit its US domestic mass market retail banking business through several transactions, pending regulatory approval. They include: Exiting 90 branches out of a current branch network of 148 branches HBUS will retain a small... Read Story
May 28, 2021, 08:04 AM


M&T Bank Corporation and People's United Financial, Inc. jointly announced that, at their respective special meetings of shareholders, they each received the necessary shareholder approvals for the consummation of the merger of People's United into... Read Story
May 27, 2021, 07:00 AM


Huntington Bancshares Incorporated and TCF Financial Corporation jointly announced that the Board of Governors of the Federal Reserve System (the Federal Reserve Board) and the Office of the Comptroller of the Currency, with input from the United... Read Story
May 26, 2021, 07:00 AM


J.P. Morgan Commercial Banking named Matt Sable as the new Head of Financial Institutions Group (FIG) within its Corporate Client Banking & Specialized Industries (CCBSI) business. In this role, Sable will lead Commercial Banking’s industry-leading... Read Story
May 24, 2021, 08:08 AM


Morgan Stanley announced that Ted Pick and Andy Saperstein have been named Co-Presidents of Morgan Stanley. Both executives are long-serving employees in key management positions, and both head world-class businesses with market leadership positions.... Read Story
May 21, 2021, 08:10 AM


JPMorgan Chase announced details about Morgan Health, a new business unit focused on improving the quality, efficiency, and equity of employer-sponsored healthcare. The new group will be led by Dan Mendelson, CEO of Morgan Health, reporting to Peter... Read Story
May 21, 2021, 07:40 AM


Mitsubishi UFJ Financial Group (MUFG) announced the hiring of nine bankers to the Restaurant Finance group of its Corporate and Investment Banking division. Two leadership hires among them are Managing Director Nick Cole, who will head the newly... Read Story
May 18, 2021, 07:38 AM


WebBank named Seth Goodman as the Senior Vice President-Chief Revenue Officer.Goodman joined WebBank in May 2021 and his team is responsible for business development, strategy and M&A. Seth brings over 20 years of banking, financial services and... Read Story
May 18, 2021, 07:14 AM


Customers Bank, a digital forward financial institution with approximately $18.8 billion in assets, is expanding the bank’s Midwest presence based in Chicago as part of the bank’s national expansion. The bank is also opening new commercial banking... Read Story
May 13, 2021, 07:00 AM


Bank of America named Kieth Cockrell as president of Bank of America Charlotte. Cockrell succeeds Charles Bowman, who has served as Charlotte market president since 2007.Bowman will continue in his role as President of North Carolina. He will also... Read Story
May 12, 2021, 08:07 AM


Cerebro Capital, a commercial loan platform, released its Q1 2021 survey on non-bank lending for middle-market commercial and industrial (C&I) loans. The results are paired with the Federal Reserve's 1Q21 survey of commercial banks to illustrate a... Read Story
May 10, 2021, 08:19 AM


Wells Fargo named Cynthia Caine to head the Commercial Auto group. A 30-year financial services veteran, Caine most recently led the Diversified Industries group within Distribution Finance.“Cynthia is well-known for her strong client relationships... Read Story
May 10, 2021, 06:00 AM


Mitsubishi UFJ Financial Group (MUFG) appointed Neal Holland as Chief Financial Officer for MUFG Americas Holdings Corporation and its primary banking subsidiary MUFG Union Bank, N.A., effective June 1. The U.S. operations of MUFG had total assets of... Read Story
May 05, 2021, 08:10 AM


BHI announced a restructuring of the bank’s business team to accommodate its current growth, fulfil the execution of BHI’s strategic plan, position the bank for further expansion and reinforce its industry expertise in specific sectors. John Yoler... Read Story
May 03, 2021, 08:12 AM


The 2021 institutional loan default rate forecast has been lowered to 2.5% from 4.5%, according to a new Fitch Ratings report."Operating conditions are starting to improve due to the ramp-up in coronavirus vaccinations and the easing of restrictions... Read Story
April 27, 2021, 08:10 AM


The Risk Management Association (RMA) and Finastra announced a strategic initiative to advance commercial banking risk rating frameworks for U.S. financial institutions. Through this partnership, RMA Dual Risk Rating scorecards will be available... Read Story
April 26, 2021, 07:30 AM


Joseph E. Dell, Jr., Senior Executive Vice President, Chief Commercial Banking Officer of CNB Bank will retire effective December 31, 2021 as required under the Corporation’s bylaws.Dell joined the Bank in 2013 and has worked in the financial... Read Story
April 26, 2021, 07:10 AM


Signature Bank announced several management appointments, promotions and transitions, all of which will address its progress to date and future growth and initiatives.After 21 years of dedicated service, Mark Sigona, Senior Executive Vice President... Read Story
April 23, 2021, 08:10 AM


Mayra Marquez has joined Pinnacle Bank as Senior Vice President, Senior Relationship Manager."We are pleased to announce that Mayra Marquez has joined the Pinnacle Bank team of professional bankers. Mayra will be focusing on deepening our footprint... Read Story
April 21, 2021, 05:48 AM


Webster Financial Corporation and Sterling Bancorp jointly announced their boards of directors have approved by unanimous vote a definitive agreement under which the two companies will combine in an all-stock merger of equals transaction with a total... Read Story
April 19, 2021, 08:03 AM


Fifth Third Bank announced that Wanda Alverio and Andre Lemons have joined the Fifth Third Business Capital team as vice president, ABL principal. In addition, John Littrell was promoted to group head portfolio management. Wanda Alverio joins as... Read Story
April 14, 2021, 08:00 AM


CVB Financial Corp., the holding company for Citizens Business Bank, appointed Brian T. Mauntel as the President of CBB, effective April 26, 2021. In his new position, Mr. Mauntel will be responsible for overseeing the Bank’s 57 business financial... Read Story
April 13, 2021, 07:29 AM


BancorpSouth Bank and Cadence Bancorporation, the parent company of Cadence Bank, N.A., jointly announced that they have entered into a merger agreement under which the companies will combine in an all-stock merger with a total market value of more... Read Story
April 12, 2021, 08:09 AM


PNC Bank appointed Chris Hermann as the regional president and head of Corporate Banking for Wisconsin, effective April 12. In this role, he will lead the effort to provide customers and clients in the market with access to a full range of products... Read Story
April 12, 2021, 07:37 AM


Sterling National Bank entered into a Banking as a Service agreement with BrightFi, a provider of cloud-based digital banking platform technology and services to regional and community banks and non-bank entities.This collaboration with BrightFi... Read Story
April 12, 2021, 07:00 AM


U.S. Bank named John C. Stern President of its Global Corporate Trust and Custody business within U.S. Bank Wealth Management and Investment Services. Stern, who currently serves as U.S. Bancorp Corporate Treasurer, will assume his role effective May... Read Story
April 12, 2021, 05:00 AM


JPMorgan Chase Commercial Banking announced a new Green Economy specialized industry team, which will provide dedicated banking services and expertise to companies that produce environmentally-friendly goods and services or focus on environmental... Read Story
April 09, 2021, 08:00 AM


Texas Capital Bank appointed Julia Harman to the newly created position of Head of Corporate Banking, effective immediately. This appointment reflects the Company’s commitment to grow its C&I offering through broader and more tailored services for... Read Story
April 08, 2021, 07:55 AM


Eastern Bankshares, the stock holding company for Eastern Bank, and Century Bancorp, the stock holding company for Century Bank and Trust Company, jointly announced they have entered into a definitive all-cash merger agreement with an aggregate... Read Story
April 08, 2021, 07:37 AM


Santander Bank appointed Scott Baldinelli as Head of New England Middle Market Banking. Baldinelli will report to Joe Abruzzo, Head of Commercial Banking for Santander Bank.Baldinelli will lead business development, market growth and relationship... Read Story
March 30, 2021, 08:00 AM


Peoples Bancorp and Premier Financial Bancorp jointly announced the signing of a definitive agreement and plan of merger pursuant to which Peoples will acquire, in an all-stock merger, Premier, a bank holding company headquartered in Huntington, West... Read Story
March 30, 2021, 07:55 AM


Huntington Bancshares Incorporated and TCF Financial Corporation jointly announced each company's shareholders have approved the proposed merger of TCF into Huntington at their respective special meetings of shareholders."Today's shareholder approval... Read Story
March 26, 2021, 07:00 AM


ING anounced that Andrew Bester will be appointed member of the Management Board Banking and head of Wholesale Banking. Bester takes up his position on 6 April 2021, succeeding Isabel Fernandez, who stepped down effective 31 December 2020.Andrew... Read Story
March 25, 2021, 08:10 AM


U.S. Bank announced that Derek Martin has been named St. Louis market President, succeeding Larry Otto, who retired on March 19, 2021. For 20 years, Martin has successfully managed a deep and diverse portfolio of middle-market companies, ranging from... Read Story
March 25, 2021, 07:58 AM


Banc of California, the holding company of Banc of California, and Pacific Mercantile Bancorp, the holding company of Pacific Mercantile Bank, announced they have entered into a definitive agreement and plan of merger under which Pacific Mercantile... Read Story
March 23, 2021, 08:16 AM


Alan Turner has been appointed Head of Commercial Banking effective today, succeeding Linda Seymour who took on the role of President and Chief Executive Officer of HSBC Bank Canada in September 2020. In this role, Turner has responsibility for... Read Story
March 23, 2021, 08:09 AM


Citizens M&A Advisory served as the exclusive financial advisor to trustaff Management, Inc. and CardioSolution on their recapitalization by Cornell Capital and Trilantic North America, two New York-based private equity firms.Founded in 2002... Read Story
March 19, 2021, 07:00 AM


Bank of America named Janet Currie as President of Bank of America Greater Maryland. Currie succeeds Sabina Kelly, who announced her retirement earlier this month.As president, Currie will be responsible for connecting the banking and investment... Read Story
March 16, 2021, 07:40 AM


Stearns Bank is well-positioned for expansion, adding three seasoned executives to explore new opportunities. Stearns Bank hired Al Doering as Chief M&A Officer, a newly created executive level role. Doering previously worked with Stearns Bank as its... Read Story
March 12, 2021, 08:14 AM


Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced it has successfully transitioned Melrose Bank customers and added CSB’s 17th physical location. Following the... Read Story
March 12, 2021, 07:15 AM


Bank of America named Heather Albright as President of Bank of America Arkansas. Albright succeeds Donnie Cook who has led the market for the past 16 years and recently announced his retirement earlier this month.As president, Albright will be... Read Story
March 12, 2021, 06:18 AM


WSFS Financial Corporation and Bryn Mawr Bank Corporation jointly announced the signing of a definitive merger agreement whereby Bryn Mawr Bank Corporation (“Bryn Mawr”) will merge with WSFS Financial Corporation (“WSFS”), in a transaction valued at... Read Story
March 11, 2021, 08:10 AM


Associated Banc-Corp appointed Andrew J. Harmening as the Company's president and chief executive officer and a member of its Board of Directors, effective April 28, 2021. Harmening will also serve as President and Chief Executive Officer of... Read Story
March 11, 2021, 07:30 AM


Republic First Bancorp, the parent company of Republic Bank, announced that Chairman Vernon W. Hill has been named to the additional role of Chief Executive Officer at both the Holding Company and the Bank. Harry D. Madonna, the founder of the bank... Read Story
February 26, 2021, 08:11 AM


Pacific Western Bank announced Janice Ibey joined the bank as a Senior Vice President, Business Development Officer on its asset-based lending team. She will be located in Orange County, California. Janice will expand the Bank’s efforts to deliver... Read Story
February 26, 2021, 07:32 AM


MUFG Union Bank announced that Rob Swanson has joined as Managing Director, Northern California Market President. Based in the Bay Area, Swanson reports to Bita Ardalan, Head of Commercial Banking for Union Bank. In his role, Swanson will lead the... Read Story
February 25, 2021, 07:40 AM


Wells Fargo has entered into a definitive agreement to sell Wells Fargo Asset Management (WFAM) to GTCR LLC and Reverence Capital Partners, L.P. This sale includes Wells Fargo Bank N.A.’s business of acting as trustee to its collective investment... Read Story
February 23, 2021, 08:20 AM


Umpqua Bank added Dave Ericksen to its Pacific Northwest (PNW) middle market banking leadership team as senior vice president and middle market director. Recognized as one of the PNW region's leading corporate bankers, Ericksen strengthens Umpqua's... Read Story
February 18, 2021, 07:00 AM


Mitsubishi UFJ Financial Group ("MUFG")announced that Kevin P. Cronin has been appointed Regional Executive for the Americas for MUFG and MUFG Bank, Ltd., its primary banking subsidiary, and President and CEO of MUFG Americas Holdings Corporation and... Read Story
February 10, 2021, 08:15 AM


TD Bank has combined its previous Commercial and Corporate and Specialty Banking teams to create a new Commercial Bank. The new Commercial Bank will drive growth, deliver a better client and colleague experience and create efficiencies."Our... Read Story
January 29, 2021, 08:00 AM


Touchstone Bankshares has named C. Sean Link as its Chief Lending Officer. Link has over 10 years of senior executive banking experience with a focus in commercial banking, most recently as Senior Vice President of Commercial Banking at Truist in... Read Story
December 30, 2020, 07:14 AM


SouthState Bank announced the addition of a Jacksonville, FL.-based Middle Market Banking team, as well as the expansion of its Commercial Banking talent across the company's six-state footprint."The SouthState and CenterState Bank merger of equals... Read Story
December 24, 2020, 08:35 AM


SunTrust Banks, Inc. and BB&T Corporation announced both companies' boards of directors have unanimously approved a definitive agreement to combine in an all-stock merger of equals valued at approximately $66 billion. The combined company will be the... Read Story
February 07, 2019, 09:00 AM


CIBC announced that it has entered into a definitive agreement to acquire PrivateBancorp, Inc. and its subsidiary, The PrivateBank, a high-quality Chicago-based middle market commercial bank with U.S.$17.7 billion in assets, complemented by private... Read Story
June 30, 2016, 07:52 AM


Twelve percent of banking CEOs surveyed say they do not have insight into whether their institution’s security has been compromised by a cyber attack in the past two years, according to KPMG, the audit, tax and advisory firm. KPMG’s 2016 Banking... Read Story
June 07, 2016, 07:29 AM


First Community Financial Partners, Inc., the parent company of First Community Financial Bank announced the hiring of an experienced commercial banking team.  The five-person team of seasoned banking professionals will focus on serving the needs of... Read Story
March 07, 2016, 08:03 AM


KeyCorp announced today that they have entered into a definitive agreement under which KeyCorp will acquire First Niagara in a cash and stock transaction for total consideration valued at approximately $4.1 billion.First Niagara, headquartered in... Read Story
October 30, 2015, 08:03 AM


Cascade Bancorp, the holding company for Bank of the Cascades, announced the hiring of a commercial banking team in the Seattle Metro Area led by veteran banker Brandon Elieff who brings over 15 years of experience in middle market C&I and business... Read Story
October 13, 2015, 07:31 AM


Small business loan approval rates at big banks and institutional lenders continue to improve, attaining new post-recession highs in March 2015, according to the Biz2Credit Small Business Lending Index, the monthly analysis of 1,000 loan applications... Read Story
April 14, 2015, 07:23 AM


BB&T Corporation and Susquehanna Bancshares, Inc. announced today the signing of a definitive agreement under which BB&T will acquire Susquehanna in a cash and stock transaction for total consideration valued at approximately $2.5 billion. This... Read Story
November 12, 2014, 08:04 AM


Faced with losing market share to non-traditional competitors, senior bank executives say they are squarely focused on improving the customer experience and transforming their businesses at the strategic, operational and structural level, according... Read Story
July 30, 2014, 07:14 AM


A shift by U.S. banks to increase the proportion of securities classified as held-to-maturity (HTM) likely signals an attempt to reduce capital volatility, especially during periods of rising interest rates, according to Fitch Ratings. Banks will... Read Story
March 19, 2014, 07:51 AM


Small business loan approval rates at big banks ($10 billion+ in assets) increased to an all-time index high of 17.6% in December 2013 from 17.4% in November, according to the Biz2Credit Small Business Lending Index, a monthly analysis of 1,000 loan... Read Story
January 09, 2014, 07:44 AM