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News Stories (11 Results) - Banking News

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