Americas

In keeping with its policy of outsourcing functions outside its core commercial and retail banking competency, Signature Bank near Chicago teamed with a larger trust company to fill a longstanding gap in its product set.

Acquiring Stellar Bancorp will create the second-largest Texas-headquartered bank, with a No. 5 deposit share in the massive Houston marketplace.

The 81-year-old Metamora State Bank renamed itself Bank419 to better align its brand with its business after years of regional expansion.

The merger of equals, which received a chilly reception from investors when it was announced in July, closed faster than analysts had expected.

As commissioner of Virginia's Bureau of Financial Institutions since 1997, Joe Face emphasized strengthening the dual banking system.

Paul Burdiss' departure marks the second time in as many years that the Salt Lake City-based company has switched the CEO of its Utah, Idaho and Wyoming division.

Once its second deal in less than three years closes midway through 2026, the Alexandria-based company will operate more than 100 branches and hold $11 billion in assets.

Banesco USA in Miami is among the banks that are eyeing the government-guaranteed lending program as a source of growth.

Daryl Byrd, who led Iberiabank until it was acquired by First Horizon, has assembled an investor group to acquire MC Bancshares and its subsidiary, MC Bank & Trust Co. in Morgan City, Louisiana. Byrd will become CEO.