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The top five bank holding companies have combined business loan portfolios of more than $2.6 trillion as of Dec. 31.
March 31 -
BMO hired former CEO of Citi Private Bank Halé Behzadi to accelerate the bank's growth strategy in California; Pennsylvania's Linkbancorp received regulatory approval to sell its New Jersey operations to a credit union; Dream First Bank announced plans to gain branches throughout Oklahoma; and more in this week's banking news roundup.
March 28 -
The top five bank holding companies have combined total consumer loan portfolios of more than $1.95 trillion.
March 24 -
BMO names Tony Sciarrino head of its U.S. commercial bank; Renasant receives regulatory approvals to complete its pending acquisition of The First Bancshares; Arkansas classifies earned wage access as a financial product; and more in this week's banking news roundup.
March 21 -
The top five bank holding companies have combined total credit card loan portfolios of more than $740 billion.
March 20 -
Retired banker Brad Schwartz is set to join First National as finance chief; Bar Harbor Bankshares agrees to acquire Guaranty Bancorp; CDFI Friendly America reveals new data on lending; and more in this week's banking news roundup.
March 14 -
The biggest loser had a net loss on sale of loans and leases of $908.2 million.
March 14 -
First Busey finalized its acquisition of CrossFirst Bankshares; American Express agreed to buy expense management firm Center; Valley National Bank appointed a new president of commercial banking and a new CFO; and more in this week's banking news roundup.
March 7 -
Six proposals involving the purchase of a bank were terminated or rejected in 2024.
March 7 -
The top five bank M&A deals had an average deal value to tangible common equity ratio of nearly 185%.
March 5 -
Lone Star Capital Bank's plan to merge into Rio Financial Services' banking subsidiary is one of several recently announced Texas M&A deals; David Sparacio will join Birmingham, Alabama's ServisFirst Bancshares as its chief financial officer; Capital City Bank names Ramsay Sims chief banking officer; and more in this week's banking news roundup.
February 28 -
The top five banks in this list closed a net total of 518 branches in 2024.
February 21 -
Provident Bank announces its new chief lending officer; the SEC's acting chairman asks a federal court to delay scheduling cases involving a rule on climate-related disclosure; the merger deadline for Capital One Financial's proposed acquisition of Discover Financial Services is extended; and more in this week's banking news roundup.
February 14 -
The biggest decline was a 9.9% drop in deposits quarter-on-quarter as of Dec. 31.
February 14 -
Leading Republican lawmakers released two similar stablecoin bills last week, legislation that the White House wants finished quickly. Here are four issues banks need to watch as the bills move forward.
February 10 -
Titi Cole, a former executive at Citigroup, is now on the company's board of directors; Citizens Financial Group has formed a trust subsidiary as part of its wealth management and private bank expansion efforts; shareholders of Atlantic Union Bankshares and Sandy Spring Bancorp approved the two companies' planned merger; and more in this week's banking news roundup.
February 7 -
Nine bank branches, many belonging to top U.S. banks, were affected by the recent Los Angeles wildfires.
February 3 -
Jon Weiss, Wells Fargo's co-CEO of corporate and investment banking resigned from his position with plans to retire; A new CFPB report says military service members paid more for auto loans and add-on products; City National Bank's Kelly Coffee is leaving the bank after her 2023 demotion; and more in this week's banking news roundup.
January 31 -
Fifteen banks have failed since 2019, with the most recent one occurring on Jan. 17.
January 28 -
Christopher Mufarrige is named acting director of the FTC's Bureau of Consumer Protection; TD Bank promotes Andrew Stewart, Nadir Johnes and Jo Jagadish; PayPal's John Kim is leaving the company; and more in this week's banking news roundup.
January 24