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With the acquisitions of CIT Group and a large portion of the failed Silicon Valley Bank, the North Carolina company has doubled in size for the second time in a little more than a year and joined the class of super regionals.
By Jim DobbsMarch 27 -
Missouri-based UMB Financial says it would acquire 157,000 accounts across more than 3,000 employer groups from Old National Bancorp in Indiana.
By Jim DobbsJune 27 -
JPMorgan Chase, Bank of America, Goldman Sachs and Wells Fargo joined Citigroup in pledging to expand benefits to cover travel for out-of-state abortions. Smaller banks in blue states were more vocal, with one female CEO saying: “I stand in disbelief.”
June 24 -
The Florida-based asset management firm has the low-cost deposits TriState Capital needs to fund its rapid loan growth.
By Jim DobbsOctober 21 -
Bank consolidation has been stagnant since the pandemic hit, and the outlook for the rest of the year is bleak.
By Jim DobbsJune 29 -
Bankers spent Monday cleaning up damaged branches, wondering if their small-business clients will need more emergency aid and contemplating how the racial and economic inequalities highlighted by days of violent protests nationwide can be corrected.
By Jim DobbsJune 1