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Commercial Banking News

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76-90 of 2658 results
PBB Bancorp and First Mountain Bank merger complete
By BBR Staff Writer
PBB Bancorp, the parent company of Premier Business Bank, announced today the successful merger with First Mountain Bank. PBB Bancorp first entered into a definitive merger agreement with First Mountain Bank on June 22, 2015.
Banking Services > Commercial Banking > News
JPMorgan to pay $1.42bn over Lehman Brothers claims
US-based JPMorgan Chase has agreed to pay $1.42bn to settle lawsuit over claims of draining Lehman Brothers' cash before its collapse in 2008.
Banking Services > Commercial Banking > News
First Bancorp of Indiana announces financial results
By BBR Staff Writer
First Bancorp of Indiana, the holding company for First Federal Savings Bank, reported earnings of $483,000 for the quarter ended December 31, 2015, compared to net income of $373,000 in the same quarter last year.
Banking Services > Commercial Banking > News
Redding Bank of Commerce announces regulatory approval to acquire five branch locations
By BBR Staff Writer
Bank of Commerce Holdings, a $1bn asset bank holding company and parent company of Redding Bank of Commerce (the “Bank”), today announced that the Bank received regulatory approval from both the Federal Deposit Insurance Corporation and the California Department of Business Oversight to acquire five branches from Bank of America located in northern California.
Banking Services > Commercial Banking > News
EBRD invests $40m in Ameriabank for 20% equity stake
By BBR Staff Writer
The European Bank for Reconstruction and Development (EBRD) is investing $40m in Ameriabank CJSC in exchange of a 20% stake in the Armenian bank.
Banking Services > Commercial Banking > News
Mackinac Financial to acquire First National Bank of Eagle River in US
By BBR Staff Writer
Mackinac Financial has agreed to acquire First National Bank of Eagle River (FNBER), a move that would increase Mackinac subsidiary mBank's asset position with an estimated post-transaction assets of around $900m.
Banking Services > Commercial Banking > News
First National Bank makes significant technology enhancements to the retail delivery experience
First National Bank, subsidiary of F.N.B. Corporation, has implemented a new innovative approach to its retail delivery strategy.
Banking Services > Commercial Banking > News
Premier Financial Bancorp completes First National Bankshares acquisition
Premier Financial Bancorp, a $1.3bn community bank holding company with two bank subsidiaries, has completed the acquisition of the First National Bankshares Corporation, effective with the close of business on 15 January 2016.
Banking Services > Commercial Banking > News
Bank of Nova Scotia considers possible expansion in Latin America through acquisitions
By BBR Staff Writer
Bank of Nova Scotia is reportedly contemplating plans to expand its footprint in Latin America, especially Mexico through potential acquisitions.
Banking Services > Commercial Banking > News
China launches new multilateral lender AIIB
By BBR Staff Writer
China has launched the new Asian Infrastructure Investment Bank (AIIB) to provide financial support for infrastructure development and regional connectivity in Asia.
Banking Services > Commercial Banking > News
Mitsubishi UFJ to acquire 20% stake in Security Bank for $774m
By BBR Staff Writer
Mitsubishi UFJ Financial Group is reportedly acquiring a 20% stake in Philippine lender Security Bank for $774m.
Banking Services > Commercial Banking > News
Damon Huard Joins First Sound Bank Board of Directors
First Sound Bank (OTCBB;FSWA) today announced that Damon Huard has been appointed to its board of directors. "We are very honored to have Mr. Huard join our board," said First Sound Bank Chairman and CEO Pat Fahey. "His small-business experience, and his standing in the community, will be a great asset to First Sound Bank and our clients."
Banking Services > Commercial Banking > News
US Fed approves $70m planned acquisition of NI Bancshares
By BBR Staff Writer
The Federal Reserve Board in the US has approved the planned First Midwest Bancorp's acquisition of NI Bancshares in a $70m deal.
Banking Services > Commercial Banking > News
Old National to acquire Anchor BanCorp Wisconsin for $461m
By BBR Staff Writer
Old National Bancorp has agreed to acquire Anchor BanCorp Wisconsin, as part of a stock and cash merger deal valued at around $461m.
Banking Services > Commercial Banking > News
UniCredit to offload Ukrainian unit Ukrsotsbank
By BBR Staff Writer
Italian global banking firm UniCredit has agreed to divest its Ukrainian unit Ukrsotsbank to Alfa Group, a Russian investment group.
Banking Services > Commercial Banking > News
76-90 of 2658 results