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Commercial Banking News

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121-135 of 2668 results
Professional Holding to acquire FirstCity Bank of Commerce
Professional Holding Corp. ("PHC"), the parent company of Professional Bank ("Professional Bank"), and FirstCity Bank of Commerce ("FirstCity") announced today the signing of a definitive agreement (the "Agreement") under which PHC and Professional Bank will acquire FirstCity for approximately $6.8 million to be paid in cash or stock or combination thereof, at the election of FirstCity shareholders.
Banking Services > Commercial Banking > News
GM Financial to build operations facility in San Antonio
General Motors Financial Company, announced today that it intends to enter into an agreement with Western Securities Limited to build a financial servicing center in San Antonio, Texas, accommodating up to 700 employees, almost all of whom will be new hires.
Banking Services > Commercial Banking > News
TowneBank to acquire Monarch Financial for $229m
By BBR Staff Writer
Retail and commercial banking services provider TowneBank has agreed to acquire Monarch Financial Holdings, a move that will create a hometown bank with $7.3bn in assets.
Banking Services > Commercial Banking > News
Ally Financial names David Shevsky as chief risk officer
Ally Financial today announced that it has named David Shevsky as chief risk officer for the company, effective immediately.
Banking Services > Commercial Banking > News
Crestone introduces Avaloq Banking Suite
Crestone, the company acquiring the domestic wealth management arm of UBS Australia, has decided to introduce the Avaloq Banking Suite. The partnership will see the Australian financial services firm implement an Avaloq solution to support its ambitious business growth plans.
Banking Services > Commercial Banking > News
Franklin Synergy Bank to acquire Civic Bank & Trust for $29.7m
Franklin Synergy Bank’s subsidiary Franklin Financial Network has entered into an agreement to acquire Civic Bank & Trust for $29.7m, in an effort to bolster its expansion in Nashville market and boost its Tennessee presence.
Banking Services > Commercial Banking > News
Suncrest Bank completes merger of Sutter Community Bank
Suncrest Bank has announced the completion of merger of Sutter Community Bank with itself.
Banking Services > Commercial Banking > News
In Ukraine online store ALLO.UA in partnership with PrivatBank launches the bitcoin acquiring.
Ukrainian online store ALLO.UA became the first Ukrainian online store, which launches new service from PrivatBank - pay for purchases with bitcoin (crypto-currency bitcoin). At the time of payment by a payment card order on the website, you need to choose a Bitcoin payment and confirm the transaction by scanning a QR code. The purchase amount is automatically converted at the current exchange rate of bitcoin.
Banking Services > Commercial Banking > News
Webster Financial to expand presence in US with 14 new banking centers
By BBR Staff Writer
Webster Financial said that its subsidiary Webster Bank is expanding its presence in the greater Boston area with 14 new banking centers.
Banking Services > Commercial Banking > News
Swiss banks Cornèr Banca and Bank Coop to settle tax evasion case
By BBR Staff Writer
Swiss banks Cornèr Banca and Bank Coop have agreed to settle dispute with the US Department of Justice (DoJ) over the tax evasion cases under the department's Swiss bank programme.
Banking Services > Commercial Banking > News
Bladex leads successful syndication of a $250m 2-year senior Unsecured Bridge Loan for AES Dominicana
Banco Latinoamericano de Comercio Exterior, announced the disbursement of a $250 million, two year, syndicated loan in favor of AES Andres DR S.A. ("AES Andres") and Empresa Generadora de Electricidad Itabo, ("Itabo"), subsidiaries of AES Corporation a Fortune 200 global power company which provides affordable, sustainable energy to 18 countries through a diverse portfolio of distribution businesses as well as thermal and renewable generation facilities.
Banking Services > Commercial Banking > News
Sterling National Bank expands Westchester commercial banking team
Sterling National Bank, the principal subsidiary of Sterling Bancorp , announced today that Michael Vitale has joined its Westchester commercial banking team as Managing Director. Mr. Vitale will provide commercial lending services to middle market clients, with particular focus on the commercial real estate, not-for-profit, and medical practice sectors. He will also manage banking relationships with high-net-worth individuals.
Banking Services > Commercial Banking > News
Tieto signs partnership agreement with Temenos
Tieto has signed a service partner agreement with Temenos, a market leading banking software provider, for delivering core banking solutions to the Nordic and Baltic regions.
Banking Services > Commercial Banking > News
Fox Chase agrees to merge with Univest in a $244.3m deal
By BBR Staff Writer
Fox Chase Bancorp has agreed to merge its operations into Univest Corporation of Pennsylvania in a $244.3m deal.
Banking Services > Commercial Banking > News
BBCN and Wilshire agree to merge in a $1bn deal
By BBR Staff Writer
BBCN Bancorp and Wilshire Bancorp have agreed to merge their operations in a $1bn deal, which would create the only super regional Korean-American bank in the US.
Banking Services > Commercial Banking > News
121-135 of 2668 results