U.S. Bank announced a realignment of its asset-based finance organization to best serve its current clients and meet the growing demand for asset-based financing products. John Freeman was named Head of Sales & Originations for U.S. Bank Asset Based... Read Story

EverBank has expanded its commercial banking portfolio with the launch of its Public Finance division. Industry expert Trevor Mael, a proven leader in the public finance space, has been appointed as director to lead the division.The Public Finance... Read Story

Bank of America named Ed Siaje President of Bank of America Detroit. As president and head of the market, he will connect clients, teammates and communities to the full power of the franchise and drive integration across the bank’s eight lines of... Read Story

Fifth Third Bank announced Matt Nipper as Northern Ohio RegionPpresident. Nipper succeeds Tom Partridge, who is serving as group regional president.As Region President, Nipper is responsible for the growth and strategic alignment of the Bank’s... Read Story

Cadence Bank announced that Brad Silcox has joined the organization as Executive Vice President and President of Asset Management and Trust. Silcox has spent the past 20 years at Wilmington Trust, a subsidiary of M&T Bank, in various executive... Read Story

Provident Bank announced the addition of six experienced lenders in the commercial banking space: Matthew Moresco, Matthew Skilton, Gerald Bresser, Michael Valenzano, Patrick Beaner, and Daniel Decker. These strategic hires come as part of the... Read Story

KeyBank expanded its commercial banking business in Chicago and Southern California to serve more middle market clients with their differentiated platform – which includes a full range of commercial lending and capital markets capabilities as well as... Read Story

EverBank announced the opening of its first West Coast financial center in Encino, Calif., marking a significant milestone in the bank's expansion into the California market.The financial center will serve the Encino area by offering a full suite of... Read Story

Provident Bank announced the addition of Mohamed Najam as Vice President, Senior Relationship Manager with the bank’s mortgage warehouse lending team, as the bank continues to bolster its specialty lending business, specifically in the mortgage... Read Story

PlainsCapital Bank announced that Travis Smart has joined its Fort Worth lending team as Senior Vice President, Senior Commercial Loan Officer. He will be based at the Bank’s Downtown Fort Worth location at 801 Houston Street. In his new role, Smart... Read Story

Hancock Whitney named Matt Mouledous managing director of its asset based lending (ABL) division, Hancock Whitney Business Capital.Matt MouledousIn this role, Mouledous, who previously served as a senior portfolio manager for the bank will manage the... Read Story

EverBank has expanded its commercial banking footprint with the launch of a new Southern California division. This business will be led by Stephanie Buckley, an industry veteran who will serve as Senior Vice President and Regional Commercial Banking... Read Story

Needham Bank announced that Brad Buckley joined the Commercial & Industrial Lending team as Senior Vice President, Senior Relationship Manager, Middle Market. Reporting to Brian Sutton, Senior Vice President, Director of Middle Market, Buckley is... Read Story

Truist Financial hired Kerry Jessani as head of mid-corporate banking. Jessani will build and lead a coverage team focused on delivering industry-based expertise and solutions to private and public companies across the U.S.Mid-corporate banking will... Read Story

Northrim BanCorp announced the acquisition of Sallyport Commercial Finance in an all cash transaction that closed on October 31, 2024 and is valued at approximately $53.9 million. Sallyport Commercial Finance, LLC is a leading provider of factoring... Read Story

CIBC Innovation Banking has appointed Paul McKinlay and Patrick Martin as Executive Managing Directors and Co-Heads, effective November 1, 2024, as Mark Usher retires from his position as President and Executive Managing Director.CIBC Innovation... Read Story

Ameris Bank promoted Brian Parks to the newly created role of head of Wholesale Banking, reporting to Ameris Bank President Lawton Bassett.Parks will be based in Atlanta and oversee Treasury Management, Industry Specialty Banking, Commercial Real... Read Story

TAB Bank closed $98.4 million in credit facilities across 385 deals during the third quarter of 2024. The financing includes a diverse range of loans such as working capital, equipment, commercial real estate, small business lines of credit and... Read Story

Associated Bank announced the appointment of Phillip Trier and Gregory Warsek to its Executive Leadership Team, effective November 1, 2024. Phillip Trier, 46, will serve as executive vice president, head of Corporate and Commercial Banking... Read Story

Flagstar Bank, a subsidiary of Flagstar Financial, announced the appointment of two senior leaders to its technology and risk teams. The additions will enhance oversight of technology and credit processes, ensuring alignment with industry and... Read Story

WSFS Bank, the primary subsidiary of WSFS Financial Corporation announced that James (Jim) Wechsler has been named Executive Vice President, Chief Commercial Banking Officer, effective January 1, 2025. In his new role, Wechsler will join the... Read Story

Bloomberg reported that JPMorgan Chase & Co. named Michelle Herrick the next head of its commercial real estate business, succeeding Al Brooks.According to the Bloomberg report, Herrick was named deputy head of the business earlier this year, and... Read Story

MidFirst Business Credit, a subsidiary of MidFirst Bank, the largest privately owned bank in the nation, appointed John Nooney as President. Dennis Schlesner, former President of MidFirst Business Credit, retired on October 1, 2024.Nooney brings over... Read Story

Atlantic Union Bankshares Corporation and Sandy Spring Bancorp jointly announced they have entered into a definitive merger agreement for Atlantic Union to acquire Sandy Spring in an all-stock transaction valued at approximately $1.6 billion.... Read Story

First Citizens Bank appointed Michelle Draper to Chief Marketing Officer (CMO). Most recently, Draper served as Chief Marketing and Sales Strategy Officer of Silicon Valley Bank (SVB), a division of First Citizens Bank.In her role serving the First... Read Story

CB&S Bank recently established a new loan production office in Kennesaw, Georgia. CB&S Business Capital, a division of CB&S will be focused on asset-based lending throughout the southern United States. CB&S Business Capital will be led by its... Read Story

Modern Banking Group (MBG) announced that banking industry veteran, Steven Caligor, has joined our Executive Management Team as Chief Lending Officer and Executive Vice President. In this role, Caligor will lead commercial lending operations, drive... Read Story

TD Bank Group announced that, following several years of active cooperation and engagement with authorities and regulators, it has reached a resolution of previously disclosed investigations related to its U.S. Bank Secrecy Act (BSA) and Anti-Money... Read Story

Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank announced that Michael Anthony Guarino, Esq. has joined the Bank as a Senior Vice President, Attorney.Working out of the Bank’s Headquarters in Bedminster, New Jersey and its new... Read Story

The Wall Street Journal reported that TD Bank is expected to pay roughly $3 billion in penalties and accept limits on its growth in the U.S. as part of a settlement with regulators and prosecutors over charges it failed to properly monitor money... Read Story

Wells Fargo named Elena M. Gallo as Government Banking Division Executive. Gallo, a 35-year financial services veteran, succeeds Mara Holley, who is retiring after leading Government Banking since 2015. Gallo is based in New York.Gallo has served as... Read Story

Valiant Energy Solutions, an energy services company with a 60-year legacy throughout Connecticut, announced a strategic partnership with Cambridge Savings Bank (CSB). This partnership will enable Valiant Energy to expand its portfolio, offering the... Read Story

Fifth Third Bank announced a new structure within its Commercial Bank that builds upon the organization’s successes and continues to position the firm for the future.Corporate & Investment Banking serves a variety of industries with a team of... Read Story

SLR Investment Corp. announced that on September 27, its wholly-owned portfolio company, SLR Business Credit (“SLR-BC”) acquired an asset-based factoring portfolio and operations from Webster Bank’s Commercial Services Division (“Webster”) in an... Read Story

Byline Bancorp and First Security Bancorp entered into a definitive merger agreement pursuant to which First Security Bancorp and its wholly owned subsidiary, First Security Trust and Savings Bank, will combine with Byline Bancorp in a cash and stock... Read Story

SVB Financial Group completed the sale of its investment platform business, SVB Capital, to affiliates of Pinegrove Capital Partners, backed by evergreen capital from Brookfield Asset Management and Sequoia Heritage.Under the terms of the agreement... Read Story

Pathward Financial, through its subsidiary, Pathward, announced the Bank’s Partner Solutions line of business won the 2024 Finovate Award for Best Banking as a Service Provider. According to Finovate, its awards recognize the companies driving... Read Story

Citigroup and Apollo entered into an exclusive agreement for a subsidiary of Citi and certain affiliates of Apollo to form a landmark $25 billion private credit, direct lending program initially in North America, with the potential to expand to... Read Story

BlackRock and Santander announced the signing of a memorandum of understanding (MoU) by which funds and accounts managed by BlackRock will invest up to US$1 billion per year in select project finance, energy finance, and infrastructure debt... Read Story

TD Bank announced Andy Bregenzer and Jill Gateman as Co-Heads of U.S. Commercial Banking. The appointments follow the Spring 2024 announcement of Chris Giamo's retirement from TD Bank after 26 years of service to TD and more than 30 years in... Read Story

Peapack-Gladstone Financial Corporation and Peapack Private, a division of Peapack-Gladstone Bank, announced that Vanessa Tortorice has joined Peapack Private’s New York City location as Senior Managing Director. Tortorice joins a team of... Read Story

WSFS Bank, the primary subsidiary of WSFS Financial Corporation promoted Terry Kistler to Senior Vice President, Regional Manager of the Southern Delaware region, reporting to Shelly Kavanagh, Senior Vice President and Director of Retail Delivery.As... Read Story

TD Bank Group and Chief Executive Officer, Bharat Masrani, announced his intention to retire on April 10, 2025, after 38 years at the Bank and more than a decade as CEO. In line with TD Bank Group's succession plan, the Board of Directors announced... Read Story

Bank of America announced that David Dowd has been named president of Bank of America Asheville. As president, Dowd will be head of the market and responsible for connecting clients, teammates and communities to the full power of the franchise... Read Story

The Huntington National Bank announced that Mike Maeser has been named regional president in Minnesota, effective immediately. He steps into the role following an extensive career in the financial services industry, including the last three years in... Read Story

EverBank Financial Corp, a bank holding company that conducts its banking operations through its wholly owned subsidiary, EverBank, announced that it has entered into a stock purchase agreement to acquire Sterling Bank & Trust, FSB, a wholly owned... Read Story

UMB Bank, a subsidiary of UMB Financial Corporation, announced the expansion of its CLO Trustee and Loan Administration team with the hire of Henry Brigham, Willis Hwang and David Knecht. They join a seasoned team led by Senior Vice Presidents Alex... Read Story

The Huntington National Bank announced its franchise expansion into North Carolina and South Carolina, furthering its presence and investment in the region and supporting the bank's strategic plan and long-term growth strategy.Huntington will... Read Story

Capital Bancorp, the holding company for Capital Bank, and Integrated Financial Holdings, the holding company for West Town Bank & Trust and Windsor Advantage, announced the receipt of regulatory approval from the Office of the Comptroller of the... Read Story

Customers Bank, the $21 billion asset subsidiary of Customers Bancorp, is laying the groundwork for continued deposit growth in commercial and specialty banking divisions, enhancing its C-suite to incorporate significant, top-level expertise and... Read Story

CIBC President and CEO Victor Dodig announced senior leadership appointments that position the bank to continue executing on its client-focused strategy and build on its momentum in creating sustainable value for all stakeholders."We're driving... Read Story

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $7 billion in assets, announced that Daniel Carey has been promoted to Senior Vice President, Chief Financial Officer (CFO). Previously the Head of... Read Story

Following its recent merger with Cambridge Trust and as part of its enhanced focus on product development, wealth management and private banking, Eastern Bank is pleased to announce that Executive Vice President Sujata Yadav has been named Chief... Read Story

Banc of California, a wholly owned subsidiary of Banc of California, announced that Chris Hague has joined the company as Executive Vice President and Head of Specialty Finance. In this role, Hague oversees the bank’s teams in Lender Finance... Read Story

Bridgewater Bancshares, the parent company of Bridgewater Bank, and First Minnetonka City Bank announced the signing of a definitive merger agreement under which Bridgewater Bank would acquire First Minnetonka City Bank in an all-cash transaction.At... Read Story

IDB Bank appointed Jeremy Cramer as its new Senior Vice President and Head of California Commercial Real Estate (CRE). In this role, he will lead balance sheet CRE lending across the Bank's west coast operations, overseeing loan originations, asset... Read Story

Woodsboro Bank announced the promotion of key leaders in the organization.Effective August 21st, current Executive Vice President & Chief Commercial Banking Officer, Richard Ohnmacht, will assume the role of President and Chris Clemons, current... Read Story

According to a Reuters report dated August 19, 2024 authored by Manya Saini and Niket Nishant, regional lenders are cutting more deals to shore up their balance sheets and compete with rivals, extending a wave of consolidation in the sector that may... Read Story

Ameris Bank welcomed two commercial banking industry veterans to its well-established team. Bill Kilburg joins Ameris as Senior Vice President, Relationship Manager and Patrick Murphy will serve as Senior Vice President, Government Relationship... Read Story

WSFS Bank, the primary subsidiary of WSFS Financial Corporation announced Randy Royther as Senior Vice President, Director of Interest Rate Hedging, reporting to Neil Orechiwsky, Senior Vice President and Managing Director of Capital Markets.Royther... Read Story

EverBank announced the formation of its Asset-Backed Finance (ABF) division, following the merger of its Fund Finance and Specialty & Lender Finance businesses. This new division will be led by Jeff Johnston, EVP Head of Asset-Backed Finance, and... Read Story

Eagle Bancorp, the Bethesda, MD-based holding company of EagleBank, announced Chief Credit Officer Janice “Jan” Williams will be retiring from EagleBank on June 30, 2025. Williams’ longstanding dedication and exceptional contributions have... Read Story

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $7 billion in assets, announced that Ian Brandon has been promoted to Executive Vice President, Chief Commercial Banking Officer (CCBO).Brandon’s... Read Story

Regions Bank announced Ronnie Smith, head of the company’s Corporate Banking Group, will retire at the end of the year following more than four decades of service to Regions and its predecessor banks.Brian Willman, head of Commercial Banking for... Read Story

TD Bank announced that Chris Ward has been named Regional President of the Mid-South Metro, which includes Delaware, Maryland, the District of Columbia, Virginia, North Carolina and South Carolina.In this role, Ward will head TD Bank's Mid-South... Read Story

KeyCorp has reached an agreement under which The Bank of Nova Scotia (Scotiabank) will make a strategic minority investment in KeyCorp of approximately $2.8 billion, representing approximately 14.9 percent pro forma common stock ownership, for a... Read Story

TriState Capital Bank announced Tim Merrell has joined the company as Senior Vice President, Relationship Manager, for its Philadelphia office. In this role, Merrell is responsible for the development and growth of middle-market Treasury Management... Read Story

TD Bank promoted Scott Daigle to North Florida Commercial Market President to support continued growth efforts in the region, which includes the greater Orlando, Tampa/St. Petersburg, Jacksonville, Gainesville, Ocala, Daytona, Lakeland and Melbourne... Read Story

Truist Financial Corporation announced that Steve Hagerman will be its new chief information officer. Hagerman will join Truist on Oct. 28, reporting to Chairman & CEO Bill Rogers. Based at Truist headquarters in Charlotte, Hagerman will lead the... Read Story

U.S. Bancorp, parent company of U.S. Bank, announced that Arijit Roy will become the newest member of its Managing Committee, a group of 16 executives with various responsibilities for the organization’s revenue lines, enabling functions and... Read Story

Mitsubishi HC Capital America is strengthening its working capital team with the appointment of Lawrence Ridgway as Senior Business Development Director, Business Finance. Ridgway will be spearheading the origination and structuring of asset-based... Read Story

TAB Bank appointed Tami Fisher as its new Chief Information Officer (CIO). She joins TAB Bank with nearly two decades of extensive experience developing and executing enterprise strategies to optimize operations and technology outcomes.As CIO, Fisher... Read Story

Texas Capital Bancshares, the parent company of Texas Capital, announced the launch of its Texas Capital Direct Lending (“TCDL”) platform. Focused on providing non-bank private capital to the middle market, TCDL will form an integral part of Texas... Read Story

WSFS Bank, the primary subsidiary of WSFS Financial Corporation announced the hire of John Heiser as Senior Vice President and Senior Private Banking Relationship Manager, reporting to Cheryl Vaughan, Senior Vice President, Private Banking... Read Story

CBB Bancorp, the parent company of Commonwealth Business Bank announced that James R. Walther has been appointed to its Board of Directors, as well as to the Board of the Company’s subsidiary bank. The appointment to each of the Boards is effective... Read Story

Texas Capital Bancshares, the parent company of Texas Capital, announced that Todd Jordan has joined Texas Capital as Austin Market President and leader of Austin Middle Market Banking. In his new role, Jordan is responsible for delivering... Read Story

Bank of America named Drew Slocum as President of Bank of America Wisconsin. Slocum will lead the Wisconsin market and will be responsible for connecting clients, teammates and communities to the bank’s eight lines of businesses and the full power of... Read Story

Mitsubishi HC Capital America announced that Daniel Harari has joined the company as Senior Vice President, Corporate Development – M&A and Investments.With 25 years’ experience in M&A and strategic advisory, Harari will be responsible for advancing... Read Story

First Citizens Bank announced that its Middle Market Banking group is expanding in the Northeastern U.S., leveraging its deep middle market expertise to provide a full-suite of financial solutions to midsize businesses across the region. Since its... Read Story

Washington Trust announced the promotion of Scott McCaughey to Senior Vice President and Team Leader within the Commercial Banking division. In his new role McCaughey, a 30-year banking professional, will oversee the Bank's Commercial & Industrial... Read Story

U.S. small business lenders increased requirements to qualify for financing in the first half of 2024, but are cautiously optimistic the market will improve, according to the Q1 2024 SMB Lending Index released by Lendio.Lendio's SMB lending index... Read Story

TAB Bank successfully closed $103 million in credit facilities with nearly 400 companies during the second quarter of 2024. Financing included loans for working capital, equipment and commercial real estate, small business lines of credit and... Read Story

Lloyds Bank and Oaktree Capital Management announced a strategic partnership (the “Partnership”) to support UK middle-market sponsor-backed borrowers. Lloyds Bank Structured Debt Finance team will partner with Oaktree’s European Private Debt platform... Read Story

WSFS Bank, the primary subsidiary of WSFS Financial Corporation, announced the hire of Stacey Ioia as Senior Vice President, Director of Enterprise Fraud Risk Management, reporting to Michael Dzielak, Senior Vice President, Director of Financial... Read Story

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and nearly $7 billion in assets, announced that Kevin McGuire, previously the Chief Information Officer (CIO), has been appointed as the new Chief Operating... Read Story

Webster Financial Corporation, the holding company for Webster Bank, announced its Board of Directors approved both the appointment of William (Neal) Holland, as Executive Vice President, Finance of both the Company and the Bank, and the election of... Read Story

Provident Bank announced that Vik Venkataraman has joined the organization as a Senior Relationship Manager to lead Provident’s expansion in the middle-market healthcare services space.“I am pleased to welcome Vik to the team,” said Roberto Camacho... Read Story

ABN AMRO announced the appointment of Barbara Stam as CEO of ABN AMRO Asset Based Finance (ABF). Stam’s background, experience, and career achievements to date mean she is well-positioned to lead ABF into the future.Stam brings a broad background in... Read Story

TD Bank appointed Steve Moroney as its Commercial Market President for Connecticut and Rhode Island. Moroney is based in New Haven, CT.“Steve is a long-tenured TD colleague and dedicated people leader with immense commercial banking and small... Read Story

Sunwest Bank added Robert Faver as its new Executive Vice President, Managing Director of Commercial Banking. In this pivotal role, Faver will steer the commercial lending and sales platform of the Bank across multiple states and divisions. His... Read Story

Wells Fargo announced that Alexandra Barth has joined the Corporate & Investment Bank (CIB) as co-head of Leveraged Finance within the Banking division. She will co-lead the Leveraged Finance team with Trip Morris. She reports to Tim O’Hara, head of... Read Story

The PNC Financial Services Group announced that Carole L. Brown has elected to retire as head of Asset Management Group, effective Aug. 1. Brown will remain with PNC as a senior advisor through early 2025.“I am grateful for Carole’s many... Read Story

Flushing Financial Corporation, the parent holding company for Flushing Bank, announced Gary Raisig has joined the bank as Senior Vice President and Group Sales Executive for the Business Banking team. Reporting to the Director of Business Banking... Read Story

Amerant Bank named Jesse Flowers as EVP, Palm Beach Market President. Flowers, an integral part of the financial services industry in the Palm Beach market, brings over two decades of experience in banking, specializing in servicing clients seeking a... Read Story

First Fed Bank, subsidiary of First Northwest Bancorp, announced Kyle Henderson has been promoted to Chief Credit Officer. Henderson joined First Fed as Deputy Chief Credit Officer in 2023."Kyle Henderson is a respected banking leader with an... Read Story

Marathon Asset Management, a leading global credit manager with $23 billion in assets under management, and Webster Financial Corporation, the holding company for Webster Bank, a top performing commercial bank with $76 billion in assets, announced... Read Story

FirstBank elevated several leaders, including its new Chief Risk Officer (CRO) Jennifer Payne.Payne has been with the bank for 23 years, and has worked in various leadership roles across the company, including President of Compliance and, most... Read Story

U.S. Bancorp, parent company of U.S. Bank, announced that Tim Welsh, vice chair of Consumer and Business Banking, intends to leave the organization after seven years to focus on his many community activities and additional career interests.“During... Read Story

Live Oak Bancshares announced that its Board of Directors has appointed Michael J. Cairns as Chief Credit Officer, effective August 1, 2024. Cairns will serve as CCO for both Live Oak Bancshares and Live Oak Bank and succeeds Steven J. Smits who has... Read Story

Further strengthening its growing presence in California, Citizens Financial Group announced that Michael Walker has joined the company to lead its team serving middle market companies across the state.Walker, based in San Francisco, has more than 45... Read Story

Mark Forrest has joined Citizens as a senior vice president on the asset-based lending team to bring additional local focus and expertise as Citizens continues to grow its presence in the Midwest and West regions. He will serve as a trusted advisor... Read Story

Following a unanimous vote from their boards, PeoplesBank and Cornerstone Bank have announced that they have entered into a definitive agreement to combine their holding companies in a merger transaction. While the merger agreement between... Read Story

HSBC announced that Danielle Johnson has been appointed Global Head of Institutional Client Group (ICG) within the Global Banking and Markets business. In this role, she will be responsible for strengthening the coverage of institutional clients... Read Story

FNB Corporation, the parent Company of First National Bank, announced it has enhanced its Bank Operations with a single, streamlined reporting structure. The updates are designed to enable FNB to more effectively apply automation, drive efficiency... Read Story

Amerant Bank named industry veteran Mike Nursey as EVP, Central Florida Market President. Nursey will be responsible for the strategic execution of Amerant Bank’s growth strategy in Hillsborough, Pinellas counties as well as other key markets... Read Story

TD Bank Group (TD) announced the launch of TD Innovation Partners (TDIP), a division of The Toronto-Dominion Bank. TDIP is a new full-service team providing bespoke, high-touch banking and financing solutions in support of technology and innovation... Read Story

Citizens Financial Group announced that Don McCree, Head of Commercial Banking, has been appointed as Senior Vice Chair of Citizens.Chairman and CEO Bruce Van Saun commented: “This appointment recognizes Don’s strong performance and leadership since... Read Story

Bank of America named Michael Garand as President of Bank of America Worcester. As president, Garand will lead the Worcester market and will be responsible for connecting clients, teammates and communities to the bank’s eight lines of businesses and... Read Story

First Citizens Bank announced that its Middle Market Banking group has named Tao Sung as director and relationship manager in the Los Angeles region. Based in the Santa Monica office, Sung will focus on leading his team to develop new business in the... Read Story

Valley National Bancorp, the holding company for Valley National Bank, appointed John P. Regan as Senior Executive Vice President—Chief Risk Officer effective June 24, 2024. Regan will succeed Raja A. Dakkuri, who is leaving Valley to pursue another... Read Story

Enterprise Bancorp and Enterprise Bank announced the retirement of Chief Executive Officer John “Jack” P. Clancy Jr., a position he has held since 2007. Clancy, named an honorary director of the company by its Board of Directors, will serve as an... Read Story

Wells Fargo Capital Finance appointed two senior leaders responsible for asset-based lending Originations and Syndications, further reinforcing its focus on providing valuable advice and expertise for the company’s commercial clients who are... Read Story

Rockland Trust recently expanded its Asset Based Lending Team with the appointment of William Walsh as Vice President, Relationship Manager. In this role, Walsh is responsible for cultivating and nurturing relationships with clients across the team’s... Read Story

U.S. Bancorp announced expanded leadership roles for Stephen Philipson and Felicia La Forgia as part of an effort to strategically position the bank’s Wealth, Corporate, Commercial and Institutional Banking (WCIB) team. They will continue to report... Read Story

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and nearly $7 billion in assets, announced that Angela Conti will be joining the leadership team as Head of Consumer and Small Business Banking. In her newly... Read Story

Mercantile Bank Corporation implemented the following resignations and appointments, in furtherance of its previously announced management succession plan, effective as of June 1, 2024:Robert B. Kaminski, Jr. has retired as President and Chief... Read Story

First Business Financial Services, parent company of First Business Bank, announced Brad Quade’s recent promotion to Executive Vice President & Chief Credit Officer.Expanding on his earlier role as Chief Credit Officer, Quade’s new responsibilities... Read Story

Reuters reported that Goldman Sachs Asset Management's alternative investments platform said on Wednesday its latest fund had raised more than $20 billion for senior direct lending.According the Reuters report, the fund named West Street Loan... Read Story

First Citizens Bank's Middle Market Banking group named Erik Langeland as a relationship manager and market leader focused on building new business in Northern California.Langeland will be responsible for developing and maintaining a portfolio of... Read Story

Barclays appointed David King as Global Head of Technology M&A. King will be based in San Francisco, will report to Ihsan Essaid, Global Head of M&A, and will work in close partnership with Kristin Roth DeClark, Global Head of Technology Investment... Read Story

WSFS Financial Corporation, the parent company of WSFS Bank, announced that David Burg will join the Company as Executive Vice President, Chief Financial Officer on August 15, 2024. In this role, Burg will be responsible for leading the Company's... Read Story

Webster Bank announced that Jeffery Wacker has joined the bank’s Asset Based Lending division as Managing Director of Large Corporate Asset Based Lending (ABL) Originations. In his role, Wacker will have geographic coverage responsibility for the... Read Story

First Horizon Corporation has been recognized in the 2023 Greenwich Excellence and Best Brand Awards, earning 19 recognitions in the U.S. Small Business Banking and Middle Market Banking categories. The winners of the prestigious 2023 Greenwich... Read Story

Provident Financial Services announced that its merger with Lakeland Bancorp was completed, creating the premier super community banking franchise in the region. The merger of Lakeland Bank with and into Provident Bank has also been completed. In... Read Story

Pathward announced the expansion and transformation of its suite of offerings for financial institutions. Formerly known for providing prepaid cards to banks and credit unions, Pathward’s new Solutions for Financial Institutions includes expanded... Read Story

TAB Bank has been named Best Community Bank by the Utah Best of State Awards for the second year in a row. TAB will be honored at the Best of State Gala on Friday, May 24, 2024, at the Salt Palace Grand Ballroom in Salt Lake City.The Best of State... Read Story

Citizens Financial Group announced that Jim Weiss has joined Citizens as Florida market president to bring additional local focus and expertise as Citizens continues to grow its presence in Florida.Weiss, based in Tampa, has more than 30 years of... Read Story

First Citizens Bank's CIT Commercial Services subsidiary named Don Norman as a vice president and senior portfolio and relationship manager in its Western Region. In his new role, Norman will be responsible for managing a portfolio of clients while... Read Story

PlainsCapital Bank recently announced that Jud Miller has joined its commercial lending team as Senior Vice President, Senior Commercial Loan Officer.  With over two decades of diverse financial services experience spanning commercial banking... Read Story

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and nearly $7 billion in assets, announced that it has provided Chesterbrook Community Foundation with a $25,000 donation to support the renovation of the... Read Story

Wells Fargo & Company announced that Fernando Rivas has been named SEVP and Co-CEO of Corporate & Investment Banking (CIB), reporting to Wells Fargo CEO Charlie Scharf and joining the company’s Operating Committee, effective today. Rivas and Jon... Read Story

First Citizens Bank announced that its CIT Commercial Services subsidiary has named Jason Goldberg as a regional sales manager dedicated to increasing new business in the Northeast.Goldberg will be responsible for managing a team of business... Read Story

First Citizens Wealth launched new enhancements to its Private Investments capabilities that enable qualified clients to invest in growth-oriented opportunities outside of the traditional public securities markets.These new private investments... Read Story

The PNC Financial Services Group and the TCW Group("TCW"), a leading global asset manager, are partnering to deliver private credit solutions to middle market companies.The PNC and TCW partnership formalizes and expands more than 15 years of... Read Story

Peapack-Gladstone Financial Corporation and Peapack Private, a division of Peapack-Gladstone Bank, announced that Jerry Dominguez has joined Peapack Private’s New York City location as Senior Managing Director.  Dominguez is responsible for providing... Read Story

U.S. Bancorp, parent company of U.S. Bank, announced that Gunjan Kedia will be its new President, reporting to Andy Cecere, who will retain the title of Chairman and CEO.In this role, Kedia, 53, will oversee the company’s three business lines... Read Story

Comerica announced Floyd Kessler has been named to the new role of Executive Vice President, Chief Business Risk and Controls Officer. Kessler will report to Peter Sefzik, Chief Banking Officer.Kessler will lead the Business Risk and Controls Office... Read Story

Christopher J Murphy III, Chairman and CEO of 1st Source Corporation and Chairman of 1st Source Bank announced that as part of 1st Source’s long-term succession planning, the Board of 1st Source promoted Andrea G. Short to President of 1st Source... Read Story

SVB Financial Group entered into a definitive agreement under which a newly created entity affiliated with Pinegrove Capital Partners ("Pinegrove") and backed by permanent capital from Brookfield Asset Management ("Brookfield") and Sequoia Heritage... Read Story

Sunflower Bank hired four experienced commercial banking teams in Southern California. Southern California’s commercial banking market will be the largest market for Sunflower Bank and provides an opportunity to continue the expansion of its... Read Story

BHI, the U.S division of Bank Hapoalim, appointed Nisan Blum as Chief Risk and Compliance Officer. Blum will report directly to CEO, Gil Karni, and join the Senior Management Team.Blum joins BHI most recently from Cross River Bank where he served as... Read Story

Triumph Financial appointed Jamie Paterson as the Executive Vice President, Chief Operating Officer – Banking Operations of its TBK Bank, SSB subsidiary. In his role, Paterson will be responsible for overseeing operational excellence for the bank.... Read Story

Scotiabank announced that Travis Machen has been appointed CEO and Group Head of its Global Banking and Markets (GBM) business, effective May 6, 2024.In this role, Machen will be responsible for leading the execution of a global banking business... Read Story

First Business Bank added Kristen Palmer to its subsidiary, First Business Specialty Finance, as Vice President and a Business Development Officer in its Accounts Receivable Financing group.“We are very excited to have Kristen on our team,” said Bill... Read Story

UMB Financial and Heartland Financial, USA Inc. entered into a definitive merger agreement under which UMB Financial Corporation (UMB) will acquire Heartland Financial USA, Inc. (HTLF), in an all-stock transaction valued at approximately $2.0 billion... Read Story

Fulton Financial Corporation announced that its bank subsidiary, Fulton Bank has acquired substantially all of the assets and assumed substantially all of the deposits of Republic First Bank, doing business as Republic Bank (“Republic Bank”), from... Read Story

First Citizens Bank's Middle Market Banking group has named Sana Moheet as a relationship manager focused on building new business in Texas and the surrounding areas.Moheet will be responsible for establishing and maintaining a portfolio of middle... Read Story

The Board of Directors of Renasant Corporation implemented the next step of the Company’s management succession plan, designating Kevin D. Chapman to become Chief Executive Officer of the Company and Renasant Bank effective May 2025. Chapman will... Read Story

Peapack-Gladstone Financial Corporation and Peapack Private, a division of Peapack-Gladstone Bank, announced that Greg Tamberlane has been appointed as Senior Vice President, Head of Commercial Bank Operations New York, continuing to lead the... Read Story

First Business Bank announced Paige Runyard’s promotion to Assistant Vice President – Senior Credit & Portfolio Manager within its Accounts Receivable Financing team, part of First Business Specialty Finance, LLC. In this position, Runyard manages a... Read Story

Corporate treasury departments are going paperless, and sooner than you might think, according to a new survey of more than 200 treasury executives conducted by Citizens. In fact, 94 percent of respondents who use checks today expect their company to... Read Story

WSFS Bank has hired Brooke Moyer as Senior Vice President and Director of Loan Syndications, reporting to Jim Gise, Senior Vice President, Middle Market, Syndications and Capital Markets.In his role, Moyer will be responsible for arranging, pricing... Read Story

First Horizon Corporation announced Thomas Hung, Executive Vice President, Head of Franchise Finance, will be named Senior Executive Vice President, Chief Credit Officer, effective Oct. 1, 2024. Hung will succeed Susan Springfield, Senior Executive... Read Story

New York Community Bancorp appointed four distinguished leaders to its executive management team, effective immediately. These strategic appointments signify the Company's commitment to enhancing its operational capabilities, fortifying its risk and... Read Story

First Horizon Corporation announced Tracy Bell has been promoted to the Chief Investment Officer of First Horizon Advisors Inc., the Wealth Management subsidiary of First Horizon.In this role, Bell will lead the First Horizon Advisors investment team... Read Story

Bloomberg reported that Citigroup named Shane Azzara as sucessor to Shapleigh Smith as head of asset-based and transitional finance. According to the Bloomberg report, Azzara has worked at Citi for nearly 30 years and was promoted to managing... Read Story

Provident Financial Services, the parent company of Provident Bank, and Lakeland Bancorp, the parent company of Lakeland Bank, received regulatory approval from the Board of Governors of the Federal Reserve System for Provident and Lakeland to... Read Story

BlackRock and Santander announced that funds and accounts managed by BlackRock will provide financing on a $600 million diversified portfolio of infrastructure credit across communications, energy, power and transportation sectors via a structured... Read Story

First Horizon Corporation has named Martin de Laureal as President of First Horizon Advisors, Inc. the Wealth Management subsidiary of First Horizon, and head of Private Banking for the company. In his new role, de Laureal's responsibilities include... Read Story

BHI, the U.S division of Bank Hapoalim, has appointed Jacob (JJ) Weinstein as Head of CRE and Healthcare.  Weinstein will report directly to CEO, Gil Karni, and join the BHI Executive Team.  Weinstein has extensive knowledge of the real estate... Read Story

Banc of California, a wholly owned subsidiary of Banc of California, promoted several leaders in Community Banking, which provides in-market relationship lending and treasury management solutions through its network of branches and regional... Read Story

Customers Bank onboarded 10 experienced commercial and business banking teams in New York, California and Nevada. The hiring drive is expected to accelerate the Bank’s deposit growth potential and represents significant investment in its Single Point... Read Story

Peapack-Gladstone Financial Corporation and Peapack Private, a division of Peapack-Gladstone Bank, continue to move into New York City with the hiring of Andrew F. Corrado and more than 10 teams of commercial and private bankers. Corrado, fresh off... Read Story

FirstBank recently named Adam Sands the Chief Banking Officer (CBO). Sands will assume the majority of the responsibilities formerly held by the company’s President, including supporting the bank’s markets, customers, loan and deposit production as... Read Story

According to a Reuters report, JPMorgan Chase reorganized the leadership in its global banking division, installing new leaders in capital markets and investment banking, according to a memo seen by Reuters on Thursday.According to the report, the... Read Story

U.S. Bank has teamed up with Levantor Capital to expand flexible working capital financing options for U.S. Bank clients.U.S. Bank offers a wide range of risk management and financing solutions to help firms improve their working capital along supply... Read Story

Peapack-Gladstone Financial Corporation, a division of Peapack-Gladstone Bank, announced that Joanne Gagliardi has joined its commercial banking team as a Senior Managing Director.  With the Bank’s expanded footprint in New York City, Gagliardi joins... Read Story

Valley National Bank, the wholly-owned subsidiary of Valley National Bancorp, announced that their New York City Commercial Banking Team closed a $150 million senior revolving credit facility for a premier New York-based finance company. The... Read Story

Private equity entered 2024 ready to shop, and a study released by Citizens reveals many business leaders may be open to making a deal.Nearly three quarters (72%) of small- and mid-size businesses in the U.S. view the private equity industry as a... Read Story

Cadence Bank announced changes to its organizational structure, as well as new and increased responsibilities for several key executives, that will build on the company's success, create efficiencies and position it for future growth. Hank Holmes... Read Story

MUFG announced that it has established a new Medium-term Business Plan (“MTBP”) for the three-year period beginning in FY2024, as outlined in the following press release.Since the three years of the COVID-19 pandemic, the business environment has... Read Story

TAB Bank has appointed Justin Hatch as its Chief Lending Officer, effective immediately. In his new role, Hatch will oversee the lending activities of TAB Bank’s working capital lending products, including asset-based lending, factoring, lending... Read Story

J.S. Held reveals the “Lending Climate in America” survey results from Phoenix Management, a part of J.S. Held. The first quarter survey results highlight concern about the outcome of the upcoming Presidential election and increased uncertainty... Read Story

Western Alliance Bank announced the appointment of Katie McDowell and Jon VanDerMeid to the organization’s Commercial and Industrial Banking team. McDowell assumes the role of Senior Vice President, Relationship Manager to support the organization’s... Read Story

Webster Financial Corporation, the holding company for Webster Bank and its HSA Bank division, announced that after 13 years with the Company, Glenn MacInnes intends to retire from his role as Executive Vice President and Chief Financial Officer... Read Story

MUFG Investor Services U.S., the U.S. asset servicing arm of Mitsubishi UFJ Financial Group, announced the launch of its professional services group. This move underscores the company's commitment to delivering unparalleled service and game-changing... Read Story

Peapack-Gladstone Financial, the holding company for Peapack-Gladstone Bank and its Investment Banking division, Peapack Private Investment Banking, anounced its participation in the transition of Super Stud Building Products Inc. and affiliates... Read Story

TAB Bank announced the promotion of Terri Lins as Chief Credit Officer, effective immediately. Lins has been an integral part of the TAB Bank team for more than a decade, most recently serving as Senior Vice President and Senior Credit Officer.As... Read Story

KeyCorp announced a forward flow origination partnership with Blackstone Credit & Insurance focused on Key's Specialty Finance Lending (SFL) group. SFL is a leading asset-based lender serving clients nationally across middle market, growth capital... Read Story

Comerica Bank named Tim Maiden Senior Vice President, Group Manager for its Southern Dallas Business Banking Team. He will report to Corey Bailey, Executive Vice President, Executive Director, Middle Market & Business Banking.Maiden will lead a team... Read Story

WSFS Bank hired Jamie Tranfalia as Senior Vice President and Senior Middle Market Team Leader, reporting to Jim Gise, Senior Vice President, Middle Market, Syndications and Capital Markets.In his role, Tranfalia will support and develop a team of... Read Story

PNC Bank announced Michael Thomas has been named head of Corporate & Institutional Banking (C&IB). Based in Pittsburgh, Thomas will report to Michael P. Lyons, president. Thomas succeeds Lyons in the role, after Lyons was appointed President Feb. 20.... Read Story

HSBC announced the appointment of Andrew Fullam as Chief Financial Officer (CFO) for the U.S. and Americas.In this role, he will be responsible for the region’s financial operations, including accounting, regulatory reporting, stress testing and... Read Story

Sumitomo Mitsui Banking Corporation (SMBC) has appointed Mark Corteil as Chief Risk Officer for the Americas Division.In this role, Corteil will serve on the Americas executive team and lead the firm in developing and maintaining a robust risk... Read Story

CIBC President and CEO Victor Dodig announced senior leadership appointments to support the bank's continued execution of its client-focused strategy, deepen its leadership capabilities and enable continued business momentum."Across our bank, we have... Read Story

With former Hancock Whitney Bank President Joe Exnicios’ official retirement on March 1, after 46 years of service, Hancock Whitney has named current Chief Operating Officer D. Shane Loper to succeed Exnicios as bank president.Loper assumes the title... Read Story

Following the decision of TAB Bank President and CEO Rick Bozzelli to retire, the Board of Directors has appointed Austin Strong, Chief Strategy Officer, as the new CEO and Tyler Heap, Chief Credit Officer, as President. This dual leadership... Read Story

FirstBank announced Jim Reuter is retiring from FirstBank after seven years as Chief Executive Officer (CEO) and 37 years with the organization. The board elected President, Kevin Classen, as the new CEO, and Chief Digital Officer (CDO), Kelly... Read Story

First Horizon Corporation has promoted Ashley Argo to Deputy Chief Risk Officer. Argo has held multiple roles in her 19-year tenure with First Horizon Bank in various departments including Accounting, Credit and Risk Management."Ashley has... Read Story

Wells Fargo announced that Doug Braunstein will join the company as Vice Chairman, effective February 28. Braunstein brings a broad set of financial services experiences to Wells Fargo, with particular expertise in serving as an advisor to boards and... Read Story

Viswas (“Vis”) Raghavan will join Citi as Head of Banking and Executive Vice Chair of Citi, reporting to Citi Chief Executive Officer Jane Frazer, according to a Note to Colleagues posted on the Citi website. Fraser stated the following in a letter... Read Story

Oxford Commercial Finance (OCF), a subsidiary of Oxford Bank ("the Company"), announced strategic leadership changes aimed at providing enhanced strategic direction and oversight as the company continues to expand and evolve. Current OCF President... Read Story

U.S. Bank has launched a new division dedicated to serving private capital firms and global asset managers.The Private Capital and Global Asset Management division brings together all parts of the bank that currently serve more than 200 private... Read Story

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and nearly $7 billion in assets, announced that it was the lead bank in a $45 million participation loan for Modera Wealth Management, LLC (Modera)’s transaction... Read Story

Western Alliance Bank announced the appointment of Bret Rathwick and Michael Anthony to the organization’s Commercial and Industrial team. Rathwick assumes the role of Vice President, Relationship Manager at Western Alliance Bank’s Costa Mesa office... Read Story

The PNC Financial Services Group announced that its Board of Directors has unanimously appointed Michael P. Lyons President of the corporation and its wholly owned banking subsidiary, PNC Bank, effective immediately.Lyons will report to William S.... Read Story

Truist Financial Corporation reached a definitive agreement to sell its remaining stake in Truist Insurance Holdings ("TIH"), a subsidiary of Truist and the fifth largest insurance brokerage in the United States, to an investor group led by private... Read Story

PNC Private Bank appointed David Key to lead its Houston-based team. Key will oversee a local team that specializes in providing wealth strategy, investment management, trust & estate services and credit & cash management solutions to high and... Read Story

First Business Bank announced Eric Schremp’s promotion to Vice President, Commercial Banking.Schremp has over 10 years of commercial banking experience primarily serving family businesses and closely held companies of all sizes. He joined First... Read Story

Cambridge Savings Bank (CSB) announced that it has hired Ryan Bailey as the bank’s new President and Chief Executive Officer (CEO).Bailey was hired after the bank conducted a national search to succeed current president and CEO, Wayne Patenaude, who... Read Story

TD Bank has named Don Baker Commercial Market President of Northern New England. In this expanded role, Baker will lead the commercial and small business banking teams in Maine, New Hampshire and Vermont.“Don is a well-respected and deeply... Read Story

Citizens Financial Group announced that Brendan Goode will assume the role of Chief Security Officer, effective April 29, 2024. Upon assuming the CSO role, Goode will report to Michael Ruttledge, CIO and Head of Enterprise Technology & Security. He... Read Story

Citizens Financial Group unveiled a number of changes aimed at accelerating the growth of its Wealth Management and Private Banking business to serve the entire spectrum of wealth clients, from mass affluent to ultra-high net worth and family offices... Read Story

PlainsCapital Bank recently announced that Andrew Cunningham, CFA®, CMT®, ChFC® has been named Senior Vice President, Chief Investment Officer of The Private Bank at PlainsCapital. Cunningham succeeds Richard Wyatt, who retired at the end of 2023... Read Story

CIBC announced the promotion of Brandon Barr to Asset-based Lending (ABL) Group Head. In this new role, Barr is responsible for providing strategic guidance on portfolio related matters and evaluating new business segments, in addition to managing... Read Story

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, provided the Melrose Affordable Housing Corporation (MAHC) with a 30-year, $500,000 commercial mortgage loan. The MAHC is a local... Read Story

JPMorgan Chase announced new and increased responsibilities for a number of key executives that will build upon the company’s successes and continue to position the firm for the future. Jennifer Piepszak, Co-Chief Executive Officer of Consumer and... Read Story

FTI Consulting announced the findings of its 2024 Leveraged Loan Market Survey, which offers insight into bank and non-bank lenders’ perspectives on the U.S. loan industry and highlights expectations for leveraged credit market conditions in the year... Read Story

Citi and LuminArx Capital announced the launch of Cinergy, a strategic financing vehicle in the rapidly growing private lending market. Launched by LuminArx Capital, Cinergy will offer a broad range of private credit solutions to companies, including... Read Story

First Business Bank's Accounts Receivable Financing team funded a $5 million ledgered line Factoring facility to a client operating as a carrier in the transportation sector. The facility includes an additional $5 million accordion piece for future... Read Story

First Citizens BancShares announced that Gregory L. Smith has joined the company as an executive officer and Chief Information & Operations Officer (CIOO) for BancShares and its subsidiary, First-Citizens Bank & Trust Company ("First Citizens Bank").... Read Story

First Citizens Bank's Middle Market Banking group has named April Chow and Marc Einerman as managing directors and relationship managers dedicated to supporting business growth. Chow will serve the Southern California market and will be responsible... Read Story

Peapack-Gladstone Financial and Peapack-Gladstone Bank appointed Philip Prudenti, CAMS as Vice President, Head of KYC and Client Onboarding at Peapack-Gladstone Bank. He joins the Company’s experienced team of risk and compliance professionals... Read Story

Peapack-Gladstone Financial and Peapack-Gladstone Bank announced the appointment of Rich Johnston as President, Peapack Capital, a subsidiary of the Bank, which focuses on equipment finance and leasing.  Johnson is now responsible for overseeing all... Read Story

First Business Bank added Cooper Wage to its Southeast Wisconsin office as Vice President – Commercial Banking.Wage joins First Business Bank with over 12 years of commercial banking experience. He focuses on helping privately held businesses within... Read Story

Bank of America has named Naveed Shujaat President of Bank of America Central Florida. He succeeds Steve Alch, who has decided to step away from the role after nearly a decade to focus on his leadership position as Merrill Southeast Division... Read Story

KeyCorp announced that Darrin Benhart, Deputy Chief Risk Officer, has been named the bank's Chief Risk Officer, effective January 1, 2024. Benhart  succeeds Mark Midkiff, whose long-planned retirement was announced in November and who will remain at... Read Story

Mitsubishi HC Capital America announced that Anand Rao has joined the company as Managing Director, Private Credit for the Structured Finance division.With more than 20 years’ experience in leveraged finance, distressed investments and restructurings... Read Story

The asset-based lending market held steady in the third quarter amid positive developments in the U.S. economy such as easing inflation, strong consumer spending and a solid job market, according to data released by the Secured Finance Network... Read Story

Barclays has appointed Ryan Voegeli as Head of Investment Banking for Canada. Voegeli will be based in Toronto.Voegeli has twenty years of investment banking experience, and joins Barclays from CIBC Capital Markets where he was Head of Global... Read Story

Western Alliance Bank announced Lynne Biggio Herndon has been appointed as the bank’s new Chief Credit Officer."We are excited to welcome Lynne to the Western Alliance team," said Ken Vecchione, President and Chief Executive Officer of Western... Read Story

Joseph R. Williams, President and CEO of County National Bank (CNB) in Michigan, announced the recent additions of Matt Chrome as Vice President – Chief Credit Officer and Rachel Garrett as Branch Manager of its Horton Road office in Jackson.Chrome... Read Story

BCB Bancorp, the holding company for BCB Community Bank, announced Michael A. Shriner has been named President and Chief Executive Officer of BCB Bancorp and BCB Community Bank, effective Jan. 1, 2024. Retiring President and Chief Executive Officer... Read Story

First Business Bank was selected as Winner in the category of Business Bank in the IB Executive Choice Awards.The IB Executive Choice Awards honor local business excellence in 38 business categories. Winners and finalists are selected by members of... Read Story

1st Capital Bancorp, holding company and parent company of 1st Capital Bank, appointed Joel Keller to Executive Vice President and Chief Financial Officer.Chief Executive Officer Samuel Jimenez announced today that Joel Keller has been named... Read Story

PlainsCapital Bank announced that Larry Smith has joined The Private Bank at PlainsCapital as Senior Vice President and Senior Portfolio Manager. “We are pleased to welcome Larry to The Private Bank and believe his expertise will greatly benefit our... Read Story

Provident Financial Services, the parent company of Provident Bank, and Lakeland Bancorp, the parent company of Lakeland Bank, announced the two companies have agreed to extend their merger agreement to March 31, 2024, to provide additional time to... Read Story

Fulton Financial Corporation has named Angela Snyder President of Fulton and Fulton Bank and a director of Fulton Bank, effective Jan. 1, 2024.“Angela is an incredible asset to our organization,” said Fulton Chairman and CEO Curt Myers. “She has... Read Story

Fifth Third Bancorp announced the following executive leadership changes that will take effect January 2, 2024.The Board of Directors voted to appoint Tim Spence chairman of the board. Spence succeeds Nick Akins, who has been elected lead independent... Read Story

First Citizens Bank announced that its Equipment Finance business has named Joy Shanks as senior vice president and head of business development dedicated to supporting and growing equipment finance vendor acquisition business. Shanks will be... Read Story

Wells Fargo announced that Frederick O. Terrell will join the Corporate & Investment Bank (CIB) as vice chairman of Investment Banking on January 2, 2024. He will serve as a member of CIB’s senior leadership team delivering strategic and... Read Story

BMO, a leading lending-partner to U.S. wineries, has formed the U.S. Wine Industry Partnership in collaboration with business intelligence firm WineBusiness and bw166, a top market research firm focused on the wine industry. The U.S. Wine Industry... Read Story

A notable increase in concerns over risk management and regulatory compliance issues headlines key challenges facing U.S. banks, credit unions and other lenders, according to the results of the 2023 Regulatory & Risk Management Indicator survey... Read Story

TD Bank Group announced changes to its Senior Executive Team, that reflect the strength of the Bank's leadership bench.Ray Chun becomes Group Head, Canadian Personal Banking, effective immediately. Most recently, Chun served as Group Head, Wealth... Read Story

Wells Fargo named Darlene Goins as head of Philanthropy and Community Impact and President of the Wells Fargo Foundation. She will be responsible for the company’s philanthropic strategy in housing access and affordability, financial health, small... Read Story

USCB Financial Holdings, Inc., the holding company for U.S. Century Bank, announced William “Bill” Turner, a bank executive with more than 35 years of credit experience, has been named the Bank’s new Executive Vice President and Chief Credit Officer.... Read Story

Carrie Goldfeder, a seasoned credit executive with over 25 years of credit and corporate finance experience across all facets of loan production, credit performance and portfolio management, has joined Old National Bank, the wholly-owned banking... Read Story

First Citizens Bank announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management LLC, served as administrative agent on a $75 million revolving credit facility for Stella & Chewy's. Headquartered in Oak Creek... Read Story

Mitsubishi UFJ Financial Group (MUFG) announced Geoff Paul has joined the bank as Managing Director and Head of Equity Capital.In this newly created role, Paul will be responsible for developing MUFG's Equity Private Placements (EPP) business... Read Story

Wells Fargo announced that Clay Hale has joined the Corporate & Investment Bank (CIB) as co-head of Equity Capital Markets (ECM) within the Banking division. He will co-lead the ECM team alongside Jill Ford, who joined the Company in September of... Read Story

TD Bank Group announced the significant expansion of its Global Financial Institutions ("FIG") Investment Banking coverage in the US as well as other product areas, including Equity Sales, Equity Capital Markets, Debt Capital Markets, and Equity... Read Story

First Citizens Bank's Middle Market Banking business has named Nathan Pusey as managing director and Northeast market executive and John Tyson as managing director and relationship manager. Both will be based in Boston to support the expansion of... Read Story

Following the announcement of Kenneth Kaestner’s appointment to Lakeland’s Asset Based Lending team in October, the Bank is proud to announce Diane Williams has also joined the team serving as Vice President, Senior Relationship Manager.Williams... Read Story

Huntington National Bank has expanded its Huntington Business Credit team with the addition of a Washington, D.C.-based group focused on asset-based lending in the healthcare industry. Huntington Business Credit provides companies with working... Read Story

Fifth Third has been named “Bank of the Year” for the U.S. 2023 by The Banker. This annual award program recognizes industry-wide excellence within the global banking community.“Congratulations to Fifth Third Bank for outshining the competition to... Read Story

First Citizens Bank's Asset-Based Lending business, part of the bank’s Commercial Finance group, served as co-collateral agent on $75 million in financing for branded consumer products company Turning Point Brands Inc.Based in Louisville, Kentucky... Read Story

Cadence Bank closed the previously disclosed sale of its insurance operations, Cadence Insurance, Inc., to Arthur J. Gallagher & Co. for $904 million in cash, subject to customary purchase price adjustments. The transaction strategically positions... Read Story

TD Bank Group announced the appointment of Alan MacGibbon as Chair of the Board of Directors, effective February 1, 2024. MacGibbon will succeed Brian Levitt, who will also retire from the Board following the Bank's annual meeting of shareholders on... Read Story

Sumitomo Mitsui Banking Corporation (SMBC), a member of SMBC Group, announced that Paul Burke has joined the firm to lead a newly created Capital Solutions Group.Based in New York, Burke will work across the SMBC Americas Division banking businesses... Read Story

Wells Fargo announced its formal plans to expand its Hudson Yards office footprint and create a better, more collaborative employee experience with the purchase of additional space at Hudson Yards. This transaction represents a significant investment... Read Story

Banc of California and PacWest Bancorp jointly announced that, at their respective special meetings of stockholders, they each received the necessary stockholder approval for the proposed combination of Banc of California and PacWest. The final... Read Story

TD Bank announced Mike Nursey has been named its North Florida Commercial Market President to support continued growth efforts in the region, which includes the greater Orlando, Tampa/St. Petersburg, Jacksonville, Gainesville, Ocala, Daytona... Read Story

First Bank, the wholly owned subsidiary of First Bancorp and the largest North Carolina headquartered community bank, announced changes to its executive leadership structure in order to more effectively execute its strategic vision. Effective... Read Story

First Financial Northwest, the holding company for First Financial Northwest Bank, announced Dalen D. Harrison was promoted to Executive Vice President and Chief Banking Officer of the Bank.The promotion is in recognition of the breadth and depth of... Read Story

Associated Bank announced the appointment of Phillip Trier as the company's Executive Vice President, Commercial Banking Group Leader. In his new role, Trier will focus on accelerating core Commercial Middle Market business development across the... Read Story

Hanover Bancorp, the bank holding company for Hanover Community Bank, announced the appointment of Joseph Burns to the position of Executive Vice President, Chief Lending Officer.In his new role, Burns will lead the Bank’s commercial banking... Read Story

Truist Financial Corporation announced continued progress in the company's transformation journey with the creation of a chief operating officer position, the naming of a new chief consumer & small business banking officer and the hiring of a new... Read Story

First Citizens Bank announced that its Middle Market Banking business has named Matthew Tollenaer as a managing director and market leader dedicated to originating and cultivating business in Atlanta and the surrounding region.Tollenaer will be... Read Story

Funding Circle announced Customers Bank is expanding its digital SMB lending capabilities through Funding Circle’s embedded Lending as a Service (LaaS) platform.The agreement allows Customers Bank to embed Funding Circle's end-to-end digital lending... Read Story

City National appointed Howard Hammond as CEO. Kelly Coffey has been named CEO, City National Entertainment. Both appointments are effective Nov. 27.Hammond brings to City National more than 30 years of financial services experience, including 15... Read Story

Farmers & Merchants Bank of Long Beach announced key changes to its executive management team and promotions to new roles, reinforcing the bank’s strategic vision and next stage of growth and development. The transition marks the culmination of F&M’s... Read Story

Associated Banc-Corp announced plans for the next phase of the company's people-led, digitally enabled strategic plan. These plans include a series of investments in people, products and technology intended to grow and remix the loan portfolio... Read Story

Small business loan approval percentages at big banks ($10 billion+ in assets) decreased again from 13.1% in September to 13% in October, according to the latest Biz2Credit Small Business Lending Index released.“Small business lending has been on a... Read Story

Versana announced that industry veterans Christine Scaffidi and Christopher Fonte have joined the company as Head of Product and Head of Sales, respectively, reporting directly to Cynthia Sachs, Founding CEO. Each brings decades of valuable banking... Read Story

Western Alliance Bank announced that Craig Hirson has been appointed as the organization’s Commercial Banking Market Executive for Greater Los Angeles and Orange County.“Craig’s expertise in the greater Los Angeles and Orange County markets will... Read Story

Valley National Bank hired Robert Danziger, a 30-year corporate finance veteran, as Managing Director, First Senior Vice President, and Head of the Bank’s Syndicated Finance business. Based both in New York and at Valley’s headquarters in Morristown... Read Story

PNC Bank announced Kate Kelly will retire from PNC as Regional President for the Twin Cities region Dec. 15. Succeeding Kelly is Kelly McQueen, an experienced banking executive. McQueen will be a dual role leader as the bank’s Twin Cities Regional... Read Story

Mitsubishi HC Capital America announced it is expanding its franchise solutions to leverage new growth opportunities. The company is extending its reach into brick-and-mortar franchises in the health and wellness, recovery, and sports performance... Read Story

KeyBanc Capital Markets ("KBCM"), the corporate and investment banking arm of KeyCorp, announced the appointment of Ben Rechkemmer to head of Native American Financial Services (NASF). Rechkemmer is based in Michigan and will report to Mike Jackson... Read Story

Horizon Bank announced the formation of a new equipment finance division to be led by Joel Mikolich as the division President. The new division will provide business equipment financing solutions to small and medium sized businesses nationwide, while... Read Story

Wells Fargo announced that its Vice Chairman, Thomas R. Nides, has decided to leave the company to return his attention to events in the Middle East. Nides joined the company in September after retiring in July as U.S. Ambassador to Israel, a post he... Read Story

Old National Bancorp and CapStar Financial Holdings, Inc. jointly announced they have entered into a definitive merger agreement for Old National to acquire CapStar in an all-stock transaction. Combining the two organizations will strengthen Old... Read Story

River City Bank's President and CEO Steve Fleming announced the restructure of the bank's risk management department, which will be implemented Nov. 1, 2023. The reorganization will create a completely independent internal audit department... Read Story

The Board of Directors of Morgan Stanley announced that Co-President Edward (Ted) Pick will become the Firm’s Chief Executive Officer, effective January 1, 2024. James Gorman will become Executive Chairman. Mr. Pick will also join Morgan Stanley’s... Read Story

Regions Financial announced that, following a 34-year career in the financial services industry, Ward Cheatham will retire as head of Corporate Specialized Banking and a member of Regions’ Executive Leadership Team at the end of 2023. Regions’... Read Story

Merchants Financial Group announced year-to-date net income through the third quarter of $20.1 million according to MFGI President & CEO Gregory M. Evans.As a result of continued strong performance, the MFGI Board of Directors authorized a semiannual... Read Story

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $6 billion in assets, announced the appointment of Michael Richardson to the role of Vice President, Relationship Manager, on the Asset-Based... Read Story

Western Alliance Bank announced Dillan Knudson has been appointed as the organization’s Head of Commercial Banking for Arizona.“Dillan brings outstanding depth and breadth of experience in the region to this role,” said Ken Vecchione, President and... Read Story

Cadence Bank entered into a definitive agreement to sell its insurance operations, Cadence Insurance, Inc., to Arthur J. Gallagher & Co. for $904 million in cash1. Key Highlights: Sale of Cadence Insurance, Inc., the second largest bank-affiliated... Read Story

First Internet Bank announced that Joseph Reynolds has joined the organization as Vice President, Senior Business Development Officer. His broad-based financial services background further enhances the experience and expertise of the Bank’s Small... Read Story

Santander Bank recently unified its commercial & industrial business and its commercial real estate & vehicle financing business into one Commercial Bank in the United States under the leadership of Michael Lee. Lee joined Santander in 2009, and most... Read Story

Citizens Financial Group announced the national launch of Citizens Private Bank, a significant milestone in Citizens’ long-term strategy to accelerate growth in Wealth Management, improve capabilities in the high-net-worth segment and expand in key... Read Story

Banc of California and PacWest Bancorp announced that the Board of Governors of the Federal Reserve System granted its approval of the previously announced combination of Banc of California and PacWest and their respective bank subsidiaries, Banc of... Read Story

Citizens announced the appointment of Mark Valentino as Head of Business Banking and Witt Nicholson as Head of Consumer Strategy.Valentino, who will be based in Massachusetts, is rejoining Citizens from LA Downtown Medical Center, a three-campus... Read Story

Natixis Corporate & Investment Banking announced the appointment of Bhaswar (Joy) Chatterjee as Global Head of Real Assets and Global Trade Syndicate.In his new role, Chatterjee will have a particular focus on loan distribution for Infrastructure &... Read Story

Laurentian Bank announced new appointments and expanded mandates for its leadership team to deliver on the Bank's renewed focus to be closer and more accountable to its customers. These appointments are also the outcome of the Bank's formal... Read Story

LINKBANCORP, parent company of LINKBANK, and Partners Bancorp ("Partners"), a financial services company with two wholly-owned operating subsidiaries, The Bank of Delmarva and Virginia Partners Bank, announced receipt of required regulatory approvals... Read Story

TD Bank announced Jill Gateman as Head of Middle Market Products & Services within TD's Commercial Bank.Gateman will lead TD's Commercial Bank Middle Market growth strategy, focusing on deepening market penetration in TD's existing markets while... Read Story

Meridian Bank announced the retirement of Joseph Cafarchio, Chief Credit Officer, effective October 13, 2023. Cafarchio has served in the position since Meridian’s inception in 2004.Prior to joining Meridian, Carfachio had a long career in the... Read Story

The biggest US banks are poised to write off more bad loans than they have since the early days of the pandemic as higher-for-longer interest rates and a potential economic downturn are putting borrowers in a bind, according to a Bloomberg report.... Read Story

BMO Financial Group announced the upcoming retirement of its Chief Executive Officer & Group Head, Capital Markets, Dan Barclay, and the appointment of Alan Tannenbaum into the role. After a 32-year investment banking career, Barclay will transition... Read Story

Small business loan approval percentages at big banks ($10 billion+ in assets) fell again, dropping from 13.2% in August to 13.1% in September, according to the latest Biz2Credit Small Business Lending Index released today. Big bank lending to small... Read Story

Citi as agreed to sell its onshore consumer wealth portfolio in China, including clients, assets under management (AUM) and deposits to HSBC Bank China.  HSBC plans to extend offers to in-scope employees supporting Citi's local consumer wealth... Read Story

Green Dot Corporation, a leading digital bank and fintech committed to powering consumers and businesses with seamless and affordable banking and payment tools, appointed Michelleta (“Mich”) Razon to its Board of Directors, effective immediately.“Ms.... Read Story

As South Florida’s banking landscape sees heightened demand amidst an influx of businesses, residents, and capital, Banesco USA, a community bank with over $3.57 billion in assets, is enhancing its commercial and industrial (“C&I”) and residential... Read Story

Mitsubishi UFJ Financial Group announced the hiring of three seasoned relationship professionals within its Growth & Middle Market Technology team, aimed at bolstering the bank's continued expansion into the pre-IPO growth and middle-market public... Read Story

U.S. Bank has named Ariel Meyerstein as the head of its Environmental, Social and Governance (ESG) Program Office.In this role, Meyerstein will be responsible for ESG strategy development, program management, enablement, stakeholder engagement and... Read Story

TAB Bank announces Austin Strong, has been promoted to Chief Strategy Officer (CSO). Strong will enhance and execute TAB Bank’s strategic vision, identify promising growth and investment opportunities, and collaborate with fintech partners to further... Read Story

PNC Bank has acquired a portfolio of capital commitments facilities from Signature Bridge Bank through an agreement with the Federal Deposit Insurance Corporation ("FDIC") as Receiver. The transaction closed Oct. 2, 2023. The FDIC established... Read Story

First Citizens Bank is extending its brand to cover numerous commercial business verticals that previously fell under First Citizens' CIT division. This effort represents another major step towards First Citizens fully integrating CIT since its 2022... Read Story

Bank of America named Tyrone Noel as President of Bank of America Hampton Roads. As President, Noel will be head of the market and responsible for connecting clients, teammates and communities to the full power of the franchise, driving integration... Read Story

Manufacturers Bank, a subsidiary of SMBC Americas Holdings, Inc., a member of SMBC Group, announced that it will be changing its name to SMBC MANUBANK as it expands into new markets and industries, and highlighting its decades-long affiliation with... Read Story

WSFS Financial Corporation announced its Global Capital Markets team’s expansion into the Collateralized Loan Obligations (CLO) market. To support this expansion, the Company is adding new team members with expertise in CLOs."We are excited to expand... Read Story

Natixis Corporate & Investment Banking (Natixis CIB) announced the hiring of Asif Khan as Managing Director, Head of Structured Credit Capital Markets within the Global Markets Americas team. He will report to Emmanuel Issanchou, Head of Global... Read Story

TriState Capital Bank announced that Scott Gundersen has joined the company as senior vice president, relationship manager of Private Banking. In this role, Gundersen is responsible for managing relationships and driving new business opportunities... Read Story

MUFG announced leadership changes within its Asset-Based Finance team, all effective September 19th, designed to align the team to better support its overall ABF growth strategy in the Americas. Leadership team members will be based in three key... Read Story

WSFS Bank, the primary subsidiary of WSFS Financial Corporation announced the hires of Alyson Beasley Bradley as Senior Vice President, Chief Auditor; Jeffrey Goodman as Senior Vice President, General Counsel; and Frank McGrane as Senior Vice... Read Story

Wells Fargo announced that Thomas R. Nides will join the company in October as Vice Chairman, reporting to CEO Charlie Scharf and joining the company’s Operating Committee.As Vice Chairman, Tom will have a broad role across the company. He will be a... Read Story

Texas Capital Bancshares, the parent company of Texas Capital, has appointed Amos McDonald as head of Business Banking, effective immediately. McDonald is based in The Woodlands, Texas, and is responsible for setting and driving production goals... Read Story

Regions Financial Corp. announced Chief Risk Officer Matt Lusco will retire at the end of 2023 following a nearly 45-year career in risk, finance, auditing, and accounting roles. Russell Zusi has been named to succeed Lusco effective Jan. 2... Read Story

Standard Chartered Americas entered a trade finance partnership with Truist Bank that will enhance Truist clients’ ability to conduct global business.Through this strategic partnership, Truist Bank and Standard Chartered aim to create a seamless and... Read Story

U.S. Bank announced that strategy and marketing executive Kai Sakstrup has been named chief product officer for its Wealth, Corporate, Commercial and Institutional Banking (WCIB) division. Beginning Oct. 1, Sakstrup will lead a cross-functional team... Read Story

Dave, one of the nation’s leading neobanks, amended its existing Delayed Draw Senior Secured Loan Facility with Victory Park Capital Advisors (“VPC”), effective September 13, 2023.The amendment to the Credit Facility accomplishes the... Read Story

Cambridge Bancorp, the parent company of Cambridge Trust Company, and Eastern Bankshares, Inc., the stock holding company for Eastern Bank, announced they have entered into a definitive merger agreement pursuant to which Cambridge will merge with and... Read Story

Citizens Financial Group announced a $50 billion Sustainable Finance Target including $5 billion in green financing, by 2030. The company also announced that it will engage corporate clients in high-emitting sectors on climate-related topics. To... Read Story

Barclays announced the appointment of Christian Oberle as Head of Americas Financial Sponsors Group. Mr. Oberle will be based in New York and report to Jean-Francois Astier, Global Head of Financial Sponsors Group. Mr. Oberle has close to 20 years of... Read Story

Peapack-Gladstone Financial Corporation and Peapack Private, a division of Peapack-Gladstone Bank, announced the appointment of Klaudio Nikolla, Senior Managing Director, Commercial Private Banker. Nikolla joins a team of commercial and industrial... Read Story

Stearns Bank has acquired a majority stake in Contract Capital Corporation (CCC). CCC provides specialized financing services to Managed Service Providers (MSPs). In addition to Stearns Bank acquiring a majority interest in CCC, Stearns Bank is... Read Story

Texas Capital Bancshares, the parent company of Texas Capital Bank and Texas Capital Securities, announced key leadership appointments and enhanced capabilities as part of its Corporate & Investment Bank offerings for the energy sector. Texas Capital... Read Story

U.S. Bank announced a new cross-business initiative to serve healthcare practices with up to $25 million in annual revenue. Newly appointed Head of Healthcare Business Banking Joe Persichetti will lead this effort, working with teams across banking... Read Story

First Business Bank added Luke Joyner to its Asset-Based Lending team as Vice President – Asset-Based Lending.Joyner brings more than 10 years of experience in finance and Asset-Based Lending to First Business Bank. He began his career at CIT... Read Story

Citi announced significant changes to its organizational model that will fully align its management structure with its business strategy and simplify the bank. The new, flatter structure elevates the leaders of Citi’s five businesses and eliminates... Read Story

Regions Bank announced Anna Brackin has been appointed to serve as Chief Compliance Officer overseeing the company’s compliance risk management program. In addition, Gary Walton joined the bank as Business Unit Chief Risk Officer for Regions’... Read Story

Wells Fargo Commercial Banking announced that Bobby Bans will lead Middle Market Asset-Based Lending (ABL) origination for the West region, which is part of the bank’s secured lending and leasing businesses. The Middle Market ABL originations team is... Read Story

On Sept. 6, 2023, United States District Judge Eldon E. Fallon sentenced Ashton J. Ryan, Jr., age 75, of Kenner, LA, to a term of imprisonment of 170 months following Ryans convictions for bank fraud and making false statements in bank records... Read Story

JPMorgan Chase announced Matt Sable will become the Chief Financial Officer for Commercial Banking. He’s based in New York and will report to Doug Petno, CEO of Commercial Banking, and Jeremy Barnum, CFO for JPMorgan Chase. In this role, Matt and his... Read Story

First Horizon Corp. earned its place on the Forbes list of Best-in-State Employers 2023. This recognition is presented by Forbes and Statista Inc.America's Best-in-State Employers 2023 were identified based on 2.1 million employer recommendations... Read Story

CIBC added Ron Kerdasha, a business development officer with over 30 yeasrs of industry experience, as a new business development officer to its Asset-Based Lending team, furthering their commitment to serving middle market clients across the US. In... Read Story

Shruti Patel has joined U.S. Bank as chief product officer for the business banking segment. In this key leadership role within the Consumer and Business Banking group, she will be responsible for delivering an integrated product strategy that... Read Story

Peapack-Gladstone Financial Corporation and Peapack Private, a division of Peapack-Gladstone Bank, announced that James T. Foti has joined a team of commercial bankers that have recently been hired by Peapack Private to build the Company’s presence... Read Story

Wells Fargo announced that Jill Ford has joined the Corporate & Investment Bank (CIB) as head of Equity Capital Markets. She reports to Tim O’Hara, head of Banking, and is based in New York.“Jill is a proven leader in equity capital markets and an... Read Story

Scotiabank announced Barb Mason, Group Head and Chief Human Resources Officer (CHRO), has announced her intention to retire from Scotiabank at the end of 2023, after a 41-year career with the bank."On behalf of all Scotiabankers, I would like to... Read Story

PB Financial Corporation, the holding company for Providence Bank, and Coastal Bank & Trust jointly announce the signing of a definitive strategic merger agreement. In the 75 percent stock and 25 percent cash transaction, Coastal will merge into... Read Story

Bluevine announced expanded FDIC insurance coverage of up to $3 million through Coastal Community Bank, Member FDIC, and program banks in a sweep network, automatically offering Bluevine account holders coverage of up to 12x the industry standard of... Read Story

First Horizon Corp. announced the opening of its First Horizon St. Simons Island banking center. This marks the newest addition to First Horizon's footprint, located in St. Simons Island, GA. The week-long grand opening festivities received an... Read Story

Peapack-Gladstone Financial Corporation and Peapack Private, a division of Peapack-Gladstone Bank, announced the appointment of James McKenna as Senior Managing Director, Commercial Private Banker. As the Bank expands its footprint into New York City... Read Story

First Western Financial,  the holding company for First Western Trust, announced the following executive promotions effective October 1, 2023: Julie Courkamp, Chief Financial Officer and Chief Operating Officer of the company, has been promoted to... Read Story

Capital Bank, a commercial bank in the DC Metro Region, announced the creation of its new Lender Finance Group. This addition is an opportunity to provide enhanced term loan and credit facilities opportunities across a variety of sectors and asset... Read Story

Western Alliance Bank announced Julian Parra has been appointed as the organization’s Head of Commercial and Industrial Banking for California."Julian's appointment will bring a dedicated focus to the Commercial and Industrial market for Western... Read Story

First Horizon Corp. named Hunter Hill as Regional President of the First Horizon Bank's South Central region, which includes Birmingham and Mobile, AL, and Atlanta, GA. As Regional President, Hill is responsible for all banking operations within the... Read Story

Peoples Bancorp announced the election of Hugh Donlon to the position of Executive Vice President, Community Banking, effective Sept. 5, and the election of Matthew Macia to the position of Executive Vice President, Chief Risk Officer. The positions... Read Story

First Interstate BancSystem appointed Lorrie L. Asker as Executive Vice President and Chief Banking Officer (“CBO”). Asker has been serving as Interim CBO since February 2023. With a 30-year track record of building strong relationships and producing... Read Story

Barclays has appointed Emma Taylor as Global Head of Internet Coverage and Carmen Chan as a Managing Director of Internet Coverage within the Technology Investment Banking business.Ms. Taylor joins Barclays with close to 20 years of experience in... Read Story

BankProv added Tricia Abood to the organization as Vice President, Business Development Officer. Abood brings a wealth of financial services knowledge and a proven track record in the industry."One of Tricia's many core strengths is her ability to... Read Story

WSFS Financial Corporation announced Arthur J. Bacci, Executive Vice President and Chief Wealth Officer of WSFS Financial Corporation, will also serve as Interim Chief Financial Officer (CFO) of WSFS. Bacci replaces Dominic C. Canuso, WSFS’ former... Read Story

HSBC announced that HSBC Innovation Banking, a business division with services provided by HSBC Bank USA and its affiliates, has expanded its venture debt offering in the U.S. to support companies from Series A through scaled multi-national... Read Story

U.S. Bank announced several updates to previously shared leadership changes that will be effective Sept. 1, 2023.“Our succession planning efforts have enabled us to move quickly and prudently to ensure continuity of leadership and service as senior... Read Story

Peapack-Gladstone Financial Corporation and Peapack Private, a division of Peapack-Gladstone Bank, announced Ling Li has joined its commercial banking team as a Senior Managing Director, Commercial Private Banker. She is responsible for providing... Read Story

FirstBank announced several leadership changes. The new appointments result from FirstBank executives either retiring or being elevated to C-level positions.Former Chief Credit Officer (CCO) Brian Ballard retired after more than 30 years with the... Read Story

Arvest Bank announced Geordie Sanborn has joined the company as General Manager of the bank's new center of excellence focused on serving the healthcare industry. The bank also announced Levi Price will serve as General Manager for the company's new... Read Story

Peapack-Gladstone Financial and Peapack-Gladstone Bank announced new employees and promotions.Alexis Bachman has been elevated to the position of Vice President, Assistant BSA/AML Officer at Peapack-Gladstone Bank. She is responsible for the... Read Story

First Citizens Bank announced that its Middle Market Banking business has named Tony Hurtado as its relationship manager dedicated to cultivating business in Orange County, California. Hurtado will be responsible for establishing and maintaining a... Read Story

PNC Bank promoted Zachary Bullock to Senior Vice President and Market Leader for Commercial Banking in Central Pennsylvania. Based in PNC’s Lancaster office, Bullock will oversee PNC’s Commercial Banking team in the market, which serves businesses... Read Story

PNC FIG Advisory, part of PNC Capital Markets announced an expansion to its client offerings through the introduction of PNC Asset Exchange, an online loan resource and marketplace for financial institutions. PNC Asset Exchange is powered by... Read Story

Peapack-Gladstone Financial Corporation and Peapack Private, a division of Peapack-Gladstone Bank, announced the appointment of Faycal Lhamidi, Senior Managing Director, Commercial Private Banker.Lhamidi joins a team of senior level commercial... Read Story

Klar, S.A. de C.V. (Klar), the Mexico City-based digital financial services platform, secured a $100 million credit facility from Victory Park Capital (“VPC”). The financial support from VPC will propel Klar during a moment of transformative growth... Read Story

Comerica Bank promoted Grant Simon to Senior Vice President - Technology and Life Sciences (TLS), Group Manager, San Francisco, effective August 11, 2023. He will report to Robert Hernandez, Group Manager, TLS – California.In his new role, Simon will... Read Story

First Horizon Corp. has been recognized by Forbes Magazine as one of America's Best Large Employers. Forbes partnered with the market research firm Statista to compile a list of America's Best Large Employers. The ranking is based on a survey of... Read Story

Expanding its commercial banking operations to provide bespoke and customized fund-level financing to alternative asset managers and the private capital industry, EverBank (temporarily doing business as TIAA Bank) announced the launch of its new Fund... Read Story

According to a Reuters report, Moody's cut credit ratings of several small to mid-sized U.S. banks on Monday and said it may downgrade some of the nation's biggest lenders, warning that the sector's credit strength will likely be tested by funding... Read Story

Wells Fargo announced that Malcolm Price has joined the Corporate & Investment Bank (CIB) as head of Financial Sponsors. He will jointly report to Tim O’Hara, head of Banking, and Scott Warrender, head of Coverage in Banking. Price joins Wells Fargo... Read Story

First Horizon Corp. announced a five-year employment agreement with Chairman, President and Chief Executive Officer D. Bryan Jordan."On behalf of the Board of Directors, I would like to say how pleased we are to secure Bryan's leadership of the... Read Story

The Huntington National Bank announced the appointment of Marcy Hingst as General Counsel. Hingst will join the bank's Executive Leadership Team and oversee all legal activities for the company.Hingst joins the bank from Bank of America, where she... Read Story

Cadence Bank announced its support for local Boys and Girls Clubs (Club) through a series of volunteering initiatives taking place from July 24, 2023 through August 4, 2023, across the Southeast. As part of the bank's commitment to community... Read Story

TIAA has completed the sale of TIAA Bank to private investors with extensive experience in financial services. The close of the transaction begins a new, independent chapter for the bank, now operating as EverBank, N.A. under a new national bank... Read Story

Heritage Bank of Commerce, a subsidiary of Heritage Commerce Corp, appointed Susan Just as Executive Vice President and Chief Credit Officer, effective September 7, 2023. She will replace the current Executive Vice President and Chief Credit Officer... Read Story

Dime Community Bancshares, Inc., the parent company of Dime Community Bank, announced Kevin M. O’Connor will step down as CEO effective Aug. 31 and that Stuart H. Lubow, the company’s current President and Chief Operating Officer, will succeed... Read Story

Pacific Valley Bank announced Steve Leen as its new Chief Financial Officer, effective Aug. 1. Leen brings an unmatched level of experience and knowledge to the team, with over 30 years in the financial industry. As CFO for two larger Bay Area... Read Story

Peapack-Gladstone Financial Corporation announced Joseph “Joe” Harpster has been named Senior Vice President and Senior Credit Officer at Peapack Private, a division of Peapack-Gladstone Bank.A veteran private banking professional, Harpster joins... Read Story

Citizens announced the appointment of Anthony Selvaggio as New York City Market Executive, Robert Milas as Long Island Market Executive and Gino Di Saverio as Northern & Central New Jersey Market Executive. In this capacity, Selvaggio, Milas and Di... Read Story

Banc of California and PacWest Bancorp announced the signing of a definitive agreement pursuant to which the companies will combine in an all-stock merger transaction. Under the terms of the agreement, which was unanimously approved by the boards of... Read Story

Atlantic Union Bankshares Corporation (Atlantic Union) and American National Bankshares Inc. (American National) jointly announced they have entered into a definitive merger agreement for Atlantic Union to acquire American National in an all-stock... Read Story

CIBC announced that Cindy Jamroziak, managing director and senior underwriter, has joined its Asset-based Lending (ABL) team.Jamroziak brings more than 30 years of industry experience to CIBC’s ABL underwriting team. She will support the ABL group’s... Read Story

Citizens Financial Group appointed Susan deTray as Head of Citizens Private Bank. In this new role, she will lead the bank’s private banking growth strategy and partner closely across the enterprise to propel growth in Wealth Management, Business... Read Story

Coastal States Bank (CSB) added four new bankers to its Atlanta region. Paul Black II, Leslie Hammond, Kelly Maxwell and Alan Patterson joined CSB's Cobb County team in July and will serve customers at CSB's Akers Mill branch.Black joins the... Read Story

New Jersey holding company Peapack-Gladstone Financial Corporation announced Christopher Tomai has joined Peapack Private, a division of Peapack-Gladstone Bank, as Senior Managing Director and Senior Relationship Manager. He is part of a team of... Read Story

UMB Financial Corporation appointed Phil Mason to the role of President, Institutional Banking. Brian Hutchin has been promoted to fill Mason’s prior role of Director of UMB Healthcare Services.As president, Institutional Banking, Mason oversees... Read Story

PNC Bank appointed Steven González Regional President for Austin. González will have direct oversight of business development, building and maintaining client relationships and leading philanthropic initiatives in support of the Austin community.... Read Story

Peapack-Gladstone Financial Corporation, Peapack-Gladstone Bank and Peapack Private, announced expansion plans with the official filing of an application to open a location in New York City. Peapack Private is actively recruiting from the Tri-State... Read Story

Citizens announced that veteran banking executive Mark Lehmann, chief executive of JMP Group, has been named as its California President to accelerate growth in a key market where the bank has recently added some of the state’s top private bankers.In... Read Story

Peoples Bancorp announced Chuck Sulerzyski, 66, has notified Peoples of his intention to retire as President and Chief Executive Officer of each of Peoples and Peoples' banking subsidiary, Peoples Bank, effective March 31, 2024. He also intends to... Read Story

Customers Bank, the $21 billion asset subsidiary of Customers Bancorp, completed the onboarding of a nearly 30-member venture banking team formerly employed by Signature Bank. Initially, this team will handle the transfer and servicing of about 150... Read Story

As a part of its ongoing commitment to the Innovation Economy (IE), J.P. Morgan announced that John China will join the firm as Co-Head of IE for Commercial Banking (CB). Based in San Francisco, China will serve alongside New York-based Melissa Smith... Read Story

Wintrust Business Credit (WBC), a subsidiary of Wintrust announced the addition of Joe Panico as Senior Vice President - Business Development, growing WBC's footprint in the Great Lakes Region, as part of the group's expansion into new strategic... Read Story

Simmons Bank announced key changes to its leadership team."The restructuring of our banking division aligns with our Better Bank Initiative by positioning us to capitalize on the opportunity to grow and diversify Commercial and Corporate Banking... Read Story

Shore Bancshares, the financial holding company of Shore United Bank (Shore United), and The Community Financial Corporation (TCFC), the bank holding company of Community Bank of the Chesapeake (CBC), announced the closing of their previously... Read Story

CIBC Innovation Banking announced that its North American team is growing, with team members joining in New York and San Francisco.Ben Shephard joins as an Executive Director and will be based in CIBC’s Innovation Banking office in New York. Mr.... Read Story

Banc of California appointed Joseph Kauder as Executive Vice President and Chief Financial Officer of the Company and the Bank, effective July 10. Kauder succeeds Executive Vice President and CFO Lynn Hopkins, who stepped down from the Company... Read Story

United Community Banks completed its merger with First Miami Bancorp effective July 1. In this transaction, First Miami’s bank subsidiary, the First National Bank of South Miami (FNBSM), was also merged into United’s bank subsidiary, United Community... Read Story

Byline Bancorp, the parent company of Byline Bank, announced it has completed its merger with Inland Bancorp and its wholly owned bank subsidiary, Inland Bank and Trust. As a result of the transaction, effective July 1, Inland Bank and Trust merged... Read Story

M&T Bank announced a slate of leadership updates in its Commercial Bank which are designed to support its ongoing evolution and commitment to providing best-in-class support to its clients and communities. These changes include the following... Read Story

U.S. Bank announced that Jimmy Whang has been named the head of its Commercial Products group, effective June 30. In this role, Whang will lead Fixed Income and Capital Markets (Capital Markets and Sponsor Finance; Credit Fixed Income; Structured... Read Story

Citizens has appointed Peter Panos as South Region Executive, succeeding Brian Peters, who is retiring. Panos, who is based in Atlanta, will report to Head of Corporate Banking Steve Woods and have responsibility for leading a team of senior bankers... Read Story

The Huntington National Bank welcomed Vijay Konduru as Executive Vice President, Chief Marketing Officer (CMO). In this role, Konduru will lead Huntington's marketing organization, overseeing the bank's marketing strategy and long-term vision. He... Read Story

Mitsubishi UFJ Financial Group announced the expansion of its Sponsor Coverage effort with the hiring of Pam Bruno as Managing Director.Bruno will be responsible for covering Private Equity Financial Sponsors for the bank. Based in New York, Bruno... Read Story

Ares Management Corporation announced that certain funds managed by its Alternative Credit strategy have completed the acquisition of a $3.5 billion specialty finance loan portfolio from PacWest Bancorp.The Portfolio consists of high quality, senior... Read Story

TIAA Bank announced it will become EverBank.The return of the EverBank name brings with it a tradition of partnership, reliability and trust, as the bank transitions to new ownership and renews its long-standing commitment to provide a financial... Read Story

Republic First Bancorp, the parent company of Republic First Bank d/b/a Republic Bank (the "Bank"), announced the appointment of Brian F. Doran, Esq., as Executive Vice President and General Counsel, effective June 20, 2023. Mr. Doran has a... Read Story

SVB Financial Group entered into a definitive purchase agreement with the management team bidder group led by Jeff Leerink, SVB Securities' Chief Executive Officer and Founder, and backed by funds managed by The Baupost Group L.L.C., for the sale of... Read Story

Cadence Bank announced the appointment of Shanna Kuzdzal as Chief Legal Officer. Kuzdzal succeeds Chuck Pignuolo, who has served as Cadence’s chief legal officer since 2014 and will retire on June 30, 2023.In her new role, Kuzdzal will provide legal... Read Story

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $6 billion in assets, appointmented Tony Macchi to the role of Senior Vice President, Digital and Products. Macchi will spearhead the bank’s ongoing... Read Story

UBS has completed the acquisition of Credit Suisse, crossing an important milestone. Credit Suisse Group AG has been merged into UBS Group AG and the combined entity will operate as a consolidated banking group.It marks the last trading day of Credit... Read Story

Representing one of the first significant real estate debt transactions in this market cycle, global real estate investment company Kennedy Wilson closed on the initial tranche of loans as part of a $5.7 billion loan portfolio acquisition from... Read Story

The Huntington National Bank announced the addition of a fund finance banking team to support its sponsor finance business within the Commercial Bank. The 10-person team will significantly boost Huntington's capabilities by providing strategically... Read Story

Five Star Bancorp and its wholly owned subsidiary, Five Star Bank has expanded into San Francisco to seize market opportunities.The Company is leveraging an existing team of proven Bay Area professionals led by DJ Kurtze, Five Star Bank’s San... Read Story

The PNC Financial Services Group announced Jenn Garbach has joined the company as Chief Marketing Officer.Previously, Garbach served as the head of Marketing Transformation & Operations at PayPal. Before joining PayPal, she spent a decade with... Read Story

First Citizens Bank announced that Marc Cadieux, a 30-year veteran of Silicon Valley Bank (SVB), has been appointed President of Silicon Valley Bank's commercial banking business. Based in the California Bay Area, Cadieux leads an SVB Commercial team... Read Story

First Citizens Bank announced Marc Heller has been promoted to the position of Vice Chairman of CIT Commercial Services, a subsidiary of First Citizens Bank, and that Michael Hudgens has been promoted to the role of CIT Commercial Services President... Read Story

CIBC announced Chris Saldana has moved into business development role for CIBCs US Asset-based Lending team.  Prior to joining CIBC as a underwriter in 2022, he served as regional executive leading Southwest originations at First Business Capital... Read Story

According a Wall Street Journal report, U.S. regulators are preparing to tighten rules for large banks, which could raise their capital requirements by 20% on average.The Wall Street Journal reported regulators are on track to propose the changes as... Read Story

River City Bank announced Anker Christensen, Executive Vice President and Chief Financial Officer of the bank, will step down effective July 3. Brian Killeen, currently the bank's Senior Vice President and Controller, has been appointed Interim Chief... Read Story

Wells Fargo announced that Barry Simmons is the new head of National Sales for Wells Fargo Advisors.In this role, Simmons will lead Wells Fargo Advisors’ sales and business development team nationally, advisor recruiting across all channels, branch... Read Story

KS Bancorp’s Board of Directors has announced leadership transitions.The Board of Directors has appointed Earl W. Worley, Jr., President and CEO of KS Bancorp, Inc., the holding company of KS Bank, Inc. Worley currently serves as President and CEO of... Read Story

WesBanco, Inc., a diversified, multi-state bank holding company, announced its affiliate, WesBanco Bank, has promoted David Klick to the role of Upper Ohio Valley (UOV) Market President and Senior Commercial Banker.In his new role, Klick will oversee... Read Story

Peoples Bancorp elected W. Glenn Hogan to the Peoples Board of Directors. He also joined the Board of Directors of Peoples' banking subsidiary, Peoples Bank. Mr. Hogan, 61, formerly served as Chairman of the Board of Directors of Limestone Bancorp... Read Story

River City Bank announced Rebecca Fabisch Miller as Executive Vice President, Commercial Banking Director. In this role, Fabisch Miller will focus on providing services to the bank's middle-market commercial clients. She will lead the bank's... Read Story

Northern Trust has appointed Patrick Cowan Chief Banking Officer for the West Region, where he will lead the strategic direction and execution of the banking business to accelerate growth in the region.Most recently, Cowan was the Chief Banking... Read Story

Fifth Third Bank announced Stephanie Green as South Florida region president. As region president, Green is responsible for the growth and strategic direction of the Bank’s commercial, wealth and asset management, business banking and treasury... Read Story

Valley Bank, a regional bank with operations along key East Coast markets and California, is expanding its Chicago office with the hiring of Matthew Weidle as First Senior Vice President and Midwest Regional President.In this new role, Weidle will... Read Story

Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank appointed John P. O’Gorman as Senior Vice President, Head of Special Assets at Peapack-Gladstone Bank.  Working out of the Bank’s Headquarters in Bedminster, New Jersey, O’Gorman’s... Read Story

Mid Penn Bancorp announced its acquisition of Brunswick Bancorp was completed. In connection with the holding company merger, Brunswick’s banking subsidiary, Brunswick Bank &Trust Company, has been merged with and into Mid Penn’s subsidiary bank, Mid... Read Story

Comerica Bank announced Jenae Anderson has been named its first Colorado Market President. She previously served as Comerica's Head of Commercial Banking in this footprint, responsible for overseeing commercial lending and community engagement, which... Read Story

Cadence Bank appointed Jerrell Moore as the company’s new executive vice president and chief diversity officer.“Jerrell brings extensive experience in building inclusive cultures and is a well-respected thought leader on issues of diversity, equity... Read Story

Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank appointed Vincent J. Mutarelli as Senior Managing Director, Commercial Private Banker at Peapack-Gladstone Bank. Mutarelli is responsible for growing a portfolio of commercial clients... Read Story

Berkshire Bank, a leading, socially responsible community bank with financial centers in New England and New York, announced that Greg Saint John, an experienced credit officer and banking industry veteran, was promoted to senior vice president... Read Story

First Internet Bank announced that Charles Wheaton has joined the organization as Vice President, Senior Business Development Officer. With his vast experience in all facets of corporate lending, their newest member further strengthens the Bank’s... Read Story

Premier Bank promoted John Houpt to Executive Vice President, Chief Credit Officer.Houpt joined Premier Bank in April 2022 as Deputy Chief Credit Officer where he was responsible for credit underwriting, approval and portfolio administration. In his... Read Story

BankUnited announced the hiring of three financial executives to form a new corporate banking team serving the New York Metropolitan area.“We are excited to welcome Matt, Dan and Laura to the BankUnited family,” said Thomas M. Cornish, BankUnited... Read Story

Nicolas “Nick” Goehring joined Associated Bank as Senior Vice President and Portfolio Manager Lead, Corporate Banking. He is responsible for the administration and risk management of client relationships, as well as the credit risk and quality of the... Read Story

Wells Fargo announced that Jeff Hogan has joined the Corporate & Investment Bank (CIB) as co-head of Global Mergers & Acquisitions (M&A) within the Banking division. He will co-lead the M&A team with David DeNunzio, who has led the business since he... Read Story

The April 2023 Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) addressed changes in the standards and terms on, and demand for, bank loans to businesses and households over the past three months, which generally correspond to the... Read Story

The Board of Directors of Renasant Corporation announced that Kevin D. Chapman has been elected President of the Company and Renasant Bank (the “Bank”). Chapman will retain his current title of Chief Operating Officer. It was also announced that C.... Read Story

Oxford Bank Corporation, the holding company for Oxford Bank, awarded small business grants to four local businesses in Michigan through the Federal Home Loan Bank of Indianapolis Elevate Grant program. Elevate is an innovative grant program that... Read Story

TD Bank Group and First Horizon Corporation have entered into a mutual agreement to terminate their previously announced merger agreement, originally announced on February 28, 2022. TD informed First Horizon that TD does not have a timetable for... Read Story

In light of recent reporting regarding strategic actions, PacWest Bancorp issued the following update:Our message remains consistent with what was conveyed last week with earnings. As previously announced, the Company has explored strategic asset... Read Story

Citizens Financial Group announced that Brendan Coughlin, Head of Consumer Banking, and Beth Johnson, Chief Experience Officer and Head of ESG, have been named Vice Chairmen. They join Don McCree, Head of Commercial Banking, and John Woods, Chief... Read Story

JPMorgan Chase acquired the substantial majority of assets and assumed the deposits and certain other liabilities of First Republic Bank from the Federal Deposit Insurance Corporation (FDIC). In carrying out this transaction, JPMorgan Chase is... Read Story

Federal Deposit Insurance Corporation (FDIC) Chief Risk Officer Marshall Gentry released FDIC’s Supervision of Signature Bank, an internal review evaluating the agency’s supervision of Signature Bank, New York, New York, from 2017 until its failure... Read Story

U.S. Bank is introducing a new Business Diversity Lending Program that will expand the ability of diverse business owners to obtain capital, building upon the bank’s broader efforts to support under-represented businesses and help address the wealth... Read Story

Bank OZK announced John Carter has returned as Chief Credit Officer. In this capacity, he will be responsible for oversight of the bank’s credit, loan operations, special assets and mortgage lending functions. In addition, Carter will participate in... Read Story

Bloomberg reported PacWest Bancorp is exploring a sale of its lender finance arm, according to people familiar with the matter. The California-based bank is working with a financial adviser to solicit interest in the business, said the people, who... Read Story

BMO announced the appointment of Darrel Hackett as U.S. Chief Executive Officer of BMO Financial Group, President & CEO of BMO Harris Bank N.A., and CEO of BMO's U.S. holding company, BMO Financial Corp. (BFC). Mr. Hackett will report to Chief... Read Story

Mitsubishi UFJ Financial Group (MUFG) announced the hiring of five senior executives, and a total of at least 20 new team members, to significantly expand the capabilities of its Technology, Media and Telecom (TMT) Banking group to support the... Read Story

The Federal Reserve Board announced its approval for UBS Group AG, of Zürich, Switzerland, to acquire the U.S. subsidiaries of Credit Suisse Group AG, of Zürich, Switzerland.The application was submitted in connection with UBS Group AG's... Read Story

MC Bank hired Steve Bergeron as Chief Credit Officer. Bergeron has been in the banking industry since 1980. He previously worked at Hancock Whitney and Regions Bank. For the last 12 months, Bergeron has been working in a consulting role with M C Bank... Read Story

Wells Fargo announced that Mary Mack will retire from the company this summer and Saul Van Beurden, head of Technology at Wells Fargo, will succeed Mack as CEO of Consumer & Small Business Banking (CSBB), effective May 15. Van Beurden will continue... Read Story

U.S. Bank announced several changes to its executive leadership team to succeed two leaders who are leaving the company this summer.“We are proud of our longstanding history of attracting, developing and supporting talented leaders who position us... Read Story

Citizens Financial Group, Inc. announced Richard Stein will assume the role of Chief Risk Officer upon the retirement of Malcolm Griggs in the first quarter of 2024. Upon assuming the CRO role, Stein will report to Bruce Van Saun, Chairman and CEO... Read Story

Texas Capital Bancshares, the parent company of Texas Capital Bank, announced David A. Youngberg Jr. has joined the firm as Managing Director and Chief Credit Officer.Youngberg brings more than two decades of credit risk and enterprise risk... Read Story

Wells Fargo Corporate & Investment Bank (CIB), announced that Rachel Goldin Jinich will lead Specialty Real Estate Finance (SREF) within its Commercial Real Estate (CRE) group and oversee all SREF teams, including Hospitality Finance, Seniors Housing... Read Story

First Business Bank added Ed Sloane as Consultant to its Bank Consulting team after retiring March 31 from the role he held for over seven years as Chief Financial Officer of First Business Financial Services, Inc., parent company of First Business... Read Story

Bloomberg reported U.S. bank lending contracted significantly in the last two weeks of March, indicating a tightening of credit conditions. According to the Bloomberg report, commercial bank lending declined nearly $105 billion in the two weeks ended... Read Story

Regions Bank announced veteran commercial banking leader Mark Evans will serve as the company’s first market executive focused exclusively on San Antonio and surrounding areas as Regions builds on its Texas presence yet again.Regions is one of the... Read Story

Huntington National Bank selected Christian Corts as its new director, overseeing its regional banking teams across Huntington's 11-state footprint. Most recently, Corts served as the North Texas regional president at Truist Financial Corporation.In... Read Story

Bank economists expect credit conditions to weaken over the next six months as economic growth slows and interest rates trend higher, according to the American Bankers Association’s latest Credit Conditions Index released today.The latest summary of... Read Story

Webster Bank announced two members of its executive management team have been promoted.Luis Massiani has been promoted to Senior Executive Vice President and appointed President of Webster Bank. He continues in his role as Chief Operating Officer, a... Read Story

BankUnited is expanding its Florida corporate banking division with the addition of three bankers who will help serve the bank’s growing portfolio of middle-market and large corporate companies doing business throughout the region. “We are excited to... Read Story

First Business Bank has added Jerry Huynh as Managing Director - SBA Lending.With nearly 30 years of experience in helping businesses accomplish their goals through commercial and SBA Lending, Huynh brings extensive knowledge and significant... Read Story

Bank of America has named Scott Vanderpool as President of Bank of America Phoenix. The company also announced that widely known business leader Benito Almanza plans to retire April 6 after 45 years of service with the company and 22 years as Phoenix... Read Story

Patriot National Bancorp., the parent company of Patriot Bank, announced the promotion of David Lowery to become President and CEO of the Bank, succeeding Robert Russell.Effective after a transitionary period through late April 2023, Russell will be... Read Story

Regions Bank announced the launch of its International Subsidiaries Banking Group, a dedicated team focused on delivering financial insights and customized banking services to subsidiaries of international corporations operating in the United... Read Story

Versana announced the addition of four new leading banks – Deutsche Bank, Morgan Stanley, U.S. Bancorp and Wells Fargo – as investors in its industry backed, digital data and technology platform transforming the $5 trillion syndicated loan market.... Read Story

J.P. Morgan Private Capital appointed Alex Bell as a Partner of its Sustainable Growth Equity (SGE) platform, bringing close to two decades of private equity experience with a focus on energy and climate technology. Based in New York, Bell will... Read Story

First-Citizens Bank & Trust Company, a subsidiary of Raleigh-headquartered First Citizens BancShares, Inc. entered into an agreement with the Federal Deposit Insurance Corporation (FDIC) to purchase out of FDIC receivership substantially all loans... Read Story

FinWise Bank, a subsidiary of FinWise Bancorp, announced that the Board of Directors approved the promotion of Chief Credit and Chief Strategy Officer, James Noone to succeed President Kent Landvatter effective immediately. Mr. Landvatter will remain... Read Story

Stifel Financial Corp. announced a significant expansion of its business serving growth companies in the venture community through the addition of three key partners formerly with Silicon Valley Bank, (“SVB”). Jake Moseley, Matt Trotter, and Ted... Read Story

Barclays appointed John J. Erdmann as Chief Financial Officer for Barclays US Consumer Bank and Barclays Bank Delaware (BBDE). Erdmann will oversee the bank’s consumer financial operations in the United States, including financial reporting, planning... Read Story

WSFS Bank, the primary subsidiary of WSFS Financial Corporation announced that the following 13 Associates from across the organization have been appointed to Senior Vice President (SVP) positions: Brian Adelson – SVP, Director of Technology... Read Story

SVB Financial Group filed a voluntary petition for a court-supervised reorganization under Chapter 11 in the United States Bankruptcy Court for the Southern District of New York to preserve value.SVB Securities and SVB Capital's funds and general... Read Story

UBS announced it plans to acquire Credit Suisse. The combination is expected to create a business with more than $5 trillion in total invested assets and sustainable value opportunities. It will further strengthen UBS’s position as the leading... Read Story

New York Community Bancorp, Inc. announced its bank subsidiary, Flagstar Bank, N.A. (the "Bank") has acquired certain assets and assumed certain liabilities of Signature Bridge Bank ("Signature") from the Federal Deposit Insurance Corporation (the... Read Story

Peter Malmstrom has joined Associated Bank as Senior Vice President & Regional Senior Credit Officer, Corporate Banking. He is responsible for approval and concurrence duties for the bank’s commercial lending groups.Malmstrom brings more than 20... Read Story

Bank of America, Citigroup, JPMorgan Chase and Wells Fargo announced they are each making a $5 billion uninsured deposit into First Republic Bank. Goldman Sachs and Morgan Stanley are each making an uninsured deposit of $2.5 billion, and BNY-Mellon... Read Story

While the recent and sudden deterioration of several U.S. banks has been most impactful to the depositors, shareholders and lenders to these institutions, non-bank financial institutions, insurance companies and funds have experienced a variety of... Read Story

Oxford Bank Corporation, the holding company for Oxford Bank, announced the appointment of two executive leaders, Michael ("Mick") Goik, President, Oxford Commercial Finance and Matthew Lowman, Oxford Bank Executive Vice President, and Chief Risk... Read Story

Bloomberg reported that Moody’s Investors Service placed First Republic Bank and five additional U.S. lenders on review for downgrade following the collapse of Silicon Valley Bank.According to the Bloomberg report, Western Alliance Bancorp., Intrust... Read Story

First Citizens Bank announced that its Middle Market Banking group is expanding yet again – this time to better support the financial needs and goals of midsize businesses in the Midwest and South Central U.S. First Citizens Middle Market Banking has... Read Story

Signature Bank, New York, NY, was closed on March 12th by the New York State Department of Financial Services, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect depositors, the FDIC transferred all the deposits... Read Story

Truist Financial Corporation announced that John Gregg will retire, and that Tom Hackett has been named chairman and chief executive officer of Truist Securities, Truist's full-service corporate and investment bank, effective March 31.Based in... Read Story

Cornerstone Bank promoted five employees to senior leadership positions: Douglas Schmeling is now Senior Vice President, Chief Credit Officer. Thomas Moschos is now Senior Vice President, Commercial Lender. Jessica Johnson is now Vice President... Read Story

TD Bank Group (TD) announced the following appointments to reflect the expanded mandates of two Senior Executive Team (SET) members.Barbara Hooper will become Group Head, Canadian Business Banking, TD Bank Group, effective May 1, 2023. Barbara has... Read Story

Citizens named Jessica Rascionato to lead its Commercial Real Estate team and expanded Joanne Wyper’s role to head of Commercial Banking Digital and Operations to drive the Commercial Bank’s digital-forward strategy. Bragg Comer will succeed... Read Story

On March 1, First Citizens Bank celebrated its 125th year of delivering long-term value and excellent service to clients and strong results to shareholders.  First Citizens is recognizing this significant service milestone with a celebration... Read Story

U.S. Bank has added portfolio optimization capabilities to its Pivot client platform, giving collateralized loan obligation (CLO) clients comprehensive insights for faster and more effective trading. Using a set of criteria selected by the client... Read Story

Citizens M&A Advisory served as the exclusive financial advisor to Apogee IT Services, backed by Brook Venture Partners, on the sale of its U.S. assets to Magna5. Magna5 is a national provider of managed IT, cybersecurity and cloud-based services and... Read Story

Bridge Business Credit announced the appointment of two new regional managing directors, reflecting the company's recent rebranding and business expansion plans.Jeff Stirling joins the company as regional managing director, operating out of the... Read Story

Manufacturers Bank, a member of SMBC Group, announces the appointment of Hillary Savoie as Executive Vice President and Chief Banking Officer.In this newly created role, Savoie is responsible for all client, marketing, and product development-related... Read Story

Webster Bank promoted Ann Meade to Regional President, Boston and Managing Director, Commercial Lending, leading Middle Market Banking, in the Greater Boston market.  Meade has been a strong presence in the Boston marketplace for Webster and has been... Read Story

BMO Financial Group and BNP Paribas announced a long-term commercial agreement and new cross-border framework to enhance coverage and access to a global network for their commercial banking clients. They will also enter into a comprehensive leasing... Read Story

Customers Bank announced the launch of a new Loan Syndications Banking Team, expanding the bank’s lending services for middle market businesses and lead deals to support the bank’s existing and future national lines of business.The Loan Syndications... Read Story

IDB Bank announced the expansion of its Sponsor & Leverage Finance team. As part of this expansion, IDB aims to further its presence within the leverage finance space, a key area of growth over the next several years.The recent expansion welcomes... Read Story

Signature Bank announced Co-founder, President and Chief Executive Officer Joseph J. DePaolo plans to transition into a senior advisor role during 2023. Chief Operating Officer Eric R. Howell will succeed DePaolo as President, effective March 1, 2023... Read Story

BMO Financial Group announced the appointment of Nadim Hirji as Group Head, BMO Commercial Banking. Hirji will report to Chief Executive Officer Darryl White and join the bank's Executive Committee. His appointment is effective March 1, 2023."Across... Read Story

The Board of Directors of Farmers & Merchants Bank and The Bank of Fayetteville has welcomed Matt Mason back to The Bank of Fayetteville as the Northwest Arkansas Market President, where he will oversee retail and lending operations for eight bank... Read Story

TD Bank Group and First Horizon Corporation have mutually agreed to extend the outside date of their proposed transaction from February 27 to May 27, 2023, in accordance with the terms of the merger agreement.TD and First Horizon are fully committed... Read Story

Silicon Valley Bank announced that Ashraf Hebela has been named the new Head of Technology & Healthcare Banking for North America. He succeeds Dave Sabow who SVB recently named as CEO of Silicon Valley Bank UK and Head of EMEA, pending regulatory... Read Story

First Citizens Bank announced its Middle Market Banking business is launching a business-focused webinar series to provide a range of expert insight to owners, executives, service providers and others engaged with middle market companies.The first... Read Story

WSFS Bank, the primary subsidiary of WSFS Financial Corporation, announced the hires of Brionna L. Denby as Senior Vice President, General Counsel, and Michael Dzielak, MBA as Senior Vice President, Director of Financial Crimes.In her new role, Denby... Read Story

CIBC Innovation Banking announced that Mark Usher has been appointed Senior Vice-President, Innovation Banking; President and Executive Managing Director, CIBC Innovation Banking, effective February 28, 2023, taking on the role currently held by Mark... Read Story

The Private Banking arm of Brown Brothers Harriman & Co. (BBH) announced the expansion and strengthening of its Corporate Advisory and Banking team in Philadelphia with the hiring of Dan Vereb. This is reflective of the firm’s deep commitment to... Read Story

Bridge Bank announced that its Capital Finance Group has added three new hires to support key markets. The new team members, based in Seattle, Chicago and Las Vegas, will serve Bridge Bank clients nationwide.In addition to providing traditional... Read Story

BMO Financial Group, and its subsidiaries BMO Financial Corp. and BMO Harris Bank N.A. (together, "BMO"), announced it has completed the acquisition of Bank of the West from BNP Paribas.BMO's acquisition of Bank of the West brings nearly 1.8 million... Read Story

U.S. Bancorp Asset Management has named Jim Link as head of its institutional Outsourced Chief Investment Officer (OCIO) practice, housed within its wholly-owned subsidiary PFM Asset Management, LLC. In this role, Link will be responsible for... Read Story

Wintrust Financial Corporation announced the planned transition of the Chief Executive Officer role. Effective May 1, 2023, Timothy S. Crane, who currently serves as Wintrust’s President, will assume the additional role of Chief Executive Officer.... Read Story

Comerica announced it is promoting three executive leaders to newly established positions: Peter Sefzik, Executive Vice President (EVP), Executive Director, Commercial Bank, will assume the role of Senior EVP, Chief Banking Officer; Megan Crespi... Read Story

Barclays announced the appointments of Douglas Melsheimer as a Managing Director in Technology Investment Banking, and Vladimir Ganchev as a Managing Director in Technology M&A. Mr. Melsheimer will focus on software, with emphasis on Human Capital... Read Story

U.S. Bank announced the hire of Guillaume Mascotto as the company’s head of Sustainable Finance. In this new leadership role, Mascotto will build and lead a new team focused on identifying sustainable finance opportunities across the entire... Read Story

Provident Bank announced that Scott Hurlbert has joined the bank as Senior Vice President, Digital Channels Director with the Information Technology team. Mr. Hurlbert will be based in the bank’s Iselin, N.J. administrative headquarters.In this... Read Story

BHI appointed Nitin Aeri as Head of Cash Management. Nitin brings to BHI more than 12 years of experience in Treasury and Cash Management across commercial, corporate and multinational client segments covering the management of product P&L, sales... Read Story

Bank of America named Vaughn Reynolds President of Bank of America Columbia. The company also announced that well-known South Carolina business and community leader Kim Wilkerson plans to retire in March after 42 years with the bank and nearly two... Read Story

First Business Financial Services announced promotions among its commercial banking team, advancing key leaders across its Midwest business banking markets.“We are pleased to elevate our long-tenured teammates as part of First Business Bank’s ongoing... Read Story

EagleBank, one of the largest community banks in the Washington, DC area, appointed Jay Namputhiripad as Chief Risk Officer, replacing Jeff Curry after his retirement this month. A 23-year veteran in the risk and compliance field, Namputhiripad will... Read Story

Washington Federal reports that on Jan. 2, 2023, the President and CEO of Washington Federal, Inc. and Washington Federal Bank (dba WaFd Bank), Brent Beardall, was one of four people on board a private plane that crashed in Provo, UT shortly after... Read Story

Provident Bank released the results of its 2023 Economic Outlook Survey. The survey polled 1,000 small-to-medium-sized business owners and executives and explores predictions for 2023’s economic outlook in addition to measuring respondents' thoughts... Read Story

Brookline Bancorp, Inc. received the requisite regulatory approvals from the Board of Governors of the Federal Reserve System, New York State Department of Financial Services and Massachusetts Board of Bank Incorporation necessary to complete its... Read Story

The First Bancshares, Inc., the holding company for The First Bank, and Heritage Southeast Bancorporation, Inc. (HSBI), the holding company for Heritage Southeast Bank, announced the previously announced merger between First Bancshares and HSBI... Read Story

FNBC Bank has hired Edward Haddock to lead its Small Business Division, according to President & CEO Marty Sellars. Haddock brings over a decade of experience working for the U.S. Small Business Administration.“In October, we shared with our... Read Story

Farmers National Banc Corp., the holding company for The Farmers National Bank of Canfield, completed the merger of Emclaire Financial Corp., the holding company for The Farmers National Bank of Emlenton (“Emlenton Bank”) with and into FMNB Merger... Read Story

Seattle-based First Sound Bank announced it has reached a mutual agreement with BM Technologies, Inc. (BMTX) to terminate its previously announced merger agreement. The Bank will continue to do business as a locally owned, independent community bank... Read Story

Republic First Bancorp, Inc., the holding company for Republic First Bank d/b/a Republic Bank, announced several leadership changes.Thomas (Tom) X. Geisel has been appointed Chief Executive Officer and President, and as a member of the Board of... Read Story

Banc of California, the holding company for Banc of California, announced the promotions of several senior executives effective January 1, 2023. The Company also announced the retirement of Lynn Sullivan as the Company’s Executive Vice President and... Read Story

Wilmington Trust, a leader in wealth management and corporate and institutional services and a wholly-owned subsidiary of M&T Bank Corporation, announced an agreement with Madison Dearborn Partners, LLC ("MDP"), a leading private equity firm based in... Read Story

Provident Bank announced that Aleksei Somarsingh recently joined the Bank’s Plymouth Meeting-based commercial lending team as Vice President and C&I Relationship Manager. Somarsingh is tasked with growing the commercial loan portfolio in Metro... Read Story

The Board of Directors of Washington Trust Bancorp announced Mark K.W. Gim will retire as President and Chief Operating Officer, effective with the Corporation's 2023 Annual Meeting of Shareholders in April 2023. The Board also announced that Gim was... Read Story

Keeping pace with the volume, scope and breadth of regulatory changes tops the list of key concerns facing U.S. banks, credit unions, and other lenders, according to the results of Wolters Kluwer’s latest Regulatory & Risk Management Indicator survey... Read Story

TD Bank has named Sheryl L. McQuade as the Regional President of its New England Metro.In this role, McQuade will lead TD Bank’s New England consumer and small business, commercial, and middle-market banking and lending services throughout a network... Read Story

Axiom Bank has launched a new Commercial Finance Division headquartered in Dallas, TX. The new division will service businesses seeking Asset Based Lending, Factoring, and Equipment Financing credit facilities ranging from $2 million and greater and... Read Story

F.N.B. Corporation successfully completed its acquisition of Greenville, North Carolina-based UB Bancorp, including its wholly-owned banking subsidiary, Union Bank (Union).As a result of the acquisition of Union, FNB has nearly $44 billion in total... Read Story

Summit Financial Group and PSB Holding Corp. announce the signing of a definitive merger agreement between Summit and PSB.Subject to the terms of the merger agreement, PSB shareholders will receive 1.2347 shares of Summit common stock for each... Read Story

Bank of America named Jim Morehead president of Bank of America Seattle. The company also announced that Alex Yang will become Seattle Market Executive, replacing Jeremey Williams who was recently promoted to Community Relations Manager (CRM)... Read Story

Minority Depository Institutions (MDIs) provide vital financial services to underserved communities and are key to helping close the racial wealth gap. Since 2020, JPMorgan Chase has made more than $100 million in direct equity investments in diverse... Read Story

Northeast Bank announced that since September 30, 2022, the Bank has purchased or entered into agreements to purchase primarily commercial real estate loans in the amount of unpaid principal balance of up to $1.16 billion. The Bank’s commercial real... Read Story

BNP Paribas appointed several senior executives to its Global Markets Americas division. The appointments demonstrate the bank’s commitment to the Americas region and ambition to grow its Global Equities, Global Credit and Global Macro... Read Story

First Foundation, a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced Christopher M. Naghibi, who has served as Executive Vice President, Chief Credit Officer of... Read Story

Citizens Financial Group has been named Bank of the Year 2022 for the U.S. by The Banker, an outlet of The Financial Times, as part of the magazine’s annual global banking awards.In announcing the award, the magazine noted Citizens’ successful growth... Read Story

CIT, a division of First Citizens Bank, announced that its Asset-Based Lending business has provided a $35 million revolving credit facility to Utopia Deals.Based in Plainview, N.Y., Utopia Deals is a leading seller of linens, towels, bedding and... Read Story

Wells Fargo has unveiled Vantage, a new digital banking platform for Commercial Banking and Corporate & Investment Banking clients. Previously known as the Commercial Electronic Office – or CEO Portal – Vantage offers enhanced features to drive a... Read Story

U.S. Bancorp completed the acquisition of MUFG Union Bank’s core regional banking franchise from Mitsubishi UFJ Financial Group, Inc. The transaction brings together two premier organizations to serve customers and communities across California... Read Story

Newtek Business Services Corp. received conditional approval from Office of the Comptroller of the Currency (“OCC”) to complete its acquisition of the National Bank of New York City. Newtek announced last week that it received approval from the... Read Story

The Commercial Bank of TD Bank made a $5 million equity investment in Citizens Trust Bank in Atlanta, Ga., to help expand opportunities for minority businesses as it eyes further expansion into the region. Citizens Trust Bank is a black-owned... Read Story

HSBC Holdings plc announced its wholly owned subsidiary, HSBC Overseas Holdings (UK) Limited, has entered into an agreement to sell its banking business in Canada (HSBC Canada) to Royal Bank of Canada (RBC), subject to regulatory and governmental... Read Story

1st Source Corporation and 1st Source Bank are announced that its Board of Directors has recently made two promotions with an eye on its future.Effective December 1, 2022, Andrea G. Short, President of 1st Source Bank will also become its CEO.... Read Story

National Capital Bancorp announced Richard B. (Randy) Anderson, Jr. has decided to retire as Chief Executive Officer of its subsidiary, The National Capital Bank of Washington on Dec. 31, 2022 after a 47-year career including the last seven years... Read Story

Axiom Bank, a Maitland-based bank, expanded its team with the hiring of Todd A. Davock as Senior Vice President, Business Development Officer in its asset-based lending division headquartered in Dallas.Davock brings nearly 25 years of experience in... Read Story

Jude Melville, President and CEO of b1BANK, announced N. Jerome “Jerry” Vascocu, Jr. as Chief Administrative Officer for Business First Bancshares, Inc. and b1BANK. Vascocu will be the first Chief Administrative Officer for the bank. He has over 27... Read Story

M&T Bank appointed Sam Bluso to lead the bank's new Institutional Real Estate Group focused on expanding M&T's corporate real estate business. As Head of Institutional Real Estate for M&T, Bluso will rely on his 25 years in the real estate capital... Read Story

First Foundation Inc., a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced that Chief Executive Officer, Scott F. Kavanaugh, has been named President of First... Read Story

KeyCorp announced Donald R. Kimble, Chief Financial Officer (CFO) and Chief Administrative Officer, will retire on May 1, 2023.  He will be succeeded by Clark H.I. Khayat, currently Chief Strategy Officer."Don is a highly respected leader both inside... Read Story

Frost Bank announced Howard Kasanoff, a Senior Executive Vice President who has been with the bank since August 1992, will become Chief Credit Officer at the beginning of 2023. Kasanoff will succeed Bill Perotti, Frost's long-serving Chief Credit... Read Story

California Bank of Commerce (CBC) has formed a new division to focus on existing specialty lines of business. The division will look to expand both credit and treasury solutions to the Bank’s commercial markets. Known as CBC Specialty Banking, the... Read Story

WSFS Bank, the primary subsidiary of WSFS Financial Corporation announced that Steven J. Cunningham has been named Senior Vice President, Director of Small Business Administration (SBA) Sales, reporting to Candice Caruso, Senior Vice President, Chief... Read Story

First Citizens Bank announced that its CIT Bank division has completed its conversion of its branches to First Citizens’ operations and systems. This conversion integrates CIT Bank branch customer accounts into First Citizens products and... Read Story

BHI appointed Danielle Ofek as Head of High Tech. Ofek has more than 15 years of experience founding and leading technology start-ups and serving as an executive in the corporate technology sector.  “Technology is a critical and strategic growth... Read Story

Washington Federal, Inc. and Luther Burbank Corporation jointly announced the signing of a definitive merger agreement pursuant to which Washington Federal will acquire Luther Burbank and its wholly-owned subsidiary, Luther Burbank Savings, in an all... Read Story

NexBank Capital, parent company of NexBank, announced John L. Holt, Jr.'s decision to retire as President and CEO at year end. Holt will continue to serve the company in his role as Chairman of the Bank and new appointment as Vice Chairman of the... Read Story

U.S. Bank announced executive leadership changes that will change how the company manages technology and operations for its employees and customers.Jeff von Gillern, Vice Chair of Technology and Operations Services, intends to retire from the company... Read Story

Santander Bank announced the appointments of Donna Cleary to Market Manager and Jim Bravyak to Head of Underwriting & Portfolio Management. In her new role, Cleary will lead an additional team of bankers to focus on the vast opportunity with middle... Read Story

First Business Bank added Jamie Buckley as Senior Vice President – Director of Commercial Banking to lead the Commercial & Industrial Lending team in their Kansas City Metro office.Buckley has 20 years of experience working in Kansas City, Oklahoma... Read Story

Rockland Trust added Slayton Purcell to its Asset Based Lending Team as Vice President, Relationship Manager. In his role, Slayton is responsible for managing a growing portfolio of clients while underwriting and building new relationships. Prior to... Read Story

SMBC Nikko Securities America announced that Raffi Dawson has joined the firm as Managing Director, Head of Structured Finance Group. In this new role, Dawson will be responsible for overseeing the securitization businesses, including conduit... Read Story

Barry Bobrow has joined Regions Business Capital (RBC) as Managing Director, Head of Credit Markets, according to a posting on LinkedIn. Bobrow brings over 35 years of banking experience to this new role, including significant leadership positions in... Read Story

Aligning with a long-term strategic plan to refocus on the company’s retirement business and Nuveen, its asset manager, TIAA has entered into a definitive agreement to sell TIAA Bank to new investors with extensive experience in financial services.... Read Story

Pinnacle Bank, headquartered in Gilroy, CA, announced Michael Khan has joined the bank as Executive Vice President, Senior Lending Officer.“We are pleased to welcome Michael Khan to the Pinnacle Bank family. Michael has over 20 years of lending... Read Story

In the 16 months between two U.S. Bank CFO surveys, finance leaders faced a wave of new challenges, from high inflation to the effects of the war in Ukraine. The 2022 U.S. Bank CFO Insights Report found that finance leaders’ priorities have shifted... Read Story

Peapack-Gladstone Financial Corporation announced Frank A. Cavallaro joined the Company and Peapack-Gladstone Bank as Senior Executive Vice President, and will assume the role of Chief Financial Officer on Nov. 10Cavallaro joins the Bank from... Read Story

Pathward Financial announced Sonja Theisen, 41, currently Executive Vice President, Governance, Risk and Compliance, will succeed Glen W. Herrick, 60, as Chief Financial Officer, effective April 30, 2023.Brett Pharr, Chief Executive Officer, said... Read Story

Republic Bancorp, the parent company of Republic Bank & Trust Company, and Cincinnati-based CBank announced the signing of an Agreement and Plan of Merger under which Republic will acquire CBank and its wholly-owned subsidiary, Commercial Industrial... Read Story

TD Bank appointed Gregory Carlisle as its Commercial Market President for South Jersey/Coastal New Jersey. He succeeds Robert Curley III, following his move to Regional President of the Pennsylvania and New Jersey Metro.In this role, Carlisle will... Read Story

 Republic First Bancorp the parent company of Republic Bank, promoted Steve McWilliams to Executive Vice President, Chief Lending Officer.McWilliams has spent over 30 years in the banking industry, previously serving as Republic Bank’s Market... Read Story

The national Citizens Business Conditions Index™ (CBCI) rose to 56.1 in the third quarter, regaining momentum after a drop in second quarter economic sentiment prompted by inflation concerns. This quarter’s score extends the index’s streak to eight... Read Story

BMO Commercial Bank announced two executive appointments in support of its strategic priorities in Quebec.René Douville has been appointed Special Advisor, BMO Commercial Bank, Canada. Mr. Douville's appointment follows seven years as Head of... Read Story

Capital One announced that Mark Killingsworth and Mark Brown have joined Capital One Public Funding as Senior Vice Presidents. In these roles, Killingsgworth and Brown will be responsible for originating municipal transactions for Capital One’s... Read Story

SMBC, a member of SMBC Group, announced the appointment of Robin Milberg as Chief Human Resources Officer (CHRO) and Paul Sweeney as Head of Strategy & Transformation. Both report to the SMBC Group in the Americas Chief Operating Officer, Debbie... Read Story

Cadence Bank announced the launch of its new brand identity and corporate website, underscoring its continued commitment to helping people, companies and communities prosper and delivering on its brand promise of creating ease for customers.The... Read Story

Webster Bank announces that Abby Parsonnet is now Executive Managing Director, Head of Asset Based Lending (ABL) for Webster Bank. In her role, she will oversee the nationwide Asset Based Lending and Commercial Services teams at Webster, which also... Read Story

Citizens announced the appointment of Rebecca O’Connell as its New York City Metro Market Executive. In this capacity, she will represent Citizens throughout the region as the bank partners with customers, businesses, and communities to help them... Read Story

Synovus Bank announced additions to its leadership team in its expanding corporate & investment banking (CIB) line of business. These new leaders will strategically grow client relationships through deeper industry expertise and broader corporate... Read Story

U.S. Bancorp has received all required U.S. regulatory approvals to complete the previously announced acquisition of MUFG Union Bank’s core regional banking franchise from Mitsubishi UFJ Financial Group, including approvals from the Board of... Read Story

WSFS Bank announced that Shari Kruzinski has been named Executive Vice President, Chief Consumer Banking Officer, reporting to Rodger Levenson, WSFS Chairman, President, and CEO. In her new role, she will oversee all aspects of the Consumer Banking... Read Story

Regions Bank and subsidiary Sabal Capital Partners, a diversified commercial real estate lender, announced the hiring of Jason Scott as managing director and head of Conventional Loan Production for the companies.In this role, Scott will oversee... Read Story

First Citizens Bank announced that James Ligman has joined as a managing director in its Middle Market Banking business to lead expansion efforts in the Orange County and Inland Empire regions.In this role, Ligman will be responsible for developing... Read Story

TD Bank announced Steve Boyle has been named Chief Operating Officer, a newly created position reporting to Leo Salom, President and CEO. Boyle will be responsible for scaling the bank’s operations to support its growth priorities, continuing the... Read Story

First Citizens Bank announced the expansion of its Middle Market Banking unit to support the financial needs and goals of midsize businesses across Southern California and the Southwest region. The expansion follows the official launch of First... Read Story

Wintrust Business Credit (WBC), the asset-based lending (ABL) unit of Wintrust Commercial Banking, announced the hiring of Andy Hall as National Portfolio Manager as part of its nationwide expansion effort. Working alongside National Sales Manager... Read Story

The American Bankers Association Foundation named Pathward, formerly known as MetaBank, a winner of its 2022 Community Commitment Award. The award recognizes Pathward’s Community Impact Program in the Volunteerism category. The Foundation presented... Read Story

Seacoast Banking Corporation of Florida, the holding company for Seacoast National Bank, announced the completion of its acquisitions of Apollo Bancshares, Inc. (Apollo), parent company of Apollo Bank and of Drummond Banking Company (Drummond)... Read Story

First Interstate BancSystem announced the appointment of Ashley Hayslip as Executive Vice President, Chief Banking Officer (CBO). In her new role, effective Nov. 28, Hayslip will lead First Interstate Bank’s retail and commercial teams as well as... Read Story

American Banker has recognized U.S. Bank leaders in its 2022 Most Powerful Women in Banking, naming vice chairs Gunjan Kedia and Kate Quinn and senior vice president Vanessa Angeles among 75 individual honorees.Kedia, a vice chair and member of the... Read Story

Signature Bank, a New York-based full-service commercial bank, announced expansion of its West Coast presence with the appointment of veteran banking professionals and the opening of a new private client banking office in Reno, NV.Signature Bank is... Read Story

CIBC President and CEO Victor Dodig announced senior leadership appointments to further the bank's client-focused strategy.The following leadership changes are effective November 1, 2022:Mike Capatides, Senior Executive Vice-President and Group Head... Read Story

American Banker announced the 2022 honorees of The Most Powerful Women in Banking™. Now celebrating its 20th anniversary, the program recognizes individuals and teams for demonstrating exceptional leadership skills, strong performance and a... Read Story

SMBC, a member of SMBC Group, announced the appointment of Rick Davison as Chief Financial Officer for the Americas.Hirofumi Otsuka, CEO of SMBC Group in the Americas and President & CEO of SMBC Americas Holdings, Inc., said, “Rick brings to SMBC a... Read Story

Citizens Financial Group announced that Michelle Hecht has been named Head of Corporate Affairs. In this capacity she will oversee public affairs, corporate philanthropy, community engagement and volunteerism initiatives that support the company’s... Read Story

Citizens Bank and Trust Company (the Bank) announced the promotion of C. Taylor Quicke to the position of President and the promotion of Cetric A. Gayles to the position of Executive Vice President/Chief Credit Officer. Joseph D. Borgerding will... Read Story

WSFS Bank, the primary subsidiary of WSFS Financial Corporation, announced the following six Associates from across the organization have been elevated to Senior Vice President (SVP) positions: Ed Andrewlevich – SVP, Director of Analytics &... Read Story

Regions Bank announced Kelly Henderson has joined the company’s Real Estate Capital Markets division and will serve as syndications lead for Regions’ Affordable Housing group.As syndications lead, Henderson will manage the distribution of Low-Income... Read Story

David Jeter has been named executive director for BOK Financial’s Commercial Banking line of business. The line of business, which generally serves owner-managed companies and nonprofits with $5 million to $50 million in revenue, is one of the... Read Story

Provident Financial Services, the parent company of Provident Bank, and Lakeland Bancorp, Inc., the parent company of Lakeland Bank, announced that they have entered into a definitive merger agreement pursuant to which the companies will combine in... Read Story

CIBC announced Ramsey Naber, managing director and business development officer, has joined its Asset-based Lending team in the Western Region.In his role, Naber will be responsible for new deal originations and relationship development in the... Read Story

The PNC Financial Services Group has acquired Linga, a point of sale (POS) and payments solutions firm providing an industry-leading, cloud-based restaurant operating system. The acquisition of Linga and its technology will further expand PNC's... Read Story

Farmers & Merchants State Bank announced the appointment of Eric Faust as the Senior Vice President and Chief Risk Officer (CRO). F&M also announced Benét Rupp, Chief Administrative Officer, has been promoted to Executive Vice President.Lars Eller... Read Story

NJ-based Columbia Bank announced it hired Matthew Rickert as Executive Vice President, Chief Credit Officer. In his role, Rickert is responsible for the Bank’s credit policies, including all aspects of Commercial Credit and Special Assets.Rickert has... Read Story

Huntington National Bank celebrates the grand opening of Detroit's Huntington Tower, located at 2025 Woodward Avenue. The new tower is located in the heart of The District Detroit, a world-class, mixed-use sports and entertainment district emerging... Read Story

Provident Bank announced that Damiano Tulipani has joined the organization as Senior Vice President, Chief Information Security Officer.In this role, Mr. Tulipani will play a critical role in providing vision, leadership, oversight, and management of... Read Story

Bridge Bank announced a significant expansion of its growing asset-based lending team, part of the bank’s Capital Finance Group.Seven recent hires support the ongoing buildout of monitoring support for the Capital Finance Group, which serves clients... Read Story

Fifth Third Bank has launched its Mortgage Warehouse Finance business to meet the needs of independent mortgage bankers. As one of the largest regional banks in the U.S., Fifth Third offers the liquidity, credit and banking solutions independent... Read Story

Wintrust Business Credit announced plans to expand its geographic reach from a regional provider to a national ABL platform.  Since its founding in 2008, WBC has provided best-in-class asset-based lending solutions with a focus on middle-market... Read Story

U.S. Bancorp and Mitsubishi UFJ Financial Group (MUFG) have mutually agreed to exercise their right under the purchase agreement for U.S. Bank’s acquisition of MUFG Union Bank’s core regional banking franchise to extend the outside termination date... Read Story

SVB Financial Group, parent of Silicon Valley Bank, announced the appointment of Thomas King, former Chief Executive Officer of Investment Banking at Barclays, to its board of directors, effective September 13, 2022. King will also serve on the... Read Story

Umpqua Bank, a subsidiary of Umpqua Holdings Corporation announced the expansion of its Phoenix-based middle market banking team with the addition of five new members to support its rapid growth in serving mid-size companies across Arizona.Today's... Read Story

Truist Financial Corporation announced that Mike Maguire, Truist's chief consumer finance and payments officer, has been named chief financial officer (CFO) effective Sept. 15. Maguire succeeds current Truist CFO Daryl Bible, whose retirement was... Read Story

Mitsubishi UFJ Financial Group (MUFG) announced the expansion of its newly formed Direct Lending business with the hiring of Claude Mattessich and Will McCarthy. Both Mattessich and McCarthy have joined the bank as Managing Directors and Senior... Read Story

Western Alliance Bank announced the promotions of several senior executives and the formation of a new Executive Leadership Team as part of the bank’s continuing commitment to align its management structure to support its industry-leading growth.“I... Read Story

First Citizens Bank announced the official launch of its Middle Market Banking unit to support the financial needs and goals of midsize businesses across the Southeastern U.S. Headquartered in Charlotte, First Citizens Middle Market Banking is now... Read Story

Nicole Cangelosi was named Senior Vice President, Head of Retail Finance Group Underwriting and Origination, at Bank of America Business Capital, based in New York City.  Cangelosi is responsible for a team of underwriters and analysts dedicated to... Read Story

CIT Bank, the national online bank, has been ranked as No. 1 in the nation for humanizing the customer experience in an independent survey conducted by American Banker in partnership with Monigle, a brand experience agency. The survey, which covered... Read Story

WSFS Financial Corporation, the parent company of WSFS Bank, announced Kevin McKeown as Senior Vice President, Director of Healthcare Banking, reporting to Jim Wechsler, Senior Vice President, Chief Operating Officer, Commercial Banking. McKeown will... Read Story

Atlantic Union Bank has named Sherry Williams as its new Chief Risk Officer. Williams will be responsible for the company’s enterprise and regulatory risk management functions that serve to safeguard its customers, investors, reputation and... Read Story

Genesis Bank launched Genesis Bank Exchange, the Bank’s 1031 exchange division. Genesis Bank Exchange will serve as a Qualified Intermediary to facilitate Section 1031 exchanges of like-kind investment and business real property, will hold client... Read Story

Regions Bank on Thursday announced Ryan Sladek has joined the company’s Institutional Services division and will lead a team of strategists to deliver customized investment services for corporations, businesses, nonprofits, municipalities, and... Read Story

Provident Bank announced that Ravi Vakacherla has joined the organization as Executive Vice President, Chief Digital and Innovation Officer. This position redefines the Chief Information Officer role and underscores the company’s commitment to... Read Story

Dechert LLP advised Huntingdon Valley Bank (HVB) in connection with a master participation arrangement to sell participations in commercial loans to the MakerDAO PROTOCOL, believed to be the first commercial loan participation between a U.S.... Read Story

Trustmark National Bank, a wholly owned subsidiary of Trustmark Corporation, announced the introduction of a new line of business, Equipment Finance, in its Specialty Banking division that is based in Atlanta, GA.“We are pleased to add equipment... Read Story

Citigroup Inc. announced that, as part of its continued efforts to reduce its operations and exposure in Russia, it will wind down its consumer banking and local commercial banking operations in the country. As part of the wind-down, Citi will also... Read Story

Brian Thomas, Commercial Banking Team Leader for Summit Bank, announced that Joshua Adams has been hired as Senior Vice President, Commercial Banking Officer and Zach Weber has been hired as Assistant Vice President, Senior Associate Business Client... Read Story

The Board of Directors of MVB Financial Corp. announced that W. Marston Becker has been named Chairman of the Board.Becker, who has been a member of the Board since November 2020, replaces retiring Chairman David B. Alvarez. Becker is a member of the... Read Story

CIBC Innovation Banking is expanding its presence in the Southeastern region of the U.S. through a new office in Durham, North Carolina.Through its new 14th regional office, CIBC Innovation Banking will help support the growth ambitions of the... Read Story

Truist Financial Corporation announced that Scott Stanzel will join the company as executive vice president and chief communications officer, effective Oct. 1, 2022. Stanzel will report to Chief Legal Officer and Head of Public Affairs Ellen... Read Story

First Republic Bank announced Neal Holland has been named Executive Vice President and Chief Financial Officer, and Olga Tsokova has been named Deputy Chief Financial Officer, effective Nov. 2. Tsokova will also continue to serve as Executive Vice... Read Story

Associated Bank announced new hires to its asset-based lending team.  The asset-based lending team, under the leadership of Ray Temple who joined Associated Bank in September 2021, welcomes Keith Contole, John Todd, Jim Vargo and Mike Williams, who... Read Story

First Business Specialty Finance, LLC., a subsidiary of First Business Bank, added several new team members to its Accounts Receivable Financing group. The team continues to grow with the success of its business model of serving clients quickly... Read Story

Crestmark, the Commercial Finance division of Pathward, formerly known as MetaBank, announced the addition of five new members to its sales team, and the promotion of Dean Allman.Allman joined Crestmark in 2018 as a national account executive, and... Read Story

Comerica named Joe Ursuy to the new role of Executive Vice President, National Businesses for Energy, Renewables and Waste. He will report to Mike Ritchie, Executive Vice President, Head of National and Specialty Businesses.Ursuy most recently served... Read Story

Standard Chartered Bank announced the hiring of Roy Kuruvilla as a managing director for its leveraged and acquisition finance platform in the Americas. In his role, Kuruvilla is responsible for developing the Bank’s leveraged and acquisition finance... Read Story

Mark Wade has been named CEO for Bank of Texas as of January 1, 2023. Wade will assume the role as long-time CEO Norm Bagwell transitions into a new part-time role after leading the Texas bank for more than 15 years.“Norm Bagwell has been an... Read Story

SMBC and SMBC Nikko Securities America, Inc., members of SMBC Group, announced the appointment of Christopher Baldwin and Josh Maio as Managing Directors.Baldwin joins the Real Estate, Gaming & Leisure team within the Corporate & Investment Banking... Read Story

Comerica Bank named Corey Bailey, Executive Vice President, Credit Risk Management & Decisioning, to the new role of Executive Vice President, Head of Middle Market & Business Banking. Bailey will report to Peter Sefzik, Executive Vice President... Read Story

MVB Financial Corp., the holding company for MVB Bank, Inc., announced it has entered into a definitive merger agreement pursuant to which MVB will acquire Integrated Financial Holdings, Inc. in an all-stock transaction. The strategic combination is... Read Story

Atlantic Union Bank is expanding its asset-based lending team to help working capital intensive companies meet their financing needs. The team will now operate as a new specialty finance division, branded Atlantic Union Business Credit, and offer a... Read Story

SMBC, a member of SMBC Group, appointed Mark Corteil as Managing Director and Chief Credit Risk Officer for the Americas Division.In this role, Mark is responsible for overseeing all aspects of credit risk management in the Americas region. He... Read Story

PNC Bank announced the appointment of financial services veteran and Silicon Valley native Megan Schoettmer as Regional President for Northern California. The appointment marks PNC’s continued expansion in the Golden State, including earlier... Read Story

Regions Bank announced Tom Speir has been elevated to serve as head of Strategy and Corporate Development. Speir will report to Regions Chief Financial Officer David Turner.In this role, Speir will lead the bank’s enterprise-wide strategic planning... Read Story

AIO Logic announced the launch of their AXIS commercial lending platform. AXIS by AIO Logic provides commercial lenders with increased efficiency and accuracy throughout the loan life cycle by providing them with unprecedented automation and... Read Story

HSBC Bank Canada has appointed Daniel Hankinson Chief Financial Officer succeeding Gerhardt Samwell who left HSBC in July to pursue other opportunities. Dan is expected to start in the role in September 2022. Kevin Nichols, the Bank’s Vice President... Read Story

J.P. Morgan Global Alternatives announced the hire of two seasoned executives to enhance the firm's capabilities in private credit and private equity secondaries.Andrew Carter joins J.P. Morgan Alternative Asset Management as Head of Private Credit... Read Story

Synovus appointed Shellie Creson as its Chief Risk Officer. She succeeds Mark Holladay who retired from Synovus in March. Creson reports to President and CEO Kevin Blair and joins the Synovus Executive Leadership Team. She leads the company’s... Read Story

Wells Fargo announced Amrita Patel will lead Wells Fargo Equipment Finance (WFEF), which offers specialized financing for purchase, acquisition or leasing of assets pertaining to equipment, transportation and rental fleets, as well as comprehensive... Read Story

TD Bank Group and Cowen Inc. announced a definitive agreement for TD to acquire Cowen in an all-cash transaction valued at US$1.3 billion, or US$39 for each share of Cowen common stock. Through this transaction, TD Securities will accelerate its long... Read Story

M&T Bank announced that Matthew T. Orrino has been named a Managing Director and head of Institutional Commercial Real Estate (CRE) Capital Markets at M&T Investment Banking. Hired by the Corporate & Investment Bank ("CIB"), Orrino will be focused on... Read Story

Byline Bancorp, the parent company of Byline Bank, announced that Thomas J. Bell, III, currently Senior Vice President, Treasurer, and a member of Byline’s executive leadership team, will succeed Lindsay Corby as Chief Financial Officer, effective... Read Story

North Shore Bank announced that its commercial banking team will expand with the hire of new vice president, Derek E. Wheeler, and business relationship specialist, Max Schommer. Wheeler and Schommer will manage and advise existing, new and potential... Read Story

Nano Banc announced the appointment of R. Scott Racusin as chief executive officer (CEO), Mary Lynn Lenz, as chairman of the board and Steven K. Buster, as board vice chair. The new additions will play an integral role in Nano Banc’s strategic plan... Read Story

Wells Fargo Commercial Banking announced that Tanner Phifer will lead Middle Market Asset-Based Lending (ABL) origination for the West region, which is part of the bank’s secured lending and leasing businesses. The Middle Market ABL originations team... Read Story