Commercial: Page 2

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    Evolve Bank names CEO with regulatory expertise

    Consultant and FDIC vet Bob Hartheimer has taken the reins at Evolve Bank & Trust and aims to “restore trust” in the embattled bank.

    By • Updated Aug. 13, 2025
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    Jemal Countess / Stringer via Getty Images
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    CIBC taps new US CEO

    The Canadian bank named Kevin Li the next CEO of its U.S. operations. Current U.S. CEO Shawn Beber will shift to a special adviser role in November before retiring next July.

    By • Aug. 13, 2025
  • Frost Bank skyscraper Explore the Trendline➔
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    Trendline

    Top 5 stories from Banking Dive

    Since the approval of Capital One’s acquisition of Discover, banks have increasingly waded into new deals. Beyond that, they’ve doubled down on strategy, from organic growth to branch placement to app design.

    By Banking Dive staff
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    Mlenny via Getty Images
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    Ohio’s First Financial expands Chicago footprint in $142M deal

    The acquisition of BankFinancial, set to close in the fourth quarter, comes roughly a month and a half after First Financial proposed a $325 million purchase of a fellow Ohio lender. 

    By • Aug. 12, 2025
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    Maddie Meyer via Getty Images
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    Berkshire, Brookline dub their post-merger brand Beacon

    The name draws a strong association with Boston, a key market for both banks. The companies expect the $1.1 billion deal to close by September, with systems integration early next year.

    By • Aug. 11, 2025
  • A person walks out of the entrance way of a stone and glass building that has a "Wells Fargo" sign above the street corner entrance.
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    Caitlin Mullen/Banking Dive
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    Wells Fargo won’t face class-action mortgage discrimination lawsuit

    A federal judge denied class action certification in a mortgage redlining lawsuit against the lender, saying the plaintiffs “did not identify any ties that bind for purposes of commonality.”

    By • Aug. 7, 2025
  • A Citizens Bank branch on a New York City street is seen as people walk by in front of the building.
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    Caitlin Mullen/Banking Dive
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    Small businesses turn to financial advice, data for growth: Citizens survey

    Small business owners who rely on cash flow tools tend to have “higher confidence” and make informed decisions, according to Citizens’ head of business banking, Mark Valentino.

    By • Aug. 6, 2025
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    Sean Pavone via Getty Images
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    Florida’s BayFirst sheds 51 jobs, shutters SBA loan platform

    The bank’s COO called out older, smaller loans as a trouble spot. BayFirst counted $1.5 million in first-half losses and expects to take a third-quarter restructuring charge. It’s also suspending dividend payouts.

    By • Aug. 6, 2025
  • Woman stands under TD Bank sign.
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    Drew Angerer via Getty Images
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    TD names first US small-business head

    Chris Ward joined TD last year after seven years at Bank of America. Now he takes on a new role, for him and TD, as its head of U.S. small business.

    By • Aug. 6, 2025
  • An aerial shot of Little Rock, Arkansas shows a river, bridges and a number of downtown buildings.
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    Creative via Getty Images
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    Simmons names next chief; CEO Makris to retire

    Jay Brogdon will succeed George Makris Jr. after he retires at year end. Marty Casteel, a director of the company, will become chair Jan. 1, 2026.

    By • Aug. 5, 2025
  • People enter and exit UBS Bank in NYC.
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    Chris Hondros via Getty Images
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    UBS to pay $300M to settle Credit Suisse mortgage securities case

    The Zurich-based lender’s agreement with the U.S. Justice Department will resolve the remaining consumer relief obligations from the 2017 settlement, UBS said Monday. 

    By • Aug. 4, 2025
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    Spencer Platt via Getty Images
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    Ex-Flagstar CEO accused of illegal conduct

    A former compliance executive at the bank sued Alessandro DiNello, saying the ex-CEO knew of a client’s money laundering and discussed sensitive information while a “junior employee sat on his lap.” 

    By • Aug. 1, 2025
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    Frost CEO: Lending competition heating up

    For the Texas bank, loans lost to other lenders because of structure continued to increase in the second quarter. “I think this represents the level of competition developing in the market,” CEO Phil Green said.

    By • Aug. 1, 2025
  • The building features a modern glass façade with the Citibank logo prominently displayed above the entrance. Pedestrians are visible on the sidewalk, and the surrounding area includes other commercial buildings.
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    Alamy
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    Citi targets commercial clients going through global growing pains

    The lender is angling to consolidate banking business for mid-sized corporate clients who’ve racked up a litany of banking partners around the world, according to the global head of Citi’s commercial bank.

    By • July 31, 2025
  • An entrance to a Madison Avenue JPMorgan Chase building is shown, with revolving doors and a person walking in the foreground.
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    Michael M. Santiago / Staff via Getty Images
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    JPMorgan teams up with Coinbase

    The U.S.’s biggest bank will partner with the crypto exchange to link Chase bank accounts and Coinbase crypto wallets.

    By • July 30, 2025
  • A brick commerical building entrance facade with a "Capitol One Bank" logo displayed above the doors.
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    Alamy
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    Capital One delivers few details on $265B community plan

    A year after touting a community investment proposal as part of an effort to acquire Discover, the card issuer has yet to lay out program specifics.

    By Tatiana Walk-Morris • July 30, 2025
  • A modern building facade with "Wells Fargo" signage above the entrance is shown, as people pass by on the street.
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    Caitlin Mullen/Banking Dive
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    Post-asset cap, Wells chases government banking growth

    In government banking, “we have felt it, reputationally,” a Wells executive said of the bank’s growth restraint and the issues that prompted it. Now, “our limitations are behind us.”

    By • July 29, 2025
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    Drew Angerer / Staff via Getty Images
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    TD names next board chair

    John MacIntyre will take up the role Sept. 1, after Alan MacGibbon retires. MacIntyre has been an independent director at the bank since 2023 and is the chair of the board’s human resources committee. 

    By • July 28, 2025
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    BERKO85 via Getty Images
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    Louisiana credit union to buy in-state bank

    Heritage Nola’s nearly $26 million deal with OnPath Credit Union comes after the bank mutually terminated a merger proposal with a Louisiana lender, MC Bancshares. 

    By • July 25, 2025
  • a large shiny office building with the word SYNOVUS written on top, surrounded by trees
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    Courtesy of Synovus Financial
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    Pinnacle, Synovus to combine in $8.6B deal

    Synovus had been the subject of merger rumors earlier in the week. The deal could stand as a test case for banks primed to cross the $100 billion-asset threshold amid expected Trump-era deregulation.

    By • July 25, 2025
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    Bill Pugliano via Getty Images
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    Michigan, Georgia banks propose to buy in-state peers

    Mercantile Bank Corp. will buy Eastern Michigan Financial Corp. in a $95.8 million deal, while Colony Bankcorp inked a $86.1 million deal with TC Bancshares. 

    By • July 24, 2025
  • Aerial view above Lake Merritt in Oakland, California. Looking across the lake at downtown Oakland with skyscrapers in the distance.
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    DianeBentleyRaymond via Getty Images
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    San Francisco credit union to buy California bank

    The deal marks the eighth whole-bank purchase by a credit union announced this year.

    By • July 23, 2025
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    RudyBalasko via Getty Images
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    Old National names KeyBank exec president, COO

    Tim Burke oversaw commercial banking in 12 markets at KeyBank, including Chicago. He succeeds Mark Sander, who retired from Old National this year.

    By • July 23, 2025
  • The building features the bank's distinctive green and white signage, with large glass windows and a brick façade with a clear blue sky behind it.
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    Alamy
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    Huntington CFO: Veritex met ‘high bar’ for acquisitions

    The Columbus, Ohio-based bank is largely focused on growing organically, although it remains “opportunistic” about compelling deals, the regional’s finance chief said.

    By • July 21, 2025
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    simonkr via Getty Images
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    Texas, Wisconsin banks agree to buy in-state peers

    Prosperity Bancshares in Texas agreed to buy American Bank in a $321.5 million deal, while Bank First Corp. inked a $174.3 million deal with Centre 1 Bancorp. 

    By • July 18, 2025
  • The Phoenix metropolitan area has seen growing hotel occupancy, ADR and RevPAR in recent years driven by strong travel fundamentals.
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    Western Alliance names JPMorgan vet its next CFO

    Vishal Idnani will take the CFO reins in January. Dale Gibbons, who’s been the bank’s finance chief for two decades, will become chief banking officer for deposit initiatives and innovation at the lender.

    By • July 18, 2025