Commercial: Page 4
-
Stifel hires 13 from SVB for life science, healthcare team
“Our clients are doing crazy, fun, innovative things,” one new Stifel hire said. “We get to provide a lot of hopeful value to help these clients be successful.”
By Gabrielle Saulsbery • Sept. 24, 2025 -
Axos acquires industrial equipment lender
The San Diego-based challenger bank first entered the equipment lending space in 2016 with its purchase of Pacific Western Equipment Finance from Pacific Western Bank.
By Gabrielle Saulsbery • Sept. 23, 2025 -
Explore the Trendline➔
Getty Images
TrendlineArtificial intelligence
The heavily regulated banking sector rarely gets to trailblaze. But with AI, an all-in mentality is fueling both research and adoption.
By Banking Dive staff -
Tennessee bank aims to raise up to $103.7M in IPO
Commercial Bancgroup wants to list on the Nasdaq. It’s putting more than 3.7 million shares on the public market and is expected to fetch up to $27.75 per share.
By Dan Ennis • Sept. 22, 2025 -
SMBC to boost stake in Jefferies to 20%
The Japanese bank will pay roughly $912.8 million to buy shares. But it will also offer Jefferies $2.5 billion in new credit facilities. The banks plan to launch a joint venture in Japan in 2027.
By Dan Ennis • Sept. 19, 2025 -
First Interstate CEO: Colorado ‘a better opportunity’ after PNC move
Jim Reuter – who spent 37 years at FirstBank, most recently as CEO – said PNC’s acquisition of the Colorado bank creates opportunities for other local lenders to snag customers and talent.
By Caitlin Mullen • Sept. 19, 2025 -
BMO taps insider as next CFO
Rahul Nalgirkar, CFO of the bank’s U.S. operations, will succeed Tayfun Tuzun, who is set to retire early next year. Like Tuzun, Nalgirkar is a Fifth Third alum.
By Dan Ennis • Sept. 19, 2025 -
BofA boosts minimum hourly wage to $25
The Charlotte, North Carolina-based bank followed through on a 2021 promise to raise its pay floor to that level. And it’s not the only lender to do so this year.
By Caitlin Mullen • Sept. 17, 2025 -
Retrieved from Ally on July 23, 2025
Q&AAlly CIO: Pace of tech change ‘weighs on me’
Sathish Muthukrishnan, the bank’s chief information, data and digital officer, shared what’s surprised him about the use of Ally’s AI platform and the challenges of keeping up with rapid tech evolution.
By Caitlin Mullen • Sept. 17, 2025 -
National Bank Holdings to acquire Texas lender for $369M
Acquiring privately held Vista, which has operations in Texas and Florida, would push Denver-based NBH to $12.4 billion in total assets.
By Caitlin Mullen • Sept. 16, 2025 -
Lund, Ken. Retrieved from Flickr.
Washington bank sued by hedge fund names next CEO
Curt Queyrouze, most recently president of Coastal Community Bank, was chosen as First Fed’s next CEO, following the resignation of former CEO Matthew Deines in July.
By Caitlin Mullen • Sept. 15, 2025 -
Zions CEO eyes acquisition opportunities
The $89 billion-asset regional is “a really good partner” for small banks that “are going to be looking for a home,” its CEO said this week.
By Caitlin Mullen • Sept. 12, 2025 -
Merger with Synovus isn’t ‘Truist 2.0,’ Pinnacle CEO says
The CEOs of Pinnacle and Synovus sought to assure investors that they learned from other recent mergers of equals and sorted out a number of decisions early on.
By Caitlin Mullen • Sept. 11, 2025 -
Fifth Third replaces BNY as Direct Express partner
The Cincinnati-based lender has been named the bank partner for the prepaid card program. The bank also disclosed “alleged external fraudulent activity” expected to result in a perhaps $200 million impairment charge.
By Caitlin Mullen • Sept. 10, 2025 -
PNC CEO: ‘We just effectively bought Colorado’
If PNC finds another acquisition target like FirstBank, “we’d probably do it,” CEO Bill Demchak said, adding, “the path to growth is long and curious, and unpredictable.”
By Caitlin Mullen • Sept. 10, 2025 -
Comerica CEO pledges improvements amid activist pressure
Executives for the Dallas-based regional are “taking a hard look at expenses” as they work to improve the bank’s efficiency, CEO Curt Farmer said Tuesday.
By Caitlin Mullen • Sept. 9, 2025 -
PNC to acquire FirstBank in $4.1B deal
The move would triple PNC’s presence in Colorado and boost its Arizona footprint by more than a dozen branches, the bank said.
By Caitlin Mullen • Sept. 8, 2025 -
Central Florida de novo targets early 2026 opening
The group behind prospective lender Portrait Bank has submitted regulatory applications and increased its capital target based on strong response, said Erik Weiner, who will serve as CEO and president.
By Caitlin Mullen • Sept. 5, 2025 -
BNY offers cyber, AI training for community bankers
The program is set to address cybersecurity, artificial intelligence and data analytics – topics that came up in a survey of community bankers BNY fielded last year.
By Caitlin Mullen • Sept. 4, 2025 -
FNB dives deeper into the Southeast
First National Bank aims to add more branches in North and South Carolina, joining a growing list of banks doubling down on their presence in the region.
By Gabrielle Saulsbery • Sept. 3, 2025 -
Kansas bank to broach Nebraska in $122.8M deal
Equity Bancshares’ merger with Frontier Holdings, set to close in the fourth quarter, is expected to bolster the Wichita lender’s footprint with seven added locations, along with $1.4 billion in new assets.
By Dan Ennis • Sept. 3, 2025 -
FDIC: Capital One-Discover deal dents Q2 bank profit
Aggregate net income for banks insured by the regulator fell 1%, to $69.9 billion, in the quarter, due to higher provision expenses tied to Capital One’s acquisition of Discover.
By Caitlin Mullen • Aug. 27, 2025 -
Goldman exec named JPMorgan global investment banking chair
M&A veteran Jerry Lee has joined JPMorgan from Goldman Sachs, where he spent nearly two decades.
By Gabrielle Saulsbery • Aug. 25, 2025 -
Ex-JPMorgan, PNC, TD bankers banned by OCC
The eight former bankers are prohibited from the industry after regulators found instances of misappropriation of funds and customer impersonation.
By Rajashree Chakravarty • Aug. 22, 2025 -
Synovus, Pinnacle plan post-merger C-suite
In perhaps a nod to a lesson learned from the Truist combination, the two regional banks laid out the combined company’s management team.
By Caitlin Mullen • Aug. 22, 2025 -
U.S. Bank wants a piece of Charlotte, too
The Minneapolis-based super-regional opened its seventh branch this week in North Carolina’s largest city, and wants to double its presence in a market where Truist, BofA and Wells Fargo are heavily entrenched.
By Caitlin Mullen • Aug. 22, 2025