BB&T Corporation and SunTrust Banks today announced that they will combine in a merger of equals that would make the resulting company one of the nation’s largest financial institutions and mark the biggest bank merger since the financial crisis.
Key regulatory changes and business trends will drive bank mergers and acquisitions in 2019, two top bank deal lawyers say on the latest episode of the ABA Banking Journal Podcast.
Look for 2019 bank mergers to be driven by large deals in metro markets, smaller banks on the buy side and de novo groups acquiring rural banks.
Community bank locations have remained present in rural markets at roughly the same rate over the past two decades, even as consolidation means that bank headquarters have closed in many of these markets, Federal Reserve Vice Chairman for Supervision Randal Quarles said today at an industry event in St. Louis.
Clay Ewing is president and chief banking officer of a community bank with a name that reflects its heritage — but German American Bank is well ahead in developing a well-rounded community bank model that thrives.
Integrating 401(k) plans might not seem like the biggest strategic priority, but getting it right is critical for motivating employees.
The OCC, ABA and the Missouri Bankers Association have filed friend-of-the-court briefs in the appeal of a Missouri case in which two mutual thrift depositors claim that they were entitled to a distribution of their thrift’s capital at the time the bank merged into another institution.
Hancock and Whitney each had more than a century of deep history in their hometown markets — and, more importantly, a remarkable shared story, one that Hancock Whitney CEO John Hairston describes in the latest episode of the ABA Banking Journal Podcast.