Paul Davis
American Banker
Contact Paul
Discover and connect with journalists and influencers around the world, save time on email research, monitor the news, and more.
| Recent: |
|
| Past: |
|
Past articles by Paul:
Amalgamated Financial hires next CEO
Priscilla Sims Brown will join the New York company from Commonwealth Bank in Australia. → Read More
The credit-quality kicker in the Banc of California-Pacific Mercantile deal
About 13% of Pacific Mercantile Bancorp's loans are tied to high-risk sectors such as entertainment and food services. The company must build shareholders' equity or its loan-loss allowance above last year's levels to make sure the sale goes through. → Read More
Citi’s Australia unit draws interest from major local banks
National Australia Bank and Australia & New Zealand Banking Group, the country’s third- and fourth-largest lenders by value, are in talks with Citigroup over the assets, according to people familiar with the matter. → Read More
First Paragould to enter Tennessee with Cumberland Bancshares deal
The Arkansas company will gain branches around Nashville as part of the acquisition. → Read More
Farmers & Merchants in Ohio to buy Perpetual Savings Bank
The company agreed to pay $104 million for a one-branch bank with $391 million of assets. → Read More
Primis Financial in Virginia planning digital bank
The company, once known as Southern National Bancorp of Virginia, plans to launch the as-yet-unnamed platform by the end of this year. → Read More
Premier Financial Services sold to 1st Financial Bank in S.D.
The specialty lender provides leases for preowned Ferraris, Porsches, McLarens, Lamborghinis and other luxury cars. → Read More
First Mid in Illinois acquires two insurance agencies
The purchases of Truck Insurance Specialists and Hometown Insurance are expected to help the company expand its dealings in transportation and agriculture. → Read More
Capital City Bank in Florida buys wealth management company
The company will start to offer insurance planning and risk management services as part of its purchase of Strategic Wealth Group in Valdosta, Ga. → Read More
SmartFinancial to buy equipment finance company
The Tennessee bank's deal for Fountain Leasing is set to close this month. → Read More
Grasshopper Bank in New York hires former Radius CEO as next leader
Mike Butler will also become president of the de novo, which focuses on technology companies and venture capital firms. → Read More
First Horizon discloses data security breach
The Tennessee company said an unauthorized party gained access to dozens of accounts and obtained less than $1 million from some of those accounts. → Read More
Nicolet in Wisconsin promotes insider as new CEO
Mike Daniels has been president and CEO of Nicolet's bank since 2015. → Read More
HBT Financial, Trustmark share plans to close branches
HBT Financial in Illinois and Trustmark in Mississippi are the latest banking companies to announce closures as customer preferences shift to digital channels. → Read More
Veritex agrees to acquire minority stake in Thrive Mortgage
The Dallas company will pay nearly $54 million for a 49% stake in a lender that operates in 10 states. → Read More
Southern California Bancorp to buy Bank of Santa Clarita
The $56 million acquisition will extend Southern California Bancorp's footprint north of Los Angeles. → Read More
Enterprise to buy First Choice in California for $398 million
The Missouri company announced the acquisition just five months after buying another California bank. → Read More
JPMorgan is preparing to offer a bitcoin fund to wealthy clients
JPMorgan Chase is preparing to offer a bitcoin fund to wealthy clients, the latest sign that Wall Street is warming to the largest cryptocurrency after it soared in recent months. → Read More
Citi invests in mortgage tech in push to close racial wealth gap
The lender will expand certain mortgage products, like its HomeRun program, which requires lower down payments and removes mortgage-insurance requirements for lower-income borrowers. → Read More
New York Community to buy Flagstar for $2.6 billion
The merger would create a company with nearly 400 branches, 87 loan production offices and $87 billion of assets. → Read More