CRE Chief Rises to Top at Brookline Bank
Brookline Bancorp in Boston has promoted its head of commercial real estate lending to leader of its entire banking unit. American Banker
Blog
While Tempting, Lending Loopholes Could Lead to UDAAP Traps
The Consumer Financial Protection Bureau can determine nearly anything to be an unfair, deceptive or abusive act or practice, and it’s more likely to do so when lenders try to take advantage of regulatory loopholes. BankThink
Add CRE Worries to List of Bank M&A Impediments
Banks that are heavily involved in commercial real estate lending may shy away from buying institutions with similar concentrations. American Banker
Pilot Bank in Fla. Hires C1’s Operating Chief
Pilot Bank in Tampa, Fla., has recruited Rita Lowman, the chief operating officer of C1 Bank in St. Petersburg, Fla., to be its COO. American Banker
CRE Loan Delinquencies Near Lowest Level in 20 Years
The quality of commercial real estate loans on bank books continued to improve in the second quarter with the exception of the nation’s energy markets. Nationally, the amount of delinquent CRE loans declined about 21% (about $ 4.6 billion) to $ 17.78 billion in the past year, according to the latest numbers from the Federal
How Moven Went from ‘Breaking Banks’ to Breaking Bread with Them
Nearly six months into its partnership with TD Bank in Canada, Moven is on the hunt for additional partners as it looks to take its real-time spending insights to the masses. American Banker
Next BankUnited Chief on What It’s Like to Follow a Legend
Rajinder P. Singh said he deliberated awhile before deciding he’s game for the challenge of succeeding John Kanas, and he sought to reassure any investors who had expected Kanas wouldn’t go without selling the bank. American Banker
Women in Banking: Tackling the Gender Gap, Inside and Out
Wells Fargo has worked toward achieving gender diversity internally, now it’s courting women-owned businesses. Sallie Krawcheck says if organizations wanted to fix the gender pay gap, they could – easily. Meanwhile in Silicon Valley, the majors are promising to pay their male and female employees equally, and Accenture finds women on boards are twice as
New President and CFO at Coastal Banking in S.C.
Coastal Banking Co. in Beaufort, S.C., promoted Charles Wagner to president and hired Thomas Flournoy to be its new chief financial officer. American Banker
Standard Financial in Pa. to Buy Allegheny Valley in Pittsburgh
Standard Financial Corp. in Monroeville, Pa., has agreed to buy Allegheny Valley Bancorp in Pittsburgh for $ 56.5 million. American Banker