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A brand-new community bank is establishing itself in the Houston market, the first such de novo bank to do so in more than a decade, according to a press release. Gulf Capital Bank received conditional approval from the Texas Department of Banking a.....»»

Malcolm Holland is Chairman, CEO and President of Dallas-based Veritex Community Bank. Veritex has acquired seven banks in 10 years, with its most recent merger with Green Bank more than doubling its size in employees, assets and branch locations......»»

The deal is the biggest ever for Allegiance and the biggest one Houston's community banking industry has seen in a while......»»

This week's banking & finance news......»»

The banking veteran has 35 years of industry experience......»»

Sumit Rajpal, former co-head of the merchant bank of Goldman Sachs Group Inc., is launching a new private-equity firm targeting companies that are sitting on valuable troves of data that can be used more effectively to spur growth......»»

New top exec at Community Bank talks about his Pittsburgh ties and the evolving banking landscape......»»

Old National hired Christine Hobrough as its community banking president. She previously worked for U.S. Bancorp......»»

Banking veteran Lydia A. Fernandez was appointed as OURBank's president and CEO......»»

The new position will have a national scope of connecting the Dallas-based bank with the Black community, which has historically been subject to racism and discrimination within the banking system......»»

Bank of America Corp. logged a record year in 2020 with its community development banking initiatives. The bank contributed $5.87 billion in loans, equity investments and other real estate support — about $1 billion more than the previous year......»»

Exchange-traded funds with exposure to community banks outperformed Thursday on growing signs of inflation in the economy. The SPDR S&P Regional Banking ETF and the iShares U.S. .....»»

The second-biggest US lender posted a 28% drop in net income to $5.5 billion in the quarter, or $0.59 per share. Brian Moynihan, CEO of Bank of America. Bobby Yip/Reuters Bank of America po.....»»

The community bank plans to grow its market share along the Front Range......»»

BBVA USA plans to open 15 new branches in Texas, including several in the Houston area. The Birmingham Business Journal reported May 13 that the Alabama State Banking Department has approved the de novo branches for the bank, which has its headquarter.....»»

HSBC has reshuffled the leadership of its investment banking division, according to a memo seen by Reuters on Monday, as Chief Executive Noel Quinn presses ahead with changes at the top despite having last month paused a wider job cut programme......»»

Fifth Third Bank is adding nearly 1,000 jobs amid the ongoing coronavirus pandemic. On Monday, the Cincinnati-based bank said the hiring spree will "provide essential banking services to customers and offer new career opportunities for those searching f.....»»

Washington, D.C. (March 20, 2020)—The Independent Community Bankers of America® (ICBA) today reminded consumers and community banking customers that their insured deposits are safe and... The post Insured Deposits are saf.....»»

The ECB said it could buy up to $820 billion in government and private sector bonds.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»