Category Banking

Parkway Bank Launches New Growth Phase Following Successful Capital Raise and Tender Offer Completion

Parkway Bank Launches New Growth Phase Following Successful Capital Raise and Tender Offer Completion Parkway Bancorp, Inc., the holding company for Parkway Bank, has completed a significant capital transaction designed to strengthen the bank’s financial foundation and support its next…

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Commerce Bank Enhances Family Banking With Complimentary Greenlight Access for Eligible Customers

Commerce Bank Enhances Family Banking With Complimentary Greenlight Access for Eligible Customers Commerce Bank and Greenlight Financial Technology, Inc. are expanding access to family-focused financial tools through a new offering that gives eligible Commerce Bank customers complimentary access to Greenlight’s…

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BHMI Named “Most Innovative Payment Operations Platform” by CIO Bulletin

BHMI Named “Most Innovative Payment Operations Platform” by CIO Bulletin BHMI, a provider of back-office payment software solutions, has been recognized by CIO Bulletin as the “Most Innovative Payment Operations Platform.” The recognition highlights the company’s focus on developing technology…

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FHLBank Chicago Highlights New Urban Institute Study on Owner-Occupied Housing Supply in Illinois and Wisconsin

FHLBank Chicago Highlights Urban Institute Study on Owner-Occupied Housing Supply in Illinois and Wisconsin Researchers at the Urban Institute’s Housing Finance Policy Center have released new research examining the availability and supply of owner-occupied housing across the Federal Home Loan…

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Rising Point Capital Management Closes Inaugural Fund With $325 Million in Commitments

Rising Point Capital Management Closes Inaugural Institutional Fund at $325 Million Rising Point Capital Management, a private equity firm specializing in founder- and family-led field-based services businesses across the lower middle market, has announced the final close of its inaugural…

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Citi Becomes First Bank to Launch Multi-Market Instant Payments Through Swift

Citi Expands Multi-Market Instant Payments Through Swift, Simplifying Cross-Border Transactions Citi has announced the launch of a multi-market instant payments capability through the Swift payments scheme, becoming the first bank to go live across multiple markets under the initiative. The…

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UOB Private Bank Connects Next-Generation Leaders with China’s Innovation Economy

UOB Private Bank Connects Next-Generation Leaders with China’s Innovation Economy UOB Private Bank brought together the next generation of Asia’s wealth creators, business leaders and future family stewards for an immersive exploration of China’s rapidly evolving innovation economy as part…

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Canada Life Commits $10 Billion to Canadian Infrastructure and Nation-Building Initiatives

Canada Life Commits $10 Billion to Canadian Infrastructure and Nation-Building Initiatives Canada Life has announced plans to invest $10 billion over the next five years in Canadian infrastructure and other nation-building projects that meet its investment and return objectives. The…

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WSFS Bank and Bryn Mawr Trust Expand into Lancaster, Strengthening Wealth Management, Private Banking and Lending Services

WSFS Expands Financial Services Presence in Lancaster WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank and Bryn Mawr Trust, has announced the opening of a new office in Lancaster, Pennsylvania, marking another step in the company’s regional…

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Fifth Third Bancorp Announces Completion and Results of Registered Exchange Offer for Notes Previously Issued in Private Exchange

Fifth Third Bancorp Reports Results of Registered Exchange Offer Fifth Third Bancorp (NYSE: FITB) has announced the expiration and results of its registered exchange offer for certain outstanding unregistered senior notes that were previously issued through a private exchange transaction.…

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