Regions CEO talks economy, interest rates and the state of the company
Regions Financial Corp., Birmingham’s largest bank and only Fortune 500 company, has been experiencing growth and is setting itself up for success in the future.
SunTrust CFO Allison Dukes to leave bank after BB&T merger
Dukes is the chief financial officer of SunTrust and she had been identified in the Feb. 7 announcement of SunTrust's and BB&T's merger as one of the SunTrust executives who would be part of the executive management team of the merged bank, which will ...
Viewpoint: How to make cash sweeps work for your business
The premise is pretty simple: Excess cash is taken from one account at the close of each business day and “swept” into another account automatically, one that earns higher interest.
Atlanta’s TTV Capital raising fifth fund, aims for $125 million
Founded in 2000, TTV invests in fintech startups.
Form D Friday: Boulder body-temperature monitoring company raising $7M
Several other companies raised money this week.
Madrona Venture Group’s Tom Alberg will resign from Amazon’s board
In 1995, after being rejected by dozens of venture capital firms, Jeff Bezos closed on his first round of venture capital for Amazon.com. Alberg invested $100,000 in that first round and has been a board member since.
Impact Hub HNL puts on “Ask an Expert” series
The coworking space Impact Hub Honolulu is partnering with American Savings Bank to hold an "Ask a Banker" event on April 18 to simplify banking and connect entrepreneurs and professionals to financial experts in the field. This event will kick off a...
Central Bank of the Midwest will strengthen its hand with purchase of BankLiberty
Central Bank of the Midwest will gain a strong foothold in the Northland with a purchase of BankLiberty. Central Bank’s parent, Jefferson City-based Central Bancompany Inc., said late Wednesday that it had a deal to acquire Liberty Bancorp Inc. The de...
First United Bank hires new president from Bank SNB
She is one of several women leading a bank in the Texas capital.
3 South Florida executives charged in $1.2B health care fraud
The scheme allegedly pushed unnecessary products on hundreds of thousands of elderly and disabled Medicare beneficiaries.
Retired BB&T CEO talks SunTrust deal, M&A strategy
John Allison’s former bank is on the cusp of its biggest deal, its merger of equals with SunTrust Banks Inc. announced in February.
Portland firm closes $336M greenhouse fund
Portland-based Equilibrium has closed a $336 million fund focused on sustainable, large-scale greenhouse food production. The firm told ImpactAlpha that the Controlled Environment Foods Fund I was fully deployed. Among those deployments: In February,...