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LNCB to buy Cincinnati Federal to grow footprint, while Fifth Third completes healthcare technology company purchase
The banking sector’s position remains strong despite the events of the past two months — but banks must remain vigilant
Plus: New CLO at BCB, and senior appointments at FV Bank, CFM, Equity Bank, TopLine, and Fulton Bank
The Pennsylvania bank incurred heavy losses in Q1, partly as a result of the collapse of Signature Bank
50% of small businesses believe cash flow management tool consolidation positively impacts profitability
"The Fed rightly assumes some responsibility for some of the issues that led up to the collapse of SVB..."
Plus: TD Bank’s planned acquisition of First Horizon could be facing further delays
“Every business segment performed well as we grew client relationships and accounts organically at a strong pace.”
Plus: Heartland Bank and F&M Bank name new CEOs, while Wells Fargo’s consumer and small business bank chief is to retire
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