Consolidation Of Small Banks On The Rise

A growing number of small and medium-sized banks are merging as shrinking profit margins, tepid loan demand and low interest rates place pressure on their operations. Conditions are unlikely to improve as the Federal Reserve contemplates another round of stimulus that could push rates even lower. Read full article >>

Sections:  news   business   
RELATED ARTICLES
  • US home sales rebound slightly in February
    U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More
  • Dollar rises above 100 yen for 1st time in 4 years
    The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More
  • Obama to open middle-class jobs, opportunity tour
    Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More
  • Retailers report modest gains for April
    Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
  • US home building is surging, but job growth isn't
    The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help - if he could hire enough qualified people. "There is a shortage of manpower," says Vap, owner of South Valley Drywall in Littleton, Colo. More
BING NEWS:
  • An Invisible Majority: Finding Financing For Small Businesses
    For example, a business with predictable cash flow is often seen as more reliable for loan repayment than one that has large fluctuations and uncertainties in its revenue. For Tina, this means that ...
    12/19/2024 - 10:30 pm | View Link
  • What The Interest Rate Drop Means For Small Businesses
    The impact of interest rate reductions will help small and mid-sized banks, which had big exposure in commercial real estate because their portfolios were at fixed rates. As interest rates come down, ...
    12/19/2024 - 8:03 am | View Link
  • New firm specializes in managing small-business loans for banks
    The banker left Ladue-based Saint Louis Bank in July to start the firm, a venture he said he’s considered for about a decade.
    12/17/2024 - 6:34 am | View Link
  • Daily Financial Regulation Update -- Friday December 13
    The Consumer Financial Protection Bureau issued a final rule addressing overdrafts, applicable to banks and credit unions ...
    12/16/2024 - 4:54 am | View Link
  • Pittsburgh credit unions withdraw merger application
    The merger of two small Pittsburgh credit unions is off. The plug has been pulled on merger plans involving two small credit unions in Pittsburgh's South Hills four months after filing to do so with ...
    12/16/2024 - 4:14 am | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News