Washington Trust Reports Second Quarter 2014 Earnings

Washington Trust Bancorp, Inc. parent company of The Washington Trust Company, today announced net income of $9.8 million, or 58 cents per diluted share, for the second quarter of 2014, up from first quarter of 2014 net income of $9.3 million, or 55 cen


First American Bank and Bank of Coral Gables Announce Merger

First American Bank, headquartered in Elk Grove Village, IL with 49 branches throughout the Chicago metropolitan area and assets of $3.4 billion, has announced a merger with the Bank of Coral Gables, a community-based bank located in Coral Gables, FL.


CITBA Financial Corporation Terminates Merger Transaction

CITBA Financial Corporation Mooresville, IN, the bank holding company of Citizens Bank, today announced that it had elected to terminate the proposed merger transaction between CITBA and its bank subsidiary and Merchants Bancorp, of Carmel, Indiana, and i


Shake up retail branches with franchise model?

The franchise model can turn the top-down corporate model upside down, since franchisees may actually become aggressive critics of how their customers are approached, with little patience for ineffective internal procedures.


To sell more, Bank of America turns to existing clients

Bank of America Corp is trying to solve one of the most difficult problems that big banks face: convincing reluctant employees to sell more products to current customers, who are themselves reluctant to buy them.