Banking

GREENSBORO, N.C. – December 21, 2012 – NewBridge Bancorp (NASDAQ: NBBC), parent of NewBridge Bank, announced that Donald P. Johnson has been elected as a director of the Company and the Bank. Mr. Johnson, aged 66, is the Chief Executive Officer of American Business Bank, a commercial bank based in Los Angeles, California, with assets […]

Transaction expands and enhances Sterling Bank’s presence in the Seattle market SPOKANE, Wash. December 17, 2012 –(BUSINESS WIRE)– Sterling Financial Corporation (NASDAQ:STSA) (the “Company”) today announced that its principal operating subsidiary, Sterling Savings Bank (“Sterling”), has entered into a definitive agreement to acquire the Seattle-area operations of Boston Private Bank & Trust Company (“Boston Private”), […]

Thursday, December 13, 2012 - Bank of America Corporation announced today that it has agreed to sell its 49 percent shareholding in Mitsubishi UFJ Merrill Lynch PB Securities to Mitsubishi UFJ Financial Group, its partner in the joint venture. Following completion, Bank of America will focus its Japan management and resources on the further development of […]

CORAL GABLES, Fla., Dec. 7, 2012 (GLOBE NEWSWIRE) — Capital Bank Financial Corp. (Nasdaq:CBF) today announced that its wholly owned subsidiary, Capital Bank, N.A., has been named by independent rating agency BauerFinancial, Inc. as a Five-Star Superior Bank. Capital Bank received BauerFinancial’s highest rating after the agency’s quarterly analysis of Capital Bank’s results for the […]

PALM BEACH, Fla., Dec. 4, 2012 – Efforts to improve arts and science skills among South Florida preschoolers received a boost today in the form of an $800,000 grant from the PNC Foundation. South Florida Science Museum, Family Central, Palm Beach State College and Young At Art will share the three-year grant to enhance access […]

Initial PNC Arts Alive grants totaling $1.5 million over three years have supported central Ohio arts organizations, driven greater audience attendance COLUMBUS, OH, Dec. 3, 2012 — The PNC Foundation announced today a $1 million, four-year extension for PNC Arts Alive, an innovative program supporting visual and performing arts in central Ohio with a focus […]

HIGH POINT, N.C., Nov. 30, 2012 /PRNewswire/ — BNC Bancorp (Nasdaq: BNCN) (“BNC”) today closed its acquisition of First Trust Bank (“First Trust”), thereby expanding and enhancing the BNC franchise in the attractive Charlotte Metro area. BNC previously announced its plan to acquire all the capital stock of First Trust on June 4, 2012. As […]

TAMPA, Fla., Nov. 29, 2012 – Museum of Science and Industry (MOSI) has been awarded a $525,000 grant by the PNC Foundation to create its newest permanent exhibition, Slippery Science, the first element of a new preschool education program at MOSI. Slippery Science, opening Dec. 2, will be located inside Kids In Charge!, MOSI’s children’s […]