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Finance

  • By Jean Gruss
  • December 18, 2009
Sold note

The banker who gave you a business loan may not be the same one you negotiate with in harder times. Banks are selling loans to raise capital in the downturn, leaving borrowers to fend off aggressive investors.

  • Finance
  • By Mark Gordon
  • December 10, 2009
A Really Young Buck

The new executive of a $515 million unit of a regional bank on the Gulf Coast is still two years away from turning 30. Age, however, hasn't stopped Chris Rolle before.

  • Finance
  • By Business Observer Staff
  • December 10, 2009
Victory, at Last

A Gulf Coast community bank has pulled off a rare feat: It raised $15 million in capital during a crippling recession.

  • Finance
  • By Alex Walsh
  • December 10, 2009
Ports in a Storm

By increasing its presence in Tampa Bay, Whitney Bank is attempting to reapply the formula that has kept it in business for more than a century.

  • Finance
  • By Alex Walsh
  • December 10, 2009
Old Faces, New Places

USAmeriBank has had good timing from the beginning, opening their doors just after the real estate market had done its worst to area banks. After building a team of veteran bankers, leadership is looking to continue capitalizing on a timely market entry by outmaneuvering distracted competitors.

  • Finance
  • By Mark Gordon
  • December 10, 2009
Long for Short

Tony Leo is trying to save Peninsula Bank short term by long-term planning.

  • Finance
  • By Bloomberg News
  • December 10, 2009
CIT sheds protection

CIT Group won a judge's approval of its plan to exit Chapter 11 bankruptcy.

  • Finance
  • By Jean Gruss
  • December 10, 2009
Trusted bankers

As lenders continue to struggle, banks are turning to new or forgotten businesses such as trust services and investment management that generate fees in good times and bad.

  • Finance
  • By Jean Gruss
  • December 10, 2009
Shrinking Banks

The banking landscape on the Gulf Coast has been altered by the demise of Orion Bank, the region's second-largest bank. But smaller banks are vulnerable, too.

  • Finance
  • By Jean Gruss
  • November 19, 2009
Orion's Fallen Star

Jerry Williams grew Orion Bank into one of the largest lenders in Florida during the real estate boom, only to be shut down by regulators in the bust. A last-ditch gamble to raise capital backfired.

  • Finance
  • By Jean Gruss
  • November 19, 2009
All hands on deck

It's hard to think of a tougher challenge than for a Florida bank to raise capital today. But Bank of Florida Chief Executive Officer Michael McMullan has been here before.

  • Finance
  • By Jean Gruss
  • November 19, 2009
Cross the Gulf

Louisiana-based IberiaBank resisted the temptation to expand its banking operations to Florida during the boom. Now that its rivals are struggling, it's diving into the state with two big government-assisted acquisitions.

  • Finance
  • By Jean Gruss
  • October 29, 2009
Three Rescues

Two banks from outside the region are acquiring three failed institutions on the Gulf Coast. What do they know?

  • Finance
  • By Business Observer Staff
  • October 9, 2009
Make it Klich

Branch Banking & Trust is betting big on Florida's future with the acquisition of Colonial Bank. Longtime Florida banker William Klich is the man charged with making it work.

  • Finance
  • By Jean Gruss
  • September 10, 2009
Smaller is Better

Few banks on the Gulf Coast showed a profit so far this year. But small community banks make up a disproportionate share of those that made money in the second quarter.

  • Finance
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