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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
  • By Jean Gruss
  • September 10, 2009
Got a loan

Banks are lending money and Tom Kennedy is here to prove it. The Fort Myers entrepreneur explains how he got a $2 million loan recently from KeyBank to acquire a competitor.

  • Finance
  • By Mark Gordon
  • September 10, 2009
Delinquency Dance

Sour commercial real estate loans are turning into quicksand: Some banks on the Gulf Coast are being swallowed, while others are grasping for branches.

  • Finance
  • By Mark Gordon
  • September 10, 2009
Whac-A-Bank

The bank closure list is sure to grow, as the industry's hard times linger. An executive at the helm of one institution that's already met that fate laments what could have been.

  • Finance
  • By Business Observer Staff
  • July 16, 2009
A Successful Climb

Joe Disanti, 39 Wachovia/Wells Fargo Bank

  • Entrepreneurs
  • By Business Observer Staff
  • May 23, 2009
B of A files foreclosure on Colony assets

Bank of America has filed a foreclosure suit against Colony Beach & Tennis Resort Chairman and owner Dr. Murray “Murf” Klauber.

  • Law
  • By Jean Gruss
  • April 10, 2009
The next show

Commercial real estate lending is the bread-and-butter business of community banking on the Gulf Coast. With vacancies rising, could this sector overwhelm banks with bad loans?

  • Finance
« 34 35 36 37 38 39 40 41 42 43 »
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