This week's most read content includes an article on Citigroup's sale of its Yield Book and fixed income indexes to London Stock Exchange Group, and a piece on People's Utah Bancorp's proposed acquisition of Town & Country Bank.
Citi continues divestiture trend with sale to London Stock Exchange
Citigroup Inc. is selling its Yield Book and fixed income indexes to London Stock Exchange Group for $685 million in cash, marking the latest in the U.S. banking giant's ongoing efforts to sell off noncore assets around the globe.
People's Utah Bancorp looking for additional M&A following latest deal
People's Utah Bancorp's pending acquisition of Town & Country Bank Inc. will give the company a better foothold in one of Utah's fastest-growing markets and does not hinder future M&A plans, company executives said.
Regulator shutters Fayette County Bank
The Illinois Department of Financial and Professional Regulation - Division of Banking closed Saint Elmo, Ill.-based Fayette County Bank.
US Bancorp execs say Q2 margins could disappoint
U.S. Bancorp executives said a timing issue with the repricing of loans and deposits could affect second-quarter margins and that a flattening yield curve limits the bank's investment opportunities.
Small-business loans up at BB&T, but that could change
Loan balance growth at BB&T Corp. is finally reaping the benefits of a supposed business-friendly administration, according to a top executive.