This week's most read content includes pending deals between Fifth Third Bancorp and MB Financial, as well as Independent Bank Group and Guaranty Bancorp.
Some checking accounts doubled in cost for US banks in Q1
For the first quarter, the cost of interest-bearing transaction accounts was 81 basis points, more than double the 37 basis points reported in the year-ago quarter.
Chicago deal will make Fifth Third No. 2 bank in Illinois
Fifth Third Bancorp's pending acquisition of MB Financial Inc. could give the bank the footprint and tools to take on JPMorgan Chase & Co., the dominant player in Chicago and Illinois.
Independent's $1B play for Guaranty marks major push for growth in Denver
Investors initially balked at Independent Bank Group Inc.'s $1 billion deal with Guaranty Bancorp, but analysts think its strategic merits are compelling.
PNC Financial Services had most net US bank branch closures in April
PNC Financial Services Group Inc. closed a net 16 branches during April, the most by any banking institution in the country.
Trump signs legislative package 'fixing' Dodd-Frank
President Donald Trump also said he would start looking at regulatory reform for large financial institutions, though the chair of the Senate Banking Committee said there has been no discussion of such a review between the White House and Congress.
