Thisweek's most read content includes a look at the highest-paid CFOs at U.S. banksand thrifts in fiscal 2015 and a feature about a recently announced bank dealin Illinois.
Top-paidUS bank, thrift CFOs in 2015
Bank ofAmerica Corp.'s Paul Donofrio was the highest-paid CFO at a U.S.bank or thrift in fiscal 2015 — his first year in the position. 'sMarianne Lake and Wells Fargo& Co.'s John Shrewsberry came in second and third, respectively.
Illinoispeers Wintrust, First Community strike $30.3M deal
WintrustFinancial Corp. is acquiring Elgin, Ill.-based at anaggregate purchase price of approximately $30.3 million. The transaction isexpected to close late in the third quarter or early in the fourth quarter.
Bankswith lowest price-to-adjusted TBV in June
U.S. bank stocks were slightly cheaper in June than inMay, with Johnstown, Pa.-based AmeriServFinancial Inc. once again trading at the lowest price to adjustedtangible book value among the banks in an S&P Global Market Intelligenceanalysis.
Bigbanks' settlement tab tops $14B in 1st half of 2016
The United States' six largest bank holding companiesannounced or finalized over $14.33 billion in settlements in the first half of2016. Goldman Sachs Group Inc.topped the list with almost $6.15 billion in settlements.
FSOCflags distributed ledger technology in 2016 report
The Financial Stability Oversight Council added distributedledger systems like blockchain to its regulatory radar amid growing interest inthe technology.