News

BMO Financial Group completed the sale of 138 branches to First-Citizens Bank & Trust. The branches are in North Dakota, South Dakota, Wyoming, Nebraska, Kansas, Missouri, Oklahoma and Idaho, as well as select branches in Minnesota, Oregon and Illinois. The...

Hawthorn Bancshares, the Missouri-based holding company of Hawthorn Bank, completed the merger of FSC Bancshares with and into Hawthorn, with Hawthorn continuing as the surviving corporation, and the merger of FSC’s wholly-owned banking subsidiary, Farmers State Bank, Cameron, Missouri, with...

Tri City National Bank, a community bank serving Southeastern Wisconsin for more than 60 years, is now live with the Alkami Digital Sales & Service Platform. The comprehensive suite includes Alkami’s onboarding and account opening solution, digital banking solution, and...

Executive Summary: The Q3/2026 J.S. Held Lending Climate in America survey finds US lenders are becoming increasingly cautious as geopolitical instability, recession concerns and broader economic uncertainty intensify. Survey respondents reported weaker expectations for both near-term and long-term economic performance,...

KBRA released its Business Development Company Ratings Compendium, which looks at results for the quarter ended June 30, 2026. In this quarter’s Compendium, KBRA examines the Q2/26 and H1/26 performance of its rated business development companies (BDC) with a focus...

TPG Twin Brook served as the administrative agent on Argand Partners’ refinance of PolyShield Group and H.I.G Capital’s recapitalization of Health E-Commerce.

System One completed a new investment from funds managed by Oaktree Capital Management and StepStone Group. Financial terms were not disclosed. “I am very proud of the platform we’ve built, centered around technical solutions, and our talented employees delivering trusted...

Mayer Brown added structured finance lawyer Michelle Herman has joined the firm as a partner in New York in its global trade finance practice. Herman joins from Jones Day and brings extensive experience advising borrowers and lenders on domestic and...

McDermott Will & Schulte added Sina Hekmat as a partner in its capital markets group in New York. Hekmat arrives from Hogan Lovells and adds a practice built on the seam between the U.S. and European markets, an increasingly sought-after...

Holland & Knight continued its strategic expansion in Boston with the addition of experienced emerging companies and venture capital (ECVC) partner Sarah Palmer. Palmer advises emerging and growth-stage companies throughout their life cycles, from formation and early-stage financing through commercial...