Mortgage Blog

Geoffrey the Giraffe may be ready for a comeback.

Toys “R” Us Inc. lenders indicated they are seeking to reorganize the assets into a new company that would maintain the current license agreements and invest in new retail operating businesses. It could mark a comeback for the iconic toy chain that left nearly a half-million square feet of empty retail space in Wisconsin following its liquidation earlier this year.

The group, which includes Solus Alternative Asset Management and Angelo Gordon…

First Citizens, led by Frank Holding Jr., has a history of aggressively making deals.

If you're a Trix cereal fan of a certain age, this could be a good breakfast week for you: General Mills Inc. has brought back the fruit-shaped bits that were a hallmark of the brand for a generation of consumers.

Golden Valley-based General Mills (NYSE: GIS) announced the return of “classic fruity shapes” on its company blog over the weekend, noting that in the past 18 months it received 20,000 requests to bring the 1990s-era shapes back.

The breakfast-cereal cognoscenti went nuts starting Monday.…

Frothy M&A activity in the past week or so has us gasping for air. Here's what you need to know.

LCNB Corp. has named a new president of the bank and the holding company as a potential future successor to the CEO.

The boards of LCNB (Nasdaq: LCNB) and LCNB National Bank promoted Eric Meilstrup to president Oct. 1, taking over one of the titles from CEO Steve Foster.

Meilstrup has been an executive vice president and member of LCNB National Bank’s executive team for the past 15 years. He’s been with the bank for 30 years. His roles over the years have included overseeing deposit operations,…

The automotive industry is among the big winners in the new trilateral trade deal, a local expert said.

Evans Bank N.A. has set an opening date – or rather, two openings dates – for its first Buffalo central business district branch.

The Main Court Building location at 438 Main St. will open to the public starting Thursday, Oct. 25, followed by a grand opening scheduled to take place Monday, Oct. 29. Traditional account openings and transaction services will be available, plus commercial insurance, investments and employee benefits.

Evans is the banking subsidiary of Evans Bancorp Inc. (NYSE:…

Why St. Louis stocks lag

Birmingham credit unions have continued to post gains in assets, loans and members over the past year. Check out the BBJ's new List to see which local companies are seeing the strongest numbers in each category.

In 2014, 36 banks collected more than $100 million deposits in Middle Tennessee. Four years later, 32 of those lenders have seen double-digit local deposit growth, according to a Nashville Business Journal analysis of federal data.

That's notable because deposit growth is top of mind lately for the area's banks, particularly as increased competition has intensified the pressure on banks to pay more for their clients' dollars. As a result, industry insiders argue it's becoming more difficult for…