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Regional bank bids farewell to Downtown May 30

ABiz takes a look back at the most noteworthy moments for the local banking industry over the last year.

Most experts say short-term interest rates will be unchanged through 2014, but long-term rates are inching up.

In a press release issued Wednesday, BancorpSouth announced a deal to acquire Knox Insurance Group of Lafayette.

Following its acquisition of Teche Holding Co. in January, IberiaBank filed paperwork Monday with the Louisiana Workforce Commission for the layoff of 97 workers at Teche Federal’s corporate headquarters in New Iberia.

A robo call asking banking customers for their personal information is a scam, according to a press release issued Tuesday by Lafayette PD.

IberiaBank, in a deal announced Tuesday, is acquiring the Dallas-based First Private Bank of Texas.

According to Teche’s annual shareholder report and proxy statement, top exec Patrick Little’s cut will equal a payout of $18.49 million.

iberia teche carouselIberiaBank President and CEO Daryl Byrd says a total of eight branches overlap in Baton Rouge, Lafayette and New Iberia. Closings will include both banks' locations.

IberiaBank Corp. is acquiring Teche Holding Co. in deal valued at $161 million, officials announced Monday morning.

madoff carouselAlready beset by other costly legal woes, JPMorgan Chase & Co. agrees to pay more than $2 billion for ignoring obvious warning signs of Bernard Madoff’s massive Ponzi scheme.

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