banking – NC Business Desk

Companies & People

Huntington leases two more floors for Charlotte regional headquarters

CHARLOTTE - Huntington National Bank has leased two additional floors at One South, doubling its regional headquarters footprint to four floors as the bank expands across the Carolinas.

September 29, 2026

Companies & People

Bank of America plans 1,000 apprentices, $150 million workforce push

CHARLOTTE — Bank of America will hire 1,000 additional apprentices nationwide over two years and commit $150 million over five years to workforce-development organizations.

September 25, 2026

Companies & People

M&F rejects rival proposal ahead of Optus merger vote

DURHAM — M&F Bancorp rejected a rival proposal offering $12 cash plus preferred stock per share as an Oct. 7 vote on its Optus merger approaches.

September 24, 2026

Economy & Workforce

Regional Acceptance plans eastern NC closures affecting 253 workers

GREENVILLE - Regional Acceptance plans permanent closures affecting 253 employees across its Greenville and Winterville operations, according to new state WARN records.

September 17, 2026

Companies & People

Truist agrees to $5.5 billion loan sale, exits near-prime auto lending

CHARLOTTE - Truist agreed to sell $5.5 billion in auto loans and exit near-prime auto lending as part of a broader strategic review.

September 17, 2026

Companies & People

Bank of America receives 29 workforce management awards

CHARLOTTE - Bank of America received 29 Brandon Hall Group Human Capital Management Excellence Awards for 2026, including 20 Gold and nine Silver awards.

September 14, 2026

Companies & People

First Citizens completes acquisition of 138 BMO branches

RALEIGH - First Citizens Bank completed the acquisition and conversion of 138 BMO branches, adding about $5 billion in deposits and $650 million in loans.

September 13, 2026

Companies & People

HomeTrust agrees to buy Blue Ridge Bankshares for $448.1M

ASHEVILLE - HomeTrust Bancshares has agreed to acquire Blue Ridge Bankshares in an all-stock transaction valued at approximately $448.1 million.

September 7, 2026

Companies & People

Huntington names Charlotte-based Vakharia to combined marketing, digital role

CHARLOTTE - Huntington Bank has named Ameesh Vakharia executive vice president and chief marketing and digital products officer, putting the Charlotte-based executive over a newly integrated organization.

September 6, 2026

Companies & People

Bank of America joins 21-member group planning global stablecoin

Bank of America is among 21 financial institutions planning a global stablecoin venture that targets a U.S. dollar product launch in the first half of 2027.

September 6, 2026

Companies & People

Bank of America to redeem $2B in senior notes

CHARLOTTE - Bank of America will redeem $2 billion in senior notes on Sept. 15, including $500 million of floating-rate debt and $1.5 billion of fixed/floating-rate debt.

September 5, 2026

Companies & People

Michael Lyons takes over as Truist president and CEO

CHARLOTTE - Michael P. Lyons became president and chief executive officer of Truist Financial and Truist Bank on Sept. 1, succeeding William H. Rogers Jr.

September 4, 2026

Tag: banking