John Reosti

Many sellers are ditching the loans to avoid the cumbersome forgiveness process. For others, the Paycheck Protection Program was never a strategic fit.

The New York-area companies' $489 million agreement runs counter to recent merger pacts built around branch cuts and more tech spending.

The Small Business Administration stopped approving loans when the Paycheck Protection Program hit its cap.

First Mutual Holding is buying the tiny Blue Grass Federal and keeping its charter. The deal will allow the seller to save costs and maintain its autonomy.

Professional Bank and Marquis Bank, both of Coral Gables, have been competing against each other for more than a decade. Now they are merging in hopes of landing larger clients and making better use of technology being developed in Professional's innovation lab.