Top stories

Berkshire Hills' abrupt CEO departure could suggest possibility for a sale

Already facing concerns about credit quality and trading at a steep discount to book value, Boston-based Berkshire Hills Bancorp Inc. now must contend with the sudden departure of its top executive.

Visa prices $500M green bond, names chief sustainability officer

Visa Inc. priced its first green bond issuance, offering $500 million of notes due Aug. 15, 2027. The company also named Douglas Sabo its first chief sustainability officer.

Bloomberg launches proprietary ESG scores

Bloomberg Inc. launched proprietary environmental, social and corporate governance scores. The offering includes environmental and social scores for 252 companies in the oil and gas sector, and board composition scores for more than 4,300 companies across multiple industries.

Bank of America, Wells Fargo among US banks with high retail exposure

Fintech firms' Q2 earnings results improve over Q1

Investment banks report mixed earnings for Q2

More highlights

* Dallas-based Triumph Bancorp Inc. has raised concerns regarding a portion of the assets acquired in its deal with Covenant Logistics Group Inc. unit Transport Financial Solutions.

* Optimism among small businesses in the U.S. deteriorated more than expected in July amid the ongoing uncertainty about the COVID-19 crisis, the National Federation of Independent Business reported.

* San Francisco-based broker BTIG LLC hired Michael Papazis as a director within its investment banking division.

Chart of the day

Gary Norcross of Fidelity National Information Services Inc. earned $27.7 million in total compensation in 2019, making him the highest-paid CEO of a U.S. financial technology or payments company and one of eight CEOs in the industry to receive at least $20 million in compensation.

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How Mexican banks plan to hone efficiency ratios