Analysis-Rate cuts to accelerate US banks' move to higher-yielding investments

U.S. banks are selling low-yield securities and investing in higher-yield ones as interest rates fall, improving profitability and liquidity amid ongoing Federal Reserve rate cuts.

Earnings call: Banc of California posts mixed Q3 results, eyes growth

Factbox-Top US regional bank deals in 2024 as consolidation gathers pace

U.S. regional bank mergers are rising as banks strengthen balance sheets; notable deals include First Busey's acquisition of CrossFirst for $916.8 million.