Lead bank


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Lead bank

A senior bank involved in the negotiations for a project financing.

Lead Bank

An investment bank responsible for underwriting an issue of securities. The term is especially applied to an investment bank managing several investment banks in underwriting a project. The lead bank usually charges a larger fee for its services than other banks.
References in periodicals archive ?
These aggregate trends are consistent with the trends in the average share of the credit that the lead bank retains on its balance sheet.
South Carolina Bank and Trust is the lead bank in a three-bank holding company.
National City Bank is the lead bank of National City Corporation, a $29 billion diversified financial services company headquartered in Cleveland.
In Sant's new position, he will have direct, overall responsibility for the $910 million total asset size lead bank in addition to his holding company position.
Lis, secretary of NBD Bancorp and cashier of the bank, were named senior vice presidents of the holding company and the lead bank.
Steve O'Hara, CEO of Angelica, said, "After reviewing various financing alternatives, this amended facility proposed by LaSalle Bank, the lead bank in our group, was the most competitive in the marketplace.
Hall most recently served as vice president and division head of the multinational-west division for National City Bank, the lead bank of National City Corporation (NYSE: NCC).
Shannon, currently senior executive vice president and chief credit officer of the corporation, will become president of Dauphin Deposit Bank and Trust Company, the lead bank.
NEW YORK -- Following its consolidation with Bank of the West, the lead bank subsidiary of BancWest Corporation, Fitch withdraws the issuer ratings of Community First Bankshares and Community First National Bank.
Eight directors from Ameritrust, including Smith, will join the Society Corporation Board shortly after the merger and several other Ameritrust directors will join the board of Society National Bank, Society's lead bank based in Cleveland, when Society National Bank and meritrust's lead bank, Ameritrust Company, N.
McNeece, who has been serving as president and CEO of First National Bancorp, and the company's lead bank, the $850 million-asset First National Bank of Gainesville, has been elected chairman of the board of First National Bancorp.
Hill is expected to be elected as President and Chief Executive Officer of the Corporation and its lead bank at the next full meeting of the Board of Directors.