OptimumBank in Fla. Approves Reverse Split, Capital Raise
May 20, 2013 Shareholders of OptimumBank Holdings have approved a reverse stock split aimed at preserving the Fort Lauderdale, Fla.,...

Huntington Offers MasterCard for Commercial Clients
May 20, 2013 Huntington Bancshares in Columbus, Ohio, has introduced a new MasterCard for business clients as it seeks to expand its card...

National Regulatory Services Updates Compliance-Education Program
May 20, 2013 National Regulatory Services, a maker of compliance software, has upgraded its ComplianceMAX platform. The software helps...

Sifma Names Former N.H. Senator Gregg CEO, Bentsen President
May 20, 2013 The Securities Industry and Financial Markets Association has named former U.S. Senator Judd Gregg its new chief executive.

Spanish Banker Jailed Over '08 Deal for Florida Bank
May 17, 2013 Miguel Blesa, a former executive of Caja Madrid, is in Spanish prison after being accused of arranging to buy Florida's City...

Hampton Roads in Va. Names Chairman
May 17, 2013 Hampton Roads Bancshares (HMPR) in Virginia Beach, Va., has named Charles Johnston chairman.

OCC's April Enforcement Actions Hit 11 Banks
May 17, 2013 The Office of the Comptroller of the Currency took regulatory action against 11 financial institutions and terminated orders...

Wave Rolls Out Password-Free Authentication
May 17, 2013 Wave Systems has developed a system for online authentication that relies on verifying a user's device ID.

Sierra Vista in Calif. Receives $1.5M Investment
May 17, 2013 Sierra Vista Bank in Folsom, Calif., has added $1.5 million in capital from the Taylor International Fund.

Republic First in Pa. to Open Third N.J. Branch
May 16, 2013 Republic First Bancorp in Philadelphia is continuing its push into southern New Jersey.