A thrift company says it won a proxy vote last
IBS Financial Corp. said last week that the final tally from its annual
They had been challenged by two backed by shareholders led by activist
Mr. Seidman, who owns 7.7% of the $750 million-asset thrift's stock, is
A judge prohibited IBS from seating its candidates until the court
"We are disappointed that Mr. Seidman is unable to accept the wishes of
Candidates of the dissident group lost a previous shareholder vote.
The Dallas-based regional bank tapped a client for its copilot capabilities, where employees can message a bot instead of a human to get tech assistance.
Leaders of ORNL Federal Credit Union are piloting Zest AI's new artificial intelligence-powered assistant to ensure equitable underwriting practices and measure performance against similar institutions.
Powered by younger, affluent cardholders, American Express saw a 6% increase in billed business during the first quarter, while weak growth still plagues its small-business segment.
For the better part of the past decade, the Federal Reserve Board in Washington has played a more active role in presidential searches by regional reserve banks. The shift seems to have made the system more diverse, but some argue it's at the expense of regional bank independence.
Beth Johnson, a self-described math geek, is driving the bank's ESG strategy and training its employees to keep pace with industry trends.
The Cleveland-based bank is projecting steady growth in net interest income even as credit losses remain manageable. But Chairman and CEO Chris Gorman also said that he thinks a recession is likely.
