Bank regulators should improve their collection of data on information security incidents at financial institutions and facilitate better information-gathering about industrywide cyber threats, the U.S. Government Accountability Office said Thursday.
The chairman and chief executive of Santander Consumer USA Holdings has resigned, as the subprime auto lender remains under scrutiny for its lending and securitization practices.
First National Bankers Bankshares in Baton Rouge, La., has agreed to buy Independent Bankers' Bank of Florida for $1.9 million.
Salin Bank & Trust in Indianapolis has named a new chief executive after Bill Salin II, son of the bank's founder, announced his retirement.
BOK Financial has hired Glenn Brunker to oversee mortgage operations and manage the bank's transition to a new federally-required consolidated mortgage disclosure regime.
Cadence Bank in Birmingham, Ala., has closed three branches in Alabama and plans to close five more in Mississippi and Texas, the Birmingham News reported.
PNC Financial Services Group in Pittsburgh has named former Walgreens Chief Executive Gregory Wasson to its board.
The Consumer Financial Protection Bureau is generally coordinating with prudential regulators on supervisory issues to avoid duplicating responsibilities, but communication between the agencies can still be improved, the CFPB's watchdog said Thursday.
Multiple banks are reporting fraudulent activity on cards used at hotels owned by real estate magnate, reality TV star, and now controversial presidential candidate Donald Trump.
Providence Bank in Columbia, Mo., has acquired Community First Bancorp in Fairview Heights, Ill.
Diane Bailey Morton was named the $1.6 billion-asset C1's chief human capital officer and general counsel, while Dustin Symes will head up retail lending operations.
First Choice Bank, in Cerritos, Calif., has raised $30 million from a secondary stock offering.
South Shore Bank in South Weymouth, Mass., has named new chief executive and chief operating officers.
Clifford Isroff, the lead director of FirstMerit in Akron, Ohio, died Tuesday after a long illness. He was 79.