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Commerce Bancshares in Kansas City, Mo., has promoted John Kemper to president and chief operating officer. The $22.2 billion-asset company said Friday that Kemper succeeds his father, David, who remains its chairman and chief executive.
February 11 -
Generation Mortgage has unveiled a new platform for originations called Orchestrator, which it says is an Internet-based system that improves service for companies that originate loans on Generation's behalf.
February 8 -
NUVO Bank in Springfield, Mass. Plans to raise up to $5 million in capital.
February 8 -
Moody's (MCO) chief executive told investors Friday he is unaware of plans by federal and state officials to sue the company for allegedly misleading investors in the run-up to the housing crisis.
February 8 -
Carver Bancorp (CARV) in New York ended a drought by posted a profitable fiscal third quarter.
February 8 -
More banks besides Royal Bank of Scotland (RBS) are expected to be fined for manipulating the London interbank offered rate, Reuters reported Thursday, citing sources familiar with a bilateral investigation.
February 7 -
Banks with at least $10 billion in assets approved 15.3% of loans between $25,000 and $3 million in January, up from 14.9% in December and from 11.7% a year earlier, according to an index published Thursday by Biz2Credit
February 7 -
In its latest billboard ad, the Colorado bank is comparing itself to an institution that makes nearly anyone look good.
February 7 -
A swiftly evolving threat from cyberattacks has business leaders feeling rattled.
February 7 -
Core banking software vendor Jack Henry is adding smartphone check deposit to its goDough software.
February 7 -
Renasant in Tupelo will buy First M&F in Kosciusko in a merger of Mississippi banks.
February 7 -
The Cincinnati company is teaming up with an Oregon placement agency to help its unemployed mortgage customers find jobs and, it hopes, get caught up on their monthly payments.
February 6 -
Taking fire from the enemy is hazardous, but for soldiers who save money it offers at least one financial perk.
February 6 -
The U.S. government has padded its return on aid to Citigroup (NYSE:C) during the financial crisis.
February 5 -
Forcht Bank in Lexington, Ky., is set to open its first in-store branch. The $950 million-asset bank has an agreement to open a branch inside a Kroger grocery store in Louisville, Ky., the Business First Journal reported in its online edition Tuesday.
February 5 -
The nation's biggest asset manager now owns roughly 6% of the outstanding stock in UMB, the companies disclosed in Tuesday filings with the Securities and Exchange Commission.
February 5 -
U.S. Bancorp has promoted longtime executive Elliot Jaffee to head its commercial banking division.
February 5 -
Ally, the former lending arm of General Motors, reported earnings of $1.4 billion in the fourth quarter after a $206 million loss a year earlier.
February 5 -
First Horizon National in Memphis, Tenn., has expanded its dealings in municipal bonds.
February 5 -
U.S. financial institutions may see their reporting burdens rise as a result of a law designed to prevent taxpayers from hiding funds offshore.
February 5
