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Bank of New York Mellon has agreed to pay $14.8 million to settle Securities and Exchange Commission allegations that it used its internship program to violate the Foreign Corrupt Practices Act.
August 18 -
Activist investor Joseph Stilwell is demanding that Carroll Bancorp in Sykesville, Md., pick up the pace on stock buybacks.
August 18 -
The recapitalization will allow City National Bank to continue as a certified Community Development Financial Institution, the bank said.
August 18 -
First State Associates in Hawarden, Iowa, has agreed to buy Miner County Bank in Howard, S.D. The banks expect the deal to close later this quarter or early in the fourth quarter.
August 17 -
Astoria Financial in Lake Success, N.Y., has named a former Citigroup banker a director of business banking.
August 14 -
Foothills Community Bank in Dawsonville, Ga., has named John Lewis interim chief executive.
August 14 -
Information technology firm Infosys and digital payments company Payveris have partnered on a new service for bill payment and money management for credit union and community bank customers.
August 14 -
Empire National Bank in Islandia, N.Y., has named former Commerce Bank president and chief executive Robert Falese to its board.
August 14 -
DoverPhila Credit Union, a Dover, Oh.-based credit union with more than 35,000 members, has started using CAMS-ii core processing software provided by R.C. Olmstead of Powell, Oh.
August 12 -
Codorus Valley Bancorp in York, Pa., has given Chief Executive Larry Miller the additional title of chairman, after its longtime chair retired.
August 12