Jackie Stewart is the executive editor of American Banker Magazine. Previously, she covered breaking news, community banks and mergers and acquisitions for American Banker before being named as the managing editor of the Credit Union Journal. After graduating from Northwestern University in 2006, Jackie taught for two years in the Bronx, N.Y., through Teach for America.
Trustmark National Bank has purchased a web-based check capture and processing product from Fiserv.
Wells Fargo has hired Terese Rowe, an expert in credit risks tied to fruit, fish and other agribusinesses, to head one of its ag-related units in anticipation of increased world demand for food.
First BanCorp in San Juan, Puerto Rico, reported its second straight quarterly profit. The company earned $19.1 million in the third quarter, compared with a net loss of $24 million a year earlier.
Camco Financial (CAFI) in Cambridge, Ohio, has extended its rights offering deadline by one day because of the effects of Hurricane Sandy.
Operations began to return to normal for several large banks on Wednesday in areas hard hit by Hurricane Sandy.
GoldenSource has partnered with Compliance Technologies International to develop an end-to-end Foreign Account Tax Compliance Act product for financial institutions.
Community & Southern Bank in Atlanta is launching a mobile banking app that includes a mobile deposit feature.
EMC has agreed to buy Silver Tail Systems, a privately held company that helps clients fend off fraudsters and Web-based attackers.
Operations began to return to normal for JPMorgan Chase and Bank of America on Wednesday in areas hard hit by Hurricane Sandy.
First Midwest Bancorp (FMBI) in Itasca, Ill., reported a third-quarter loss after it too steps to resolve $223 million of nonperforming and potentially problem loans.
An increase in mortgage banking revenue contributed to an increase in third-quarter earnings at BOK Financial (BOKF) in Tulsa, Okla.
The retail services unit of Alliance Data Systems (ADS) has signed a long-term agreement to provide a private-label credit card program for RainSoft, a company that sells water and air purification products.
EMC (EMC) has agreed to buy Silver Tail Systems, a privately held company that helps clients fend off fraudsters and Web-based attackers.
BNC Bancorp (BNCN) in High Point, N.C., reported lower third-quarter income because of costs related to recent acquisitions.
Swift, the international payment messaging group that has long sought to increase membership among "corporates," announced that more than 1,000 corporations have joined its corporate treasury user community.
PremierWest had to sell because it could not raise the "sizable" amount of capital it needed to go on, its CEO says.
Heartland Financial (HTLF) in Dubuque, Iowa, reported that third-quarter earnings more than tripled from a year earlier.
State Bank Financial in Atlanta has named one of its founding shareholders and current board member as its vice chairman and president.
An increase in commercial lending boosted quarterly earnings at Provident New York Bancorp in Montebello, N.Y.
The Treasury Department has appointed C. Wayne Crowell to the board of Intervest Bancshares (IBCA) in New York.
