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.
Citigroup (C) has added to its collateral management product, OpenCollateral, an option for automated collateral position reconciliation through Swift.
Waypoint Real Estate Group, an investment firm focused on foreclosed homes in the U.S., has secured a $65 million loan from Citigroup (NYSE:C) to buy additional properties to turn into rentals.
Buffalo-based M&T is offering myriad alerts and customizations of alerts, including "do not disturb" windows in which the bank should leave the customer alone.
Broadway Financial (BYFC) in Los Angeles has increased its 2011 loss by 45%, to $15.4 million, after restating its financial results.
The payment software company plans to add Distra's services-oriented solution to its portfolio.
Zions Bank in Salt Lake City is trying to get hip — and some new customers — by producing an online reality show called "Cheapsters," in which college students compete in dumpster-diving, cooking and other games to prove who is the most frugal.
Small LowellBank is turning to Jack Henry for teller automation and online bill pay as well as core automation.
Diebold has located two new data centers in Verizon's Terremark facilities in Richardson, Texas, and Manassas, Va.
Zions Bancorp. (ZION) is hopeful that it will exit the Troubled Asset Relief Program in late September or early in the fourth quarter.
The Apple iPhone 5 expected to give smartphone sales a boost in the second half of 2012.
The deal lets Fifth Third extend its "smart-safe" service to more retailers, helping them manage their cash more efficiently.
National Bank Holdings in Greenwood, Colo., plans to raise up to $180.9 million after completing an initial public offering.
Broadway Bank in San Antonio is continuing its growth northward with plans to open several branches around Austin, Texas.
The $169 million-asset bank will buy two branches from Community South Bank in Parsons, Tenn., the Nashville Business Journal reported Monday. TriStar will assume certain deposits and assets of branches in Columbia Spring Hill from the $497 million-asset Community.
The Republican candidate for Senate says her opponent violated ethics rules when he accepted a loan from the bank in 2008.
William E. Griffin, a founder and former chairman of Hudson Valley Holding (HVB), has died, the company said Friday. Griffin was 79 and had suffered from a long illness.
Colony Financial (CLNY) in Los Angeles seeks to raise as much as $150.9 million through a common stock offering and use the funds to repay a revolving credit facility.
Bank of the James Financial Group (BOTJ) in Lynchburg, Va., has raised $10 million through a private placement of unregistered debt.
Hancock Holding Company in Gulfport, Miss., has named Deborah Conrad, a veteran international banker, as manager of its new export-finance group.
SunTrust Banks (STI) unveiled several major balance-sheet moves Thursday, including the final disposition of its longtime holdings in Coca-Cola (KO) and a $375 million provision for mortgage-repurchase losses.
