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.
The Consumer Bankers Association has bulked up its staff, announcing four new hires across several areas.
Provident New York Bancorp (PBNY) in Montebello has raised roughly $46 million to help fuel its expansion in the New York City area.
Canadian Imperial Bank of Commerce (CM) has agreed to buy MFS McLean Budden's private-wealth business.
Huntington Bancshares (HBAN) in Columbus, Ohio, will redeem roughly $114.3 million in trust-preferred securities next month.
Hampton Roads Bankshares (HMPR) is on the verge of a $45 million rights offering, the second phase of the Norfolk, Va., company's $95 million capital-raising effort.
When designing new apps for tablets, banks are anticipating longer user sessions for more leisurely activities, a strategy that new research from Keynote Competitive Research suggests is spot on.
BNC Bancorp (BNCN) has readied itself in case the Treasury Department opts to include the High Point, N.C., company's shares in an upcoming auction of securities tied to the Troubled Asset Relief Program.
Monarch Bank in Chesapeake, Va., will launch a new wealth management unit as it looks to expand in Virginia.
International Bancshares (IBOC) in Laredo, Texas, posted lower quarterly earnings because of shrinking margins and changes in the regulatory environment.
Eagle Bancorp (EGBN) in Bethesda, Md., has filed a new shelf registration that would allow it to raise up to $125 million.
A small Kansas bank will significantly increase its assets with a deal for an even smaller Missouri bank.
First PacTrust Bancorp (BANC) suffered some growing pains in the second quarter on higher noninterest expenses.
A private-equity firm has plans to acquire a large stake in TriState Capital Holdings, a Pittsburgh company cofounded by a former state regulator.
SunTrust Banks (STI) in Atlanta will offer a new loan program that allows borrowers to refinance their existing private student loans.
It took more than a year for First PacTrust, which was new to the M&A game, to get banking regulators to approve its deal for Gateway Bancorp. The deal is scheduled to close in two weeks.
City Holding in Cross Lanes, W.Va., continues to bulk up in Virginia, announcing late Thursday that it is buying Community Financial in Staunton for $26.1 million in stock.
Community Bank System will close five branches in September. Three of the targeted branches are ones that First Niagara acquired from HSBC and then sold to Community Bank in July.
The banking unit of American Bancorporation in St. Paul, Minn., has plans to shutter at least its third branch of the year by the end of this month.
Telecom consortium Isis has authorized FIME to approve devices for its mobile payment scheme.
Ocwen Financial in Atlanta reported record levels of revenue in the second quarter after almost doubling the size of its mortgage servicing portfolio in the last 12 months.
