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.
Flagstar Bancorp (FBC) in Troy, Mich., reported that it turned a profit for the first time in four years as noninterest income rose.
Camco Financial (CAFI) in Cambridge, Ohio, is looking to raise up to $10 million through a common shares rights offering to existing shareholders.
Strong loan growth and improved efficiency powered ServisFirst Bancshares in Birmingham, Ala., to its 10th consecutive quarter of record earnings in the quarter that ended June 30.
Provident New York Bancorp (PBNY) in Montebello, N.Y., has established a wealth management services division that will be led by of its top executives.
Lakeland Bancorp (LBAI) in Oak Ridge, N.J., recorded higher second-quarter earnings as credit quality improved and loans increased.
Equity Bancshares in Wichita, Kan., plans to merge its two banking units to reduce expenses.
TimeScape software also enhanced with interactive heat maps for visual data validation.
Fueled by strong loan growth, Comerica (CMA) in Dallas reported earnings of $142 million in the second quarter, up roughly 49% from the same period a year earlier.
Ohio Attorney General Mike DeWine has filed a motion for his state's pension funds to join other pension funds in leading a class-action lawsuit against JPMorgan Chase (JPM) for losses related to its chief investment office.
Westamerica (WABC) in San Rafael, Calif., reported that its second-quarter earnings fell slightly after loans and fee income declined.
Northern Trust (NTRS) announced Monday that it has named a former top official at the Federal Reserve Bank of Chicago as its chief economist.
U.S.-based multinational snaps up Belgian compliance company.
The Mobey Forum works to increase the use of mobile financial services.
U.S. officials were told in April 2008 that banks were possibly underreporting their London interbank offered rate submissions, according to documents released on Friday by the Federal Reserve Bank of New York.
Mobile payment company basing its business model on loyalty programs.
Taylor Capital Group (TAYC) in Rosemont, Ill., said that its bank has hired a former team from LaSalle National Leasing to run a new equipment finance division.
Earnings at Webster Financial (WBS) grew more than 21% in the second quarter from a year earlier, as the Waterbury, Conn., company managed to add loans and transaction deposits.
Former HSBC executive Nancy Pierce will lead Treasury product management for the bank.
The Federal Reserve Board has lifted a written agreement with Tower Financial that required the Fort Wayne, Ind., company to improve its lending and credit administration.
Washington Federal (WAFD) in Seattle reported that its quarterly earnings totaled $35.2 million, up almost 17% from a year earlier despite a drop in net interest income.
