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.
Avidbank in Palo Alto, Calif., will open a loan production office in downtown San Jose next week.
Private Bank of Buckhead in Atlanta has been given the green light to open its second branch.
Mortgage lender using new mortgage origination system.
After seeing record growth in remittances last year, Wells Fargo (WFC) has doubled its remittance network payout locations in India through an agreement with HDFC Bank.
Order and portfolio management and portfolio performance measurement tools created for Swiss private banks are being sold in the U.S.
HomeStreet (HMST) of Seattle has extended a housing assistance program to the Spokane, Wash., area.
Bank of America Merrill Lynch has introduced an iPad application for its corporate treasury clients using the online payment and invoicing system, Paymode-X.
Crestmark Bancorp of Troy, Mich., has purchased the working capital loan portfolio from First Citizens Bank and has entered into partnership with the Raleigh, N.C., company.
Cambridge Savings Bank in Massachusetts said that Robert Wilson, its president and chief executive, has taken a medical leave.
In what would be its first acquisition since its founding in 2007, fast-growing First Virginia Community Bank has agreed to buy 1st Commonwealth Bank of Virginia.
Although they can’t see customers’ held-away investments, three quarters of financial advisors give advice about these assets anyway.
The Federal Reserve Board has lifted a written agreement with Baylake Corp. that required the Sturgeon Bay, Wis., company to improve its asset quality and earnings.
Experian will offer a new product that assesses the creditworthiness of consumers with little or no traditional credit history.
Sallie Mae has introduced new rewards for its relaunched Upromise World Mastercard, which is now issued by Barclaycard US.
Regions Financial (RF) in Birmingham continues to beef up its specialty lending capabilities, announcing Tuesday that it has hired three bankers to join its restaurant, healthcare and technology and defense banking groups.
KeyCorp (KEY) Chairman and Chief Executive Beth Mooney is not swearing off acquisitions, but she made clear Tuesday that they remain low on her list of priorities.
Zions Bancorp. (ZION) will auction off up to $200 million of senior notes this week to repay its federal aid or other debts.
Autonomous Research in London has recruited Guy Moszkowski and Brian Foran to start its U.S. unit later this year.
Chexar Networks has agreed to acquire Clear Payments of Nashville, Tenn.
Georgetown Bancorp in Massachusetts has snagged two JPMorgan Chase (JPM) bankers for its mortgage origination team.
