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.
PremierWest Bancorp (PRWT) of Medford, Ore., will lay off staff in support areas and not fill vacant positions as it continues to implement cost-cutting measures.
Seoul's Hana Financial Group no longer plans to acquire a 51% ownership stake in Saehan Bancorp of Los Angeles.
Eileen Bagnoli made the right move when she chose teller job at Pioneer over a teaching post 40 years ago.
JPMorgan Chase (JPM) has donated $5.5 million to the University of Colorado Denver Business School to open a center for the study of commodities.
The OCC's approval clears First Niagara to close its deal for 195 branches in New York and Connecticut by May 18, CEO John Koelmel says.
Jefferson’s deal for Carrollton Bancorp is part of the PE-backed company’s plan to expand to $1 billion of assets, which CEO Cashen says is a must in today’s world.
Northern Trust (NTRS) is preparing for several changes to its leadership, including the retirement of vice chairman Sherry Barrat at the end of June.
The Office of the Comptroller of the Currency has lifted a memorandum of understanding with the banking unit of First PacTrust Bancorp (BANC) of Irvine, Calif.
TD is investing in a massive brick-and-mortar expansion even as its U.S. competitors increasingly question the future of the traditional storefront.
Peapack-Gladstone Financial (PGC) of Bedminster, N.J., has paid $110,000 to repurchase the warrant it issued to the Treasury Department as part of the Troubled Asset Relief Program.
Clairmail is offering a new mobile banking product for mid-tier regional banks, community banks and credit unions.
The Open Data Center Alliance has begun defining IT requirements for cloud computing solutions.
Washington Federal of Seattle is bulking up in Oregon with an agreement to buy South Valley Bancorp of Klamath Falls for up to $72.7 million in cash and stock.
Mercantile Bank (MBWM) of Grand Rapids, Mich., has repurchased about $10.5 million of the preferred stock it issued to the Treasury Department as part of the Troubled Asset Relief Program.
Yodlee has added money movement and risk mitigation capabilities to its personal financial management system.
The prepaid card marketer Green Dot (GDOT) has completed its acquisition of the location-based deals company Loopt.
United Community Financial (UCFC) of Youngstown, Ohio, will once again raise fresh capital to meet the requirements of a regulatory order.
Toronto-Dominion Bank has a secret weapon in its aggressive plans for international growth: sunny television personalities Regis Philbin and Kelly Ripa.
The Federal Reserve Board has terminated a written agreement with First Bancshares that prevented the Cold Spring, Minn., company from paying dividends without approval.
Citigroup has named Michael Helfer, who has served as its general counsel and corporate secretary for nine years, as vice chairman. Rohan Weerasinghe, a senior partner at the law firm Shearman & Sterling, will succeed Helfer.
