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.
BancorpSouth (BXS) of Tupelo, Miss., has agreed to pay customers $1.75 million to settle a class-action lawsuit related to its overdraft fees.
StellarOne (STEL) in Charlottesville, Va., has started searching for a new president and chief executive after O.R. Barham Jr. notified its board that he would retire at the end of 2013.
Sandy Spring Bancorp to outsource receivables this spring.
Sound Financial in Seattle turned a smaller profit in 2011 than it first reported after its auditors advised it to set aside additional funds for potential loan losses.
Citigroup (C) has added to William Howle's responsibilities by naming him head of commercial banking for the U.S.
South Korean security company AhnLab finds almost half the online banking trojan's domains are in the U.S.
MasterCard will offer a new tool to help merchants mitigate the risk of fraud in online transactions.
Mackinac Financial (MFNC) in Manistique, Mich., will raise up to $18 million through a common stock rights offering and a securities purchase agreement with an investor.
Green Bancorp in Houston is bulking up in the Dallas area with a deal to buy Opportunity Bancshares in Richardson, Texas.
The Federal Reserve Bank of Dallas has named longtime staffer E. Ann Worthy as its new head of banking supervision.
The Federal Reserve Board has terminated a written agreement with the former Cadence Financial about a year after the Starkville, Miss., company was acquired.
Alliance Data Systems (ADS) has renewed a long-term agreement to manage the private-label credit card program for luxury goods retailer Little Switzerland, according to an announcement Tuesday.
Provident New York Bancorp (PBNY) in Montebello has added its fifth commercial banking team in the New York City market since January.
Dashboard lets asset managers see top holdings, top capital flows and workflow statuses without having to run reports.
Meta Financial Group (CASH) of Storm Lake, Iowa, has agreed to pay $2.1 million to settle a class-action lawsuit with investors related its former high-interest, small-balance loan program, iAdvance.
British regulators found the private bank didn't properly identify "politically exposed persons."
BankAtlantic Bancorp (BBX) said in a regulatory filing that it will change its name to BBX Capital as part of its deal to sell its thrift to BB&T (BBT) in Winston-Salem, N.C.
Regulators have lifted an informal agreement with the banking unit of MainSource Financial Group (MSFG) in Greensburg, Ind.
First Banks of Clayton, Mo., is exiting Florida roughly four years after it entered the state with the acquisition of the troubled Coast Financial Holdings.
In what would be just the second acquisition in its 49-year-history, FNB Bancorp in South San Francisco has struck a deal to buy Oceanic Bank Holding in San Francisco.
