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.
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.
Southern National Bancorp of Virginia (SONA) has received a warning from the Nasdaq that the McLean company is not in compliance with listing requirements after it failed to file an annual report.
Cross County Federal Savings Bank in Middle Village, N.Y., is converting to a state charter from a federal charter.
The Securities and Exchange Commission has accused Wells Fargo & Co. of failing to produce documents relating to an investigation of the bank’s mortgage-backed securities. Wells called the SEC's subpoena enforcement action "inappropriate and unwarranted."
Community West Bancshares in Goleta, Calif., has yet another chief executive, marking its third CEO in less than a year.
The Federal Reserve Board has entered into written agreements with two community banks: Remer Bancorp. in Minnesota and Orrstown Financial Services in Shippensburg, Pa.
Regulators have terminated a memorandum of understanding with a banking unit of Banner Corp. after the Walla Walla, Wash., company returned to profitability for 2011.
Bank hopes to gain a common customer view across all products.
Steve Bartlett, who has run the Financial Services Roundtable trade group for 13 years, will retire at the end of the year.
Fifth Third Bancorp (FITB) expects to gain up to $71 million from the initial public offering of payment processor, Vantiv (VNTV).
Constellation Energy Group Inc. (CEG) has agreed to provide Eastern Bank in Boston with "green" electricity for the next three years.
BankAtlantic Bancorp Inc. (BBX) of Fort Lauderdale, Fla., said Thursday that it has canceled plans for a potential capital raise after reaching a new deal to sell its thrift to BB&T Corp. (BBT)
Commerce in Worcester, Mass., has agreed to buy the parent of Mercantile Bank & Trust Co. in Boston for $26.5 million in cash.
The state of Hawaii is considering using federal stimulus money to create a "clean economy bank" that would make low-interest rate loans to clean energy companies.
MoneyGram International has named a new chief financial officer and an executive to oversee emerging markets.
San Diego County Credit Union is now offering a range of mobile banking services through Fiserv's Mobiliti and Mobile Source Capture products.
