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.
If you run a bank in New York City, be advised that Jack Kopnisky is aiming to steal away some of your best lending officers now that his bank has an agreement to buy one of your local rivals.
Provident New York Bancorp in Montebello said Wednesday that it has agreed to acquire Gotham Bank of New York for roughly $40.5 million in cash.
Pulaski Financial Corp. in St. Louis said Tuesday that profits in its fiscal-year first quarter fell 3% from a year earlier, to $3 million, due to a slowdown in mortgage activity.
The president and chief executive of First South Bancorp Inc. in Washington, N.C., is stepping down after more than three decades as its leader.
Banco Bilbao Vizcaya Argenteria of Madrid and Google have teamed up to offer forecasts on economic activity for certain sectors within Spain.
IBM has unveiled new collaboration software and services that will allow companies to apply analytics to their internal communications and store data in the cloud.
Mariner Real Estate Management, a Kansas real estate investment and management firm, has acquired a 25% stake in a loan portfolio totaling about $101 million from the Federal Deposit Insurance Corp.
PremierWest Bank in Medford, Ore., said Friday that it will close one-fourth of its branches to lower expenses as it struggles to return to profitability after more than three years of losses.
Fifth Third Bancorp has promoted Mike Collins to area investment manager for the Butler County region of Cincinnati and Western Ohio, its second such move in less than a month.
Ping An Bank hopes the new system will improve customer service, operations and risk management.
Banks' risk managers are growing more concerned about the stability of the student loan market and fear that delinquencies on most types of consumer loans will increase in the coming months, according to a FICO survey.
AlixPartners is at it again, adding Frank Sui as a managing director in its financial services practices. It's the second such hire the business advisory firm has made in the last six weeks.
Total System Services Inc. said Thursday that it had added two executives to its senior management group.
A higher loan-loss provision and a drop in interest income drove VSB Bancorp Inc.'s fourth-quarter earnings down 66%, to $162,668, from a year earlier.
Regions Financial Corp. has entered into a long-awaited agreement to sell Morgan Keegan & Co. and related affiliates to Raymond James Financial Inc. for $930 million.
Susquehanna Bancshares Inc. in Lititz, Pa., said it expects to complete its acquisition of Tower Bancorp in Harrisburg, Pa., on Feb. 17 after securing regulatory approval.
Two community banks have recently implemented products, including mobile check capture and a rewards app, from Malauzai Software.
App lets institutional clients view portfolio and benchmark information on their tablet.
Washington Federal Inc. in Seattle said Wednesday that its fiscal-year first-quarter earnings jumped 36% from a year earlier, to $33.4 million, due to lower credit expenses.
Bank is letting customers bank on their Amazon Kindle Fire devices.
