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.
Despite an overall lack of optimism about the U.S. economy, small-business owners are growingly increasingly more confident that sales at their own firms will pick up this quarter, according to a survey released Thursday by TD Bank.
Clemson football fans like to er, decorate, $2 bills with the logo of their beloved Tigers, but South Carolina bankers say the shift to electronic payments and other factors (don't mention this week's Orange Bowl score) could stamp out the show of loyalty.
Offers loan originators a range of software and services.
Wells Fargo & Co. has promoted John Epstein to executive vice president in its community lending and investment department.
Mission Community Bancorp in San Luis Obispo, Calif., has repaid more than $5.1 million in federal aid it received under the Troubled Asset Relief Program.
SVB Financial Group in Santa Clara, Calif., is expanding its banking unit to Arizona by opening an IT and operations facility in Tempe this year.
PacWest Bancorp in Los Angeles has completed its acquisition of a specialty equipment leasing company from Meridian Bank in Wickenburg, Ariz., for $35 million in cash.
Consultancy Beyond the Arc will use Attensity's filtering technology in its services.
CoBank in Denver has completed its merger with U.S. AgBank in Wichita, Kan., creating an $85 billion cooperative bank in the Farm Credit System.
Bank of New York Mellon's sale of its Shareowner Services business to a Melbourne, Australia, firm will lower its profits in the fourth quarter, but will bolster its capital levels going forward.
JPMorgan Chase's securities unit has been hit with two separate lawsuits in recent days — by MassMutual and U.S. Bancorp — alleging that it misled investors about the quality of mortgage-backed securities it sold at the height of the housing boom.
1st Capital Bank in Monterey, Calif., said Tuesday that it has selected First Data for its online banking services.
Two acquirers tied up some loose ends Friday as the yearend approached.
HomeTrust Bank in Asheville, N.C., will convert from a mutual thrift to a stock-owned bank in order to raise capital for future organic growth and possible acquisitions within North Carolina.
PointBank is looking to replace lost checking-account revenue by boosting its social media presence.
Fifth Third Bancorp in Cincinnati has hired Gregory "Scott" Palmer to serve as area investment manager in the Greater Chicago region.
St. Joseph Health System has chosen Northern Trust Corp. to provide custody and related services for its $1.8 billion operating assets.
LendingTools and Viewpointe have teamed up to provide a new settlement option for corporate credit unions.
Pinnacle Financial Partners Inc. in Nashville, Tenn., has moved a step closer toward exiting the Troubled Asset Relief Program.
PointBank in Pilot Point, Texas, is working with fisoc to offer its customers a social media rewards program called BuzzBanking.
