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.
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.
Online banking customers for King's Town Bank in Taipei, Taiwan, can now send and receive Western Union money transfers internationally.
Broadway Financial Corp. in Los Angeles said Wednesday that it once again complies with Nasdaq listing requirements after filing its third-quarter earnings with the Securities and Exchange Commission.
Following a shift of its Treasury services function to another Federal Reserve bank, the Federal Reserve Bank of Cleveland has eliminated all but a handful of job at its Pittsburgh branch and is selling its 80-year-old building in that city's downtown.
StellarOne Corp. in Charlottesville, Va., has repurchased the remaining $22.5 million in preferred stock it issued under the Troubled Asset Relief Program.
Add NorthEast Community Bank in White Plains, N.Y., to the growing list of federally chartered thrifts converting to state charters.
Receivables Exchange said Wednesday that it is working with Insperity to provide live receivables auctions to more small and medium U.S. businesses.
Morgan Stanley said Tuesday in a filing that more than a third of the 1,600 layoffs it announced earlier this month may be in New York City.
A Plano, Texas, check-imaging technology provider has settled its federal patent infringement claims against U.S. Bancorp for undisclosed terms.
A Florida holding company formed in 2008 to buy troubled banks has struck another deal in the Tampa Bay area after calling off its previous acquisition.
The Federal Home Loan Bank of Chicago has received the go-ahead from its regulator to begin repurchasing stock from its member banks.
