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.
Business advisory firm AlixPartners LLP said Thursday that it had added a risk management expert as a managing director in its financial services practice.
GMAC Mortgage said that it will stop purchasing new mortgage loans in Massachusetts, a day after the state's attorney general sued its parent company for alleged misconduct regarding foreclosures.
Outspoken mobile payments executive, originally from PayPal, has left the banking world for mobile coupon company.
CommunityBank of Texas has appointed a longtime Houston banker as its president.
Ed Willingham, president of the North Carolina company, was elected a director of the Richmond Fed.
Hampden Bancorp Inc. in Springfield, Mass., has promoted its business banking executive to become president and chief operating officer.
Two regulators-turned-consultants, invoking a famous Ronald Reagan quote, are really "here to help" this time.
Fifth Third Bancorp in Cincinnati has appointed a Humana Inc. executive to its board.
Toronto-Dominion Bank and TCF Financial Corp. said Thursday they had completed separate acquisition deals — TD for almost all of MBNA Canada's credit card portfolio, TCF for auto lender Gateway One.
Bank of America Corp.'s relatively new wealth-management unit for mass-affluent consumers is on target to meet growth goals, despite recent shakeups at the company's broader retail bank.
The names of 18 former CapitalBank branches in South Carolina have been changed to Park Sterling Bank.
Union First Market Bankshares Corp. in Richmond, Va., said Thursday that it will redeem preferred stock issued to the Treasury Department as part of the Troubled Asset Relief Program.
Trustmark said late Wednesday that it will pay $22 million for the $247 million-asset Bay Bank, representing about 85% of the seller's tangible book value at Sept. 30.
First BanCorp in Puerto Rico said Wednesday that it had raised about $3.3 million from a rights offering.
The Nasdaq stock market has notified Tennessee Commerce Bancorp Inc. in Franklin that its shares could be delisted for its failure to file timely financial reports.
New Orleans savings bank to deploy core processing, teller and IVR software from the vendor.
The aggressive Massachusetts bank shows there are multiple ways to grow, including acquisitions of banks and talent.
A Maryland bank is planning a $5 million initial public offering, while a Massachusetts mutual holding company is looking to take the second step in its conversion to become fully public.
Bank of the West plans to almost double the size of its small-business banking team during the next year.
The Federal Reserve Board has approved the sale of Home State Bancshares Inc. in McPherson, Kan., to Goering Management Co.
