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.
Hampton Roads Bankshares Inc. in Norfolk, Va., has completed the sale of a Gateway Bank branch to Blue Ridge Bankshares Inc. in Luray, Va.
First PacTrust Bancorp Inc. in Chula Vista, Calif., reported that third-quarter earnings fell 82% from a year earlier, to $506,000, after income from lending fell and expenses jumped.
Two former executives of Orion Bank, Angel Guerzon and Thomas Hebble, were banned from banking by the Federal Reserve Board due to their participation in "unsafe and unsound practices, breaches of fiduciary duty, and violations of law and regulation," the agency said in a press release.
American Express Co. and vente-privee.com on Wednesday launched their joint venture, a website featuring member-only sales of luxury goods from European and American designers.
CFG Community hires Daniel McKew as president two weeks after his resignation from the larger 1st Mariner.
Twenty-eight year veteran gets top role at investment unit.
Maybe James A. Bell can bring a few defense products to JPMorgan Chase & Co. board meetings to deflect some of the vitriol aimed at Wall Street.
CNB Financial Corp. in Clearfield, Pa., said Tuesday that Charles R. Guarino had resigned as the company's treasurer and principal financial officer.
Western Liberty Bancorp Inc. in Las Vegas reported a third-quarter loss of $6.9 million, u 50% from the second quarter, due largely to a noncash goodwill impairment charge.
Chase Card Services said on Tuesday that it offers an online invoicing and cash management system for small-business customers using its Ink product.
Led by Citigroup Inc., insurance units of bank holding companies generated a record $7.9 billion in fees during the first half of this year, up 14% from the same period in 2010.
Online and mobile payments company eWise said on Tuesday that it had appointed Alexandre Gonthier as chief executive in addition to making changes to its board.
USA Technologies reported on Tuesday that it had narrowed its first-quarter loss to $78,954 from a net loss of $1.9 million a year earlier due to increased license and transaction-fee revenue.
United Security Bancshares Inc. reported a loss of $1.3 million in third quarter as the Thomasville, Ala., company continued to be plagued by problem real estate loans.
OmniAmerican Bancorp Inc. in Fort Worth, Texas, reported a five-fold increase in third-quarter earnings from a year earlier, to $1 million, due primarily to improved asset quality.
Nara Bancorp Inc. and Center Financial Corp. said on Monday that they had cleared their last regulatory hurdle for their planned merger after they received approval from the Federal Deposit Insurance Corp.
The Spokane, Wash., bank added a chapter to its comeback story Monday in agreeing to buy the banking operations of an instate rival.
South Valley Bancorp Inc. in Klamath Falls, Ore., has withdrawn its plan to go public, stating in a Securities and Exchange Commission filing that "current market conditions make proceeding with this offering unattractive."
Promontory Interfinancial Network LLC will integrate its Insured Cash Sweep and Certificate of Deposit Account Registry Service with Fiserv Inc.'s Premier bank platform.
A homeowner defense association has accused New York's largest foreclosure law firm of inappropriate behavior and asked the state's top judge to stop any foreclosure cases the firm handles.
