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.
Even Google's Motorola Mobility has agreed to work with the telecom consortium on mobile payment technology.
National Bancshares Corp. in Orrville, Ohio, will promote an insider to replace David Vernon, who plans to retire as president and chief executive at the end of the year.
Think Finance has hired William A. Kontgis as chief information officer to help develop products for the unbanked.
Premier Bank & Trust in North Canton, Ohio, said that that Office of the Comptroller of the Currency has lifted a consent order after the bank recapitalized and addressed concerns over certain assets.
Amid criticism over its planned acquisition of the U.S. online banking unit of ING Group NV, Capital One Financial Corp. has agreed to add 500 jobs in Delaware by December 2013.
The prepaid card marketer Green Dot said Monday that it had joined the Payment Card Industry Security Standards Council to participate in the standards-setting process.
The Atlanta Development Authority is shuttering a new homebuyer assistance program because the program's servicer, Bank of America, has decided to exit the correspondent lending business.
From the Department of "Who Knew?" … Music publishers and even soap makers have a better chance at an M&A frenzy than bankers these days, according to a research firm.
SunTrust Banks Inc. in Atlanta said Friday that it has repurchased more than 4 million warrants it issued to the Treasury Department three years ago as part of its participation in the Troubled Asset Relief Program.
The Office of the Comptroller of the Currency has issued cease-and-desist orders against Intercredit Bank in Miami and Border Capital Bank in McAllen, Texas, citing credit and capital concerns.
The Financial Services Roundtable board said on Friday that Paul Smocer has been named president of its technology policy division, BITS.
Shareholders at Nara Bancorp and Center Financial have approved the planned merger of the two Los Angeles companies.
Battered by losses on soured loans, First Place Financial Corp. in Warren, Ohio, said this week that it is planning to restate its earnings for its past three fiscal years.
Great Southern Bancorp Inc. in Springfield, Mo., said Wednesday that had repurchases a series of warrants held by the Treasury Department as part of the Troubled Asset Relief Program.
Rutger Schellens will rejoin ABN Amro as head of financial institutions and real estate within the bank's large corporate and merchant banking business on Nov. 1 after nine years away from the company.
Britton & Koontz Capital Corp. in Natchez, Miss., said in a regulatory filing Wednesday that it was amending its previous financial statements for the three- and six-month periods that ended June 30.
Ecommerce software company Rearden Commerce has raised $133 million in new funding from investors Citigroup Inc., JPMorgan Chase & Co., and American Express Co.
State Street Corp. has agreed to purchase a Boston brokerage firm, Pulse Trading Inc.
Australia and New Zealand Bank will implement Fundtech's Global CASHplus for cash management in 11 countries throughout the Asia-Pacific region.
American Express has purchased Sometrics, a company that facilitates payments within electronic games using virtual currency, in a deal worth $30 million, the company confirmed Tuesday.
