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.
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.
U.S. Bancorp plans to lay off 35 employees in its downtown Milwaukee office, citing "consolidation and automation."
Calvin B. Taylor Bankshares Inc. in Berlin, Md., disclosed that its board has reinstated a stock repurchase program that had been dormant for nearly two years.
First Bancshares Inc. in Hattiesburg, Miss., said Monday that it had expanded along the Gulf Coast after buying eight branches that had belonged to Whitney National Bank.
WSFS Financial Corp. in Wilmington, Del., has hired Paul D. Geraghty as its chief wealth officer.
Atlantic Coast Financial Corp. in Jacksonville, Fla., said in a regulatory filing last week that Robert J. Larison Jr. is retiring as its chief operating officer.
BBVA Compass plans to take a small first step into South Florida this spring, by opening a branch in Miami.
Happy Bancshares Inc. in Canyon, Texas, has agreed to acquire Signature Bancshares Inc. in Dallas.
S1 confirmed Friday that its planned merger with Fundtech has been terminated. But S1's board still does not want the company to be bought by ACI Worldwide, which has made repeated hostile bids for S1 in recent weeks.
Fiserv will begin personalizing chip payment cards based on the EMV standard. These cards feature a micro-processing chip that stores cardholder data more securely than magnetic stripes do.
Wells Fargo Insurance Services said Friday that it had acquired an employee benefits brokerage and consulting firm in Hazlet, N.J., Procomp Benefit Resources.
