Jacob Passy is a reporter with National Mortgage News, covering breaking news in the residential mortgage industry. Passy has been with SourceMedia since 2015 and previously served as a breaking news reporter for American Banker. His work has appeared in numerous publications including CNBC, NBC News and the Wall Street Journal's Speakeasy blog. He is a graduate of the CUNY Graduate School of Journalism and Tufts University.
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Banc of California in Irvine has named executives to the newly created positions of chief strategy officer and chief investment officer.
By Jacob PassyNovember 10 -
- New York
M&T Bank has begun dismissing former Hudson City Savings Bank workers in New Jersey, following the completion of its acquisition of the company.
By Jacob PassyNovember 9 -
National Bank Holdings in Greenwood Village, Colo., has negotiated an early termination of the loss-share agreements that backed up its acquisitions of two failed banks.
By Jacob PassyNovember 9 -
Electronic payments technology provider Verifone has entered into an agreement to buy Payment as a Service provider InterCard AG.
By Jacob PassyNovember 9 -
- Minnesota
U.S. Bancorp has been hit with a consent order regarding deficiencies in its anti-money laundering compliance program.
By Jacob PassyNovember 6 -
First Guaranty Bancshares in Hammond, La., has decided to again test the market for an IPO. The $1.4 billion-asset company in December postponed a stock offering that would have raised around $65 million, as concerns mounted about the impact the slide in oil prices would have on the bank.
By Jacob PassyNovember 6 -
M&T Bank has expanded its leadership in the metro New York region after completing its acquisition of Hudson City Bancorp.
By Jacob PassyNovember 6