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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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 -
EnerBank USA in Salt Lake City has chosen Charlie Knadler to succeed Louise Kelly as president and chief executive after her retirement next month.
By Jacob PassyNovember 5 -
National Bank Holdings in Greenwood Village, Colo., has filed an application to convert NBH Bank from a national association to a Colorado state-charted bank.
By Jacob PassyNovember 5 -
WEX has selected Roberto Simon to become the fleet card company's next chief financial officer.
By Jacob PassyNovember 5 -
Wells Fargo has agreed to pay $81.6 million to settle a federal investigation into its alleged failure to properly notify homeowners of increases in their mortgage payments.
By Jacob PassyNovember 5 - California
Bank of the West has reached an agreement to become the official bank of its neighbor across San Francisco Bay, the University of California, Berkeley.
By Jacob PassyNovember 4