Jacob Passy

Walker rejects sections of state budget that would expand payday lenders' authority.

Signature Bank in New York has partnered with Financial Software Solutions to expand the products and services that it offers bankruptcy trustees.

Gov. Scott Walker sided with banking and other financial groups that opposed legislation letting payday lending companies offer insurance, annuities and other financial products.

Larry Otto has jumped ship from the second-largest bank in St. Louis to the largest.

Signature Bank in New York has formed a subsidiary to specialize in municipal finance and hired three executives for the division.

Capital One Financial has purchased another digital design studio as it works to deepen its reach in Silicon Valley.

Verifone has brought on two new executives to head up its Asia Pacific and China regions on the heels of its disappointing results in those markets.

S&T Bancorp in Indiana, Pa., has promoted Jim Mill to chief information officer. In the newly created position, Mill will oversee the $6 billion-asset company's technology infrastructure and maintain its progress in offering new products.

Digital money transfer provider Xoom has introduced an instant mobile reload service that allows consumers to send airtime credit online from the U.S. to prepaid mobile phones abroad.

JPMorgan Chase is looking to lower its overhead by shifting more than 2,100 jobs from New York City to New Jersey.