Jacob Passy

Marsha Williams' appointment at the $141 billion-asset company takes effect immediately. Williams has been on Fifth Third's board since 2008.

The Society for Worldwide Interbank Financial Telecommunication (Swift) has created a service to help financial institutions comply with requirements governing payments messaging.

Wells Fargo will soon begin offering its employees paid parental leave. Wells will also offer paid critical caregiving leave and a backup adult care program.

Citizens National Bank in Henderson, Texas, has agreed to buy Kilgore National Bank in Kilgore, Texas.

Fifth Third Bancorp has confirmed that it offered some of its employees buyouts to reduce costs.

Banc of California in Irvine has agreed to sell its wholly owned investment adviser subsidiary, The Palisades Group.

Citi has expanded its ThankYou Rewards program to allow its reward points to be used directly for purchases at BestBuy.com.

The majority of first-time homebuyers plan to skip the starter-home step and move straight into the home that would meet their long-term needs, according to the Homebuyer Insights Report from Bank of America.

Bank of New York Mellon has hired a new chief operating officer for its markets business.

Financial Institutions in Warsaw, N.Y., is facing a proxy battle from an activist investor intent on taking two board seats.