Tanaya Macheel

MUFG Americas Holdings in New York, the holding company for California's Union Bank, has named Kanetsugu Mike chairman of the holding company and bank.

BB&T in Winston-Salem, N.C., will close five National Penn Bancshares branches in Pennsylvania after it completes its acquisition of the Allentown, Pa., company.

Santander Bank has hired Siobhan Schroth as market director for corporate and commercial banking in New York and New Jersey.

Four Oaks Fincorp in Four Oaks, N.C., has named Deanna Hart chief financial officer of the company and its bank.

The rankings of the Most Powerful Women in Banking and Finance include some familiar faces (KeyCorp's Beth Mooney of course), but also plenty of newcomers (including U.S. Bancorp's Kathy Rogers, JPMorgan Chase's Thasunda Duckett and Wells Fargo's Yvette Hollingsworth Clark). We also look at efforts to bring more women into boardrooms and have an op-ed by the CEO of HSBC USA.

Premier Financial Bancorp in Huntington, W.Va., has hired a former BB&T executive as its bank president and chief executive.

Following the Federal Reserve Board's approval of enhancements to its automated clearing house service that will require financial institutions to process same-day payments, credit union trades expressed concern about the potential impact on small CUs.

The U.S. made a big jump toward "faster payments," as the Federal Reserve Board approved enhancements to its automated clearing house service that will require its banks to process same-day transactions.

The Federal Reserve Board has approved enhancements to its automated clearing house service that will require its banks to process same-day payments.

Atlanta-based bitcoin payment processor BitPay has suffered a phishing attack costing the company $1.8 million.