Corporate governance

Bank M&A started off with a bang this year, with eight of the 10 biggest deals taking place in the first six months. North Carolina and Florida accounted for six deals on the list.

Prince Alwaleed bin Talal, who is the largest shareholder of Citigroup and has been detained since early November in a corruption probe, faces a demand from Saudi Arabian authorities of at least $6 billion to win his freedom, according to a report in The Wall Street Journal.

Former top commercial mortgage-backed securities strategist Trevor Murray accused the Swiss lender of illegally firing him in 2012 for blowing the whistle on attempts by traders to influence his research reports.

The seven-member council, formed in the wake of the fake-accounts scandal, will advise Wells on social issues, such as diversity, environmental sustainability and the needs of underserved communities.

The acquisition will give LCNB its first branch and deposits in the Columbus, Ohio, market.

Peter Scher, global head of corporate responsibility, will join JPMorgan’s operating committee, effective immediately, the company said Thursday.

Small Michigan CU will merge into BlueOx Credit Union of Battle Creek.

The Connecticut-based credit union gave $100 cash bonuses to all 5.326 members who participate in its Gold Rewards program

Heritage Commerce will pay $32 million for Tri-Valley in a deal that should be accretive to tangible book value and earnings.

The merger is the next step in a process which has seen NWCUA managing the Idaho league since Jan. 1, 2017.

The Wisconsin-based corporate credit union will pay out a 7 percent return to members, a new record for the CU.

Fox Communities Credit Union supported Small Business Saturday with a savings app and a shopping contest.

Amalgamated in New York wants to enter several left-leaning cities across the country, but it might be tough to find more like-minded banks to buy.

The company agreed to buy PBB Bancorp in Los Angeles just five weeks after completing its last bank acquisition.

Trellance is designed to offer credit unions innovation on programs and services.

For two weeks only, Michigan State University FCU used a holiday pop-up shop to test a new way to boost awareness of the credit union.

The market for initial public offerings was the best since 2014, reflecting a surge in bank stocks and a need to fuel expansion plans.

Southeastern Trust is being sold to a group led by the unit's management team.

The planned purchase of Home BanCorp will nearly double the size of First Citizens' branch network in the Sunshine State.

The company has agreed to buy Kansas Bank Corp. and Adams Dairy Bancshares in separate transactions.