WASHINGTON - (12/19/05) Troy Stang, who left the Texas leagueto joined the Treasury Dept.s office of CommunityDevelopment Financial Institutions, said he will leave Treasury onDec. 30. I believe now is the right time for my transitionfrom public service at Treasury to the next chapter of myprofessional career, said Stang. During thistransition, I look back on the many accomplishments for the agencyand the financial institutions in our country. Stang, who atone point was rumored to be a potential nominee to the NCUA board,did not indicate what his immediate plans are.
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Research, insights and data on how banks and financial institutions are using AI can now be found in a new location on American Banker.
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The regulator argues the plans were costly, too theoretical and ineffective, eliminating the financial crisis-era requirement as part of the Trump Administration's deregulatory push.
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Thomas Owens, Trustmark's current chief financial officer, will take over as chief operating officer on May 1. The COO position has historically been a pathway to the top job at the Jackson, Mississippi-based bank.
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Will Artingstall, global head of digital asset payments and ecommerce solutions within Citi's Services business, sat down with American Banker to discuss the firm's banking-as-a-service business and how it fits into its larger corporate payments strategy.
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The bank's planned $142 million acquisition of Affinity Bancshares comes as war-related uncertainty appears to have slowed the industry's appetite for mergers.
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American Banker data finds that a majority of executives investing in technology expect payments enhancements in the immediate future as well as further out.
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