Atlantic Bay Mortgage Group has agreed to buy a majority stake in Virginia Community Bank in a rare instance of a nondepository mortgage company buying a bank, rather than the reverse.

Banks planning to shift parts of their operations from London to other European cities because of Brexit will have to increase salaries because of a skills shortage, according to the head of a recruitment company.

As real estate loans continue to be a key product, CUs are investing in personnel focused on these offerings.

Union Bankshares in Virginia lost several key lending officers after it bought StellarOne. Management as a result has made changes to minimize employee flight from its latest M&A target, Xenith Bankshares.

Outside counsel for Wells Fargo accidently sends files on wealthy customers to opposing lawyer in defamation case; White House wants agency’s consumer complaint database to be private.

The branch manager was terminated after she reported conduct by at least three private bankers working under her that she believed to be bank, wire and mail fraud.

A regulatory plan to create new restrictions on banks’ executive compensation practices appears dead — but changes since the financial crisis may have made the proposal largely obsolete anyway.

Various departments will be realigned or consolidated and staff will shrink by attrition in the agency’s first large-scale restructuring since 2003.

Readers question acting comptroller Noreika, weigh in on SoFi’s charter application, defend Trump’s exit from the Paris Accord, and more.

Payments company rises as hot premium cards fly under its banner; despite the improvements, analysts have concerns about growing credit quality issues.

Distribution based on deposit, loan relationships with the credit union in the first half of 2017.

Credit unions are hiring and promoting new loan officers to ramp up a key area of their operations.

The ride-sharing service Uber is reportedly considering hiring a female chief executive to help it move past the reputational damage it suffered under ousted co-founder Travis Kalanick.

A profile of New York's top cop for banking offers insight into her thinking on hot regulatory issues; the women behind the machine learning at Morgan Stanley and UBS see a future with better advice; plus, Jane Austen and the new Doctor Who.

One CU taps a new CFO and other leadership changes throughout the industry.

More than a dozen mostly multinational banks have started using a business diagnostic tool to measure inclusivity of LGBTQ staffers. RBC Capital Markets says the insights have shaped its recruitment and retention strategy.

A community bank gets taken to task by the Equal Employment Opportunity Commission. Tennis player Andy Murray makes his mom — and lots of other women — proud at Wimbledon. Also, the Bank of England's Charlotte Hogg and Morgan Stanley's Naureen Hassan.

What's more, loan officers' pay has dropped. At work behind these surprising trends is a blend of economic forces, technological change and pressure on banks and credit unions to pay entry-level employees better.

What's more, loan officers' pay has dropped. At work behind these surprising trends is a blend of economic forces, technological change and pressure on banks to pay entry-level employees better.

TruStone taps a pair of new leaders, a CEO earns honorary degree and more credit union executives in the news.