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Both executives assume their new roles as the Citi unit faces competition from both large banks and fintechs in the cross-border payments market.
May 8 -
The administration is prolonging a decision on a permanent director for the agency to keep the interim chief in place until year-end or longer.
May 8 -
Among the findings, credit unions may not be doing enough to protect against malware, which involved in nearly 40 percent of hacking incidents, as well as Trojan botnets and denial of service attacks.
May 8 -
Eric Itambo will become chief banking officer of CoBank, where he will oversee all lending operations.
May 8 -
The Japanese bank, owner of Union Bank in San Francisco, has hired RBC alum Roger Blissett to raise its profile among lawmakers, oversee compliance and build deeper relationships with regulators as its recent charter switch continues to stir controversy.
May 8 -
The restaurant technology is a category-specific move that mirrors a broader strategy at Square, which has spent hundreds of millions of dollars in the past few months to round out its merchant services products.
May 8 -
President and CEO Tom Shoemaker has been interim CEO since October 2017.
May 8 -
The 29-year credit union veteran oversaw a number of big changes and milestones during his tenure, including growing assets from $48 million to $558 million.
May 8 -
Several tough critics of the financial industry are said to be on the shortlist to replace New York's attorney general.
May 8
American Banker -
In letters to the six largest U.S. banks, the Ohio Democrat accused the banking sector of moving call center jobs overseas while reaping benefits from the recent tax cut law.
May 8











