The Latest

First Midwest Bancorp in Itasca, Ill., has hired the former chief financial officer at Fulton Financial, about two weeks after he announced his resignation from the Lancaster, Pa., company.

Democrats are shuffling the deck chairs of the Senate Banking Committee and will have an additional seat on the panel when the 115th Congress convenes in January.

Andrew Jetter is stepping down as the chief executive of the Federal Home Loan Bank of Topeka after serving as the president and the CEO for 14 years.

Democrats are shuffling the deck chairs of the Senate Banking Committee and will have an additional seat on the panel when the 115th Congress convenes in January.

Chris Henson just gained more responsibility at BB&T in Winston-Salem, N.C. Henson, the $223 billion-asset company's chief operating officer, was named its president, effective immediately. He succeeded Ricky Brown, who announced his retirement earlier this year.

Citi Treasury and Trade Solutions has appointed Hubert J.P. Jolly as its global head of payments and receivables, effective immediately.

A Danish company called Cardlay has closed a $4 million funding round to deploy its white label card management solution to banks.

Scholarships, celebrations and more.

Munich-based digital bank technology provider Fidor and Token Inc. have signed a memorandum of understanding to develop services enabling banks to control the way they share data with third parties.

Now that the OCC has proposed a limited-purpose bank charter for fintech companies, a host of innovative new banks will soon flood the market — or maybe not.