Location Root Tag

New York Attorney General Eric Schneiderman has filed a complaint alleging Barclays PLC (Barclays) has deceived electronic trading investors.

Bank of America (BAC) plans to lay off 540 more mortgage employees in Charlotte, N.C.

BancorpSouth (BXS) in Tupelo, Miss., has named a new president as part of a broader redesign of its management structure by Chief Executive Dan Rollins.

ALEXANDRIA, Va. — The individual at the center of a fake Internet-based credit union and that cost investors millions pleaded guilty Wednesday in federal court here.

Simmons First National (SFNC) in Pine Bluff, Ark., must sell one branch as part of its acquisition of Delta Trust & Banking in Little Rock, Ark.

The Senate Banking Committee approved Julian Castro, the mayor of San Antonio, on Wednesday to head the Department of Housing and Urban Development.

TRAVERSE CITY, Mich. — Members Credit Union here and Bay Winds FCU plan to merge.

U.S. Bancorp (USB) in Minneapolis has hired a president and chief executive for its asset management subsidiary.

Opus Bank (OPB) in Irvine, Calif., is turning its health care banking into a national operation.

City National Bank in Los Angeles has agreed to sell its retirement services business to OneAmerica, an insurance and asset management firm.

BALTIMORE — Bert Hash Jr., longtime president and CEO of MECU of Baltimore Inc., retired after 17 years at the helm of the now $1.2 billion credit union.

First Citizens BancShares (FCNCA) in Raleigh, N.C., has decided on the management team that will run the company after it buys First Citizens Bancorp. in Columbia, S.C.

Spencer Savings Bank in Elmwood Park, N.J., has agreed to buy the banking operations of New Jersey Manufacturers Insurance.

State Bank Financial is in no rush to extract costs from Georgia-Carolina Bancshares, preferring instead to take its time in an effort to retain the best employees and clients.

People's United Bank in Bridgeport, Conn., expects to raise $400 million through an offering of subordinated debt.

Peapack-Gladstone Financial (PGC) in Bedminster, N.J., has named Kevin Runyon as executive vice president of information technology.

Opus Bank (OPB) in Irvine, Calif., has launched a small-business banking division.

MOUNTAIN VIEW, Calif. — Credit unions should partner with members to battle all the mobile banking attacks that will likely strike the United States following the first major mobile security threat to hit the nation earlier this month.

Philip W. Tomlinson, CEO of Total Systems Services (TSYS), will retire on July 31. He will be succeeded by M. Troy Woods, the company's president and COO.

Green Bancorp in Houston has filed to raise $100 million by going public. The company said in its filing that it plans to use $8 million of the IPO's net proceeds to partially pay for its pending $46 million acquisition of SP Bancorp in Plano, Texas.