Amsouth Bank, Birmingham, Ala., has promoted John M. Gaffney to
He will be in charge of the bank's 40 branches in the five-county
Mr. Gaffney had been Birmingham commercial banking manager since 1994.
Comerica Bank and Trust in Palm Beach Gardens, Fla., a subsidiary of
Ms. Croff had held the same titles in SunTrust Bank South Florida's
Renee Quinn, an assistant vice president and private banking officer in
Ms. Quinn, who has more than 20 years of financial services experience,
At the banks' annual meetings, shareholders at both companies struck down proposals that would have split the board chair and CEO roles. Two other proposals also failed to win shareholder support, one concerning energy financing and another on pay gap analysis.
Congressional Review Act resolutions are ramping up ahead of the 2024 election cycle. Experts say that, although none are likely to become law, the resolutions are still powerful messaging and political tools.
The ABA is testing an information-exchange network to allow banks to share their fraud data with each other. Companies including Baselayer are also building solutions.
Republicans on the House and Senate Small Business committees are accusing the SBA of being irresponsible in granting Funding Circle permission to participate in its flagship loan-guarantee program.
Strong consumer spending and cross-border activity drove an 8% increase in Visa's total payments volume during the first quarter of the year, although Asia's economic recovery is taking longer than expected.
Mastercard launches service to fight instant-payment fraud, EU may green-light Apple's NFC-access plan, and more.
