NEW ENGLAND
Fleet Financial Group, Boston, has promoted Patrick F. McAuliffe to
Mr. McAuliffe's group is responsible for the client relationships in
Mr. McAuliffe was a senior credit officer and senior vice president for
A federal appeals court agreed to have the full bench rehear arguments by the Consumer Financial Protection Bureau's union about whether the Trump administration planned to gut the agency through mass firings.
Daryl Byrd, who led Iberiabank until it was acquired by First Horizon, has assembled an investor group to acquire MC Bancshares and its subsidiary, MC Bank & Trust Co. in Morgan City, Louisiana. Byrd will become CEO.
Nine banks and lenders were impacted by the yearslong, $923 million fraud enterprise, according to an indictment of top Tricolor executives. The banks were not publicly named, but JPMorganChase, Fifth Third, Barclays, Louisiana-based Origin Bancorp and Texas-based Triumph Financial have said they would take write-downs.
The National Institute of Standards and Technology's preliminary draft helps banks integrate artificial intelligence into their existing security strategies.
The regulator signed off on the transaction just two months after the banks applied to merge.
The Department of Justice wants Federal Reserve Chair Jerome Powell to state if the central bank is profitable again and can, therefore, fund the Consumer Financial Protection Bureau.
