Scott Custer is leaving Live Oak Bancshares in Wilmington, N.C.
The $3.4 billion-asset Live Oak disclosed in a
Custer
Custer, who ran Yadkin Financial before its 2017 sale to F.N.B. Corp. in Pittsburgh, joined Live Oak
Custer is set to become the chairman of Dogwood State Bank, a
A Live Oak spokeswoman said in July that Custer planned to
There were some intriguing ideas at the event, but whether they'll take off remains to be seen.
New York's attorney general announces MoneyGram will pay a civil fine to settle a lawsuit over its handling of remittance payments; Swedish buy now/pay later lender Klarna is getting into the telecom business; Truist Financial has hired Charles Alston to lead its new nonprofit hospital, higher education and government banking team; and more in this week's banking news roundup.
Deputy Treasury Secretary Michael Faulkender says Basel capital rules need to fit the U.S. economy and avoid discouraging banks from lending.
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Lipkin, who built Valley National Bancorp from a small community bank into a regional institution with 200 branches in four states, passed away this week at age 84.
Financial markets were shaken but not stirred this past spring, according to the Federal Reserve, as swinging stock prices and bond yields did little to bring down elevated asset prices or leverage.
