MANHASSET, N.Y. - Wesley Lindow, former president of Charter New York
He was 84 years old.
Mr. Lindow was chairman of Dorset Group, publishers of National Mortgage
He was head economic analyst for the Treasury Department during World
The parent company of Heartland Bank and Trust plans to acquire a smaller bank based in Carlinville, Illinois. The acquisition would give the buyer added heft in Central Illinois, as well as the Chicago and St. Louis metro areas.
Six trade groups warned the administration layoffs and funding freezes could dampen lending, threatening the administration's goal of economic growth.
The Boston-based bank is the second bank in three months to face pressure to sell by the activist investor group HoldCo Asset Management.
Comptroller of the Currency Jonathan Gould said in an interview with American Banker that his agency is looking at whether its own internal guidance may have contributed to a climate where banks feel the need to "cite everything" to avoid supervisory penalties.
AlumniFi, the digital banking arm of Michigan State University's official credit union, is now an official bank partner for the NCAA's Big East conference.
A failure at an Amazon Web Services data center in Virginia caused widespread outages, hitting services at several banks and fintechs.
