Americas

Farmers & Merchants will pay $89 million for the parent of Bank of Geneva.

One community bank decided it can build closer relationships with business clients by hosting events to help them learn how to fortify their cyberdefenses.

The Oakland bank has raised $25 million through a private placement of common stock.

The Michigan company had been operating under the supervisory agreement since 2010.

CO-OP Financial Services is currently pilot testing the new data-driven tool with credit unions in its shared branching network.

Craig Kauffman had been a regional executive for Susquehanna Bancshares and BB&T.

Jacobs Asset Management, which expressed frustration over a slow turnaround at MidSouth, said it could launch a proxy battle at next year's annual meeting.

Cook has been with the credit union since 2015, and his appointment to the top job follows months of tumult after the previous CEO was fired in March.

More than 100 staffers at the Allentown, Pa.-based credit union took to the picket lines in a dispute with management over compensation and benefits, forcing the credit union to temporarily close at least two branches.

American Express is entering the arena of wearable payments in offering the Amex Band to cardholders attending the US Open tennis tournament in New York.