Americas

Gulf Winds FCU immediatley assumed the failed credit union's members and deposits.

H. Palmer Proctor has been the Atlanta company's president since 2004.

Mike Newman, CEO of Monroe County Community CU, suffered a heart attack while shoveling snow.

Devon Bank in Chicago has a long history serving immigrant groups in one of the nation's most diverse neighborhoods. Right now, its clients are worried about President Trump's actions on immigration and deportation.

Paytm, the Indian mobile payments startup backed by Alibaba Group Holding Ltd., has begun its global expansion by launching a mobile bill and tax payment service in Canada.

The Financial Consumer Agency of Canada will review the business practices of the country's banks after reports of tellers allegedly pressuring customers to buy products to meet sales goals.

Scott Heitkamp is encouraged by a more positive tone coming from President Trump. His goal in the next year is to make regulation easier for his fellow bankers.

Capital Bank Financial in Charlotte, N.C., is working with advisers to explore a sale after receiving an unsolicited approach, people familiar with the matter said.

Operating from Kansas, payments processor Euronet Worldwide has been working furiously—and quietly—on a way to disrupt China-based Ant Financial's deal to buy Dallas-based MoneyGram ever since news broke in January.

The cuts punctuate the end to a rapid expansion period at the company, which now seems to be prioritizing profitability over growth.