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Park National in Newark, Ohio, has agreed to pay $500,000 to settle Securities and Exchange Commission allegations that its loan-loss accounting underplayed credit problems at a troubled acquisition.
September 26 -
The $2.2 billion-asset company disclosed in a regulatory filing that it redeemed $12.2 million, the remaining half of its SBLF shares, on Sept. 22 at a liquidation value of $1,000 each for $12.4 million.
September 26 - New York
When the movie "Equity" arrived in theaters with women in the leading roles as Wall Street executives Barbara Byrne had her name in the credits. The project is just one of the distinctive ways that Byrne, Barclays' vice chairman of investment banking, has been promoting gender diversity. She is motivated to make a difference and tries to choose projects that will have a big impact.
September 25 -
Meet JPMorgan Chase's new general counsel. Stacey Friedman, a tough financial litigator who also fights for social justice, is the only woman to serve as the general counsel of a systemically important U.S. bank. From crisis-era legal strategy to a recent failed grade on a living will, she embraces every challenge. But one of her proudest accomplishments is unrelated to banking: a pro bono case she helped win to stop a ban on same-sex couples adopting children.
September 25 -
Some bankers are proud of making it through the financial crisis. Imagine doing that while also contending with a huge personal crisis. Karen Glenn, the chief executive of a Kentucky community bank, is a single mom of twin boys. She had just made it through a major health issue with one of her sons, when the other was diagnosed with cancer.
September 25 - Alabama
Rosilyn Houston couldn't have known it at the time, but the year she spent caring for her toddler son while he underwent treatment for leukemia would have a profound impact on the trajectory of her career.
September 25 -
Centric Financial is one of the few publicly traded banking companies with women in the chief executive and chief financial officer roles. Centric is also distinctive for its enviable growth and performance. Those two facts are not purely coincidental, according to President and CEO Patricia Husic.
September 25 -
First Bancorp in Southern Pines, N.C., has terminated loss-share agreements tied to a pair of failed-bank acquisitions.
September 23 -
Only a dozen banks still owe the government Troubled Asset Relief Program money, and an unspecified number of others including Reliance Bancshares in St. Louis owe investors who bought their Tarp balances. But Reliance has made problem loans vanish and has a credit line in hand to help retire its $62 million Tarp-related debt.
September 23 -
The $8.3 billion-asset CVB said Thursday that it would pay $57.5 million in cash and stock for the $416 million-asset parent of Valley Business Bank.
September 23




