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Jamie Dimon, who survived a shareholder proposal in 2013 to split his chairman and chief executive officer roles atop JPMorgan Chase (JPM), won't face the same threat this year.
February 21 -
Silicon Valley Bank and MasterCard Inc. launched the Commerce.Innovated. accelerator to find and nurture innovators in payments technology.
February 21 -
Citigroup Inc. (C), the third-largest U.S. bank, gave Chief Executive Officer Michael Corbat a 25 percent pay raise to about $14.4 million for 2013, his first full year running the firm.
February 20 -
Enterprise Financial Services (EFSC) in Clayton, Mo., has promoted an executive to lead its commercial banking efforts.
February 20 -
Guernsey Bancorp in Westerville, Ohio, has terminated an agreement to buy Ohio State Bank in Marion.
February 20 -
Umpqua Holdings and Sterling Financial are paying Banner $7 million to take the branches. Though negative bids are uncommon in healthy bank deals, it seems like a small price to get regulators to bless a $2 billion merger.
February 20 -
An industry leader discusses advances in collections methodologies - including the creation of effective collections infrastructure, innovations in the field and the major factors driving change in collections strategies.
February 20 -
Once written off as an endangered species, nonbank home lenders are making a comeback in the third-party origination businesses abandoned by banks since the financial crisis.
February 20 -
Experian Automotive announced Thursday that consumers continued to make their loan payments on time in Q4 2013. Automotive loan 30-day delinquencies were down 3.5 percent (going from 2.72 percent in Q4 2012 to 2.63 percent in Q4 2013), and 60-day delinquencies remained flat at 0.74 percent.
February 20 -
The Consumer Financial Protection Bureau's crackdown on mortgage servicers' operations will increase the pressure on lenders to improve their processes, paperwork and communications with borrowers. American Banker journalists discuss how both banks and nonbank servicers can get ahead of the new regulatory scrutiny.
February 20




