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Greg Seibly guided Sterling through the financial crisis before engineering its sale to Umpqua Holdings in 2014. He had most recently served as CEO of the Federal Home Loan Bank of San Francisco.
February 6
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JPMorgan Chase is staking its consumer-banking strategy on digital technology. In 2020, that push will be spearheaded by a new team of executives.
February 6
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Michael Cleary will report to Scott Powell, who had been his boss at Santander Bank.
February 6
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Think Finance, which had teamed with tribal lenders to offer high interest installment loans, could no longer make or collect on loans in states that have caps on interest rates, under terms of a proposed settlement with the Consumer Financial Protection Bureau.
February 6 -
The bank’s top shareholders want the chairman to quit if he won’t support the CEO; HSBC expected to go forward with job cuts while searching for permanent boss.
February 6
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Organizers of Triad Business Bank have raised enough capital and have received approval from the FDIC.
February 5
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The new features use automatic transfers to encourage account holders to build savings faster and with less effort.
February 5
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The Mississippi company will pay $49 million for Traders & Farmers Bancshares.
February 5
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An intraparty rift went public Wednesday over legislation that would impose a 36% rate limit on all consumer loans. Critics are concerned it would cut off minority borrowers’ access to small-dollar loans and hurt some community banks.
February 5
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Anticipating a weaker economy and added pressure on stock prices, banks authorized more repurchases of outstanding shares last year.
February 5
