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One year after he led the sale of MB Financial to Fifth Third, Mitch Feiger will hand off his duties to his longtime lieutenant, Mark Hoppe, and join Fifth Third's board.
March 5
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The bank said it was Sloan's decision to retire, but a new report from House Democrats reveals that Fed and OCC officials made moves behind the scenes in 2018 and 2019 to pressure the bank's board to remove him.
March 5
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The agency says it is not cutting its workforce but that the new strategy is necessary because it has an unusually high number of workers near retirement age.
March 5
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Credit union groups are hailing the introduction of a bill to change the bureau’s leadership structure, but similar bills have been introduced in the past and gone nowhere.
March 5
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FirstBank, the initial customer of the startup Finxact, sought a modern core system that jibes with fast payments and other new technologies.
March 5
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As part of its financial inclusion campaign, Mastercard has partnered with Moneytrans to launch remittance-linked checking for migrant workers with a goal of obtaining 1 million users by 2025.
March 5 -
The banking regulators have announced that they are postponing next week’s National Interagency Community Reinvestment Conference because of growing health concerns about the virus outbreak.
March 5
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The company said it expects to enter into the order with the FDIC and its state regulator later this month.
March 5 -
Afterpay, whose online installment loans are seeing strong growth in the U.S. apparel sector, has partnered with Oakland, Calif.-based processor Marqeta to develop additional payment products and services.
March 5 -
The South Florida company said Alberto Peraza, who played a key role in its 2018 initial public offering, is leaving for personal reasons.
March 5 -
With International Women's Day on Sunday, March 8, shining a spotlight on female leadership, it's a good opportunity to highlight the 42 dealmakers on Mergers & Acquisitions' 2020 Most Influential Women in Mid-Market M&A
March 5 -
Advance wage access company Branch has partnered with Cardtronics’ Allpoint ATM network to provide surcharge-free cash access at all Allpoint ATMs across the U.S. to its customers.
March 5
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Fintechs like LendingClub and Varo Money illustrate how the traditional financial system is changing. Banks that don’t rapidly evolve with technology will be obsolete.
March 5
Personal Capital -
Zamberlan spent more than four decades in the industry before retiring in 2012.
March 5
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The best community banks layer human-facing services with new technology to beat the heavyweights in their market.
March 5
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The state's Division of Banking, led by a former bank CEO and trade group chief, blocked GreenState CU's move to buy seven branches from First American Bank. It's the second time this year regulators have halted a credit union-bank deal.
March 5
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Banks make emergency preparations as HSBC deals with confirmed case; the changes simplify regulations without posing additional systemic risks, the Fed says.
March 5
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Some companies have begun canceling events as a result of the outbreak, but it remains to be seen whether industry groups will follow suit.
March 5
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In spite of MGM’s quickly notifying hotel guests impacted by the breach in accordance with applicable state laws, it’s a clear concern that many of the contact details were still valid, particularly the phone numbers, says Shared Assessments' Tom Garrabba.
March 5
Shared Assessments -
