Banking

Michael Fitzgerald, who was selected to lead United Bank, was CEO of Bank of Georgetown for 11 years before it was sold to United.

Call it mutual respect. Bankers from mutually owned British building societies and similarly structured U.S. thrifts recently gathered in New England to address common challenges and share ideas about staying relevant at a time of rapid change in financial services. Here are the takeaways from their meetings.

The Iowa company said that Bruce Lee will take over its top post next month.

Bank executives say artificial intelligence will create jobs, while analysts say the opposite. Employees are anxious but willing to try to work with it. All agree AI is already making an impact.

Employees reportedly unit doctored documents; payments company buys Swedish fintech firm just before it goes public.

The information you need to start your day, from PaymentsSource and around the Web. Today: U.K. turns to fintech experts to battle Brexit losses; Legal weed e-commerce expands; Monzo apologizes for being "late" with Apple Pay; Ethereum's founder has a new project.

Even though legalized cannabis and cryptocurrency payments are still vexing markets by themselves, WebJoint and Alt Thirty Six are quickly looking to take their combined dispensary play to other businesses.

Readers react to Wells Fargo’s CEO slamming the media, weigh in on regulatory relief, opine on gambling and payments and more.

Fintechs attending Consensus 2018, the annual cryptocurrency event, said they found promise for a market still trying to find a path to unified operations and wider acceptance within financial services.

The post-recession boom in auto loans and credit cards for borrowers with marred credit histories has been winding down in recent months.

Banks need to curate and bring many financial services to their customers, says Chris Skinner, author of the new book "Digital Human."

News that Wells commercial banking employees improperly altered client documents will likely embolden the most vocal critics of
CEO Tim Sloan, who they say can't seem to resolve Wells' lingering problems.

Total loans at Old Dominion National Bank have tripled since 2016.

Envestnet's aggregator rolls out PFM features meant to appeal to younger clients — and links to Alexa.

Mick Mulvaney’s recent comments about the CFPB Qualified Mortgage rule have triggered a debate over whether regulators should take into account more than one underwriting model.

Watermark Bank would focus on business banking and entrepreneurs, with technology and concierge services designed to target those customers.

"It was a difficult decision, but we’re at a good spot to do this,” Finch, 55, said in an interview.

When potential sellers are skittish, a merger pitch from a peer who’s been through it can make the difference.

A bill to allow the USPS to offer financial products would be bad for consumers, taxpayers and the banking industry.

The credit union service organization now offers real estate services to a dozen CUs in Florida.