Banking

The $94 billion-asset company said in a press release Monday that it had hired Terry Jenkins as president of Key Private Bank. He is succeeding Tim Swanson, who will remain KeyCorp's chief investment officer.

Fee income and payment of a Home Loan bank advance helped Eagle Financial Services in Berryville, Va., boost its bottom line last quarter.

FICO and TransUnion announced Monday a renewed multi-year agreement to provide FICO scores to the U.S. banking community.

Hong Kong people who invested with a venture describing itself as a bitcoin platform are concerned their money may be gone, according to Leung Yiu Chung, a lawmaker who has taken up their case.

Ohio Valley Financial Group in Henderson, Ky., has merged with BankTrust Financial in Henderson.

Grand River Commerce in Grandville, Mich., has raised $10.7 million through a private placement.

National Recovery Solutions, a Lockport, N.Y.-based accounts receivable company, has increased online payments by 25% and reduced delinquencies by 40% in less than a year by adding a Virtual Negotiator to its debt collection team.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

Protests by community groups and now a public hearing threaten to delay the completion of CIT's acquisition of OneWest Bank. The deal will probably get approved, and it might not get delayed too long, but all those "probablys" and "mights" are what make the proponents of more big M&A queasy.

Implementation has been slow going for the Banking Industry Architecture Network. But PNC says the framework is already helping the bank achieve some important IT goals, and could help the industry adapt to the cloud computing era.

Regulators are taking their review of CIT Group's agreement to buy OneWest Bank to a public forum, following community activists' complaints about the deal.

Brevard County, Fla. officials reported this week plans to write off $6.6 million for emergency medical service transports to area hospitals from the budget year ended Sept. 30, 2013.

Delanco Bancorp in New Jersey began trading on Friday on the OTC Markets Group platform.

Community Financial Corp. in Waldorf, Md., raised $23 million from a debt offering.

Investigators of Anthem Inc.'s data breach are pursuing evidence that points to Chinese state-sponsored hackers who are stealing personal information from health-care companies for purposes other than pure profit, according to three people familiar with the probe.

The Consumer Financial Protection Bureau can learn a lot from the Centennial State.

Discover, the only major U.S. card brand not connected to Apple Pay, is thus one of the few major credit card issuers not shoehorning Apple into its ads. But Discover has never been one to ignore a marketing opportunity.

A federal judge has upheld a Texas law that bars the state's retailers from charging an additional fee to customers who pay with a credit card.

A federal judge has upheld a Texas law that bars the state's retailers from charging an additional fee to customers who pay with a credit card.

CashCall, an online loan servicer, reached a $1 million settlement with California's Department of Business Oversight on Thursday.