Kevin Fitzsimmons and David Bishop switched jobs shortly after FIG Partners sold to Janney Montgomery Scott.

Lori Bettinger is one of the organizers of NXG Bank, which has applied to open in Columbia, Md.

Midsize banks are more profitable overall than both their smaller and larger counterparts, and the strategy that some of the best performers in this group use to stand out is specialization.

The anti-bribery law that Stephen Calk is accused of breaking carries stiff penalties — up to 30 years in prison — but violations can be relatively hard to prove because prosecutors must establish the defendant had a corrupt state of mind.

Regulators closed The Enloe State Bank in Texas late Friday, marking the first failure in 17 months and the first in the Lone Star State in over five years.

While Noah Bank’s CEO has been accused of self-dealing in connection with SBA loans, its chairman says the directors had a succession plan ready to go and are rallying to rescue the bank’s reputation.

The bank will have about $1 billion in assets after it acquires Lighthouse Bank, which is also based in Santa Cruz.

Eric Meilstrup, who was named president last fall, will succeed Steve Foster as CEO next month.

Stress tests, capital buffers and liquidity levels are best ways to make financial system safe; HSBC plans to layoff “several hundred” from investment bank.

Its CEO says organic growth is preferable, but after spending five years tackling a series of enforcement actions tied to BSA compliance, the Pennsylvania bank has options.

The London firm lags the three largest U.S. vendors but bets its new open banking platform can win it more business.

Grasshopper Bancorp will target the innovation economy in New York City and other markets across the country.

Community and regional institutions' survival could hinge on their ability to access large troves of data.

West Florida Banking is made up of bankers who ran Jefferson Bank of Florida, which is now part of CenterState Banks.

Smaller banks are often not taking the extra step beyond traditional functions such as online bill pay, writes Alberto Hernandez, COO for the U.S. region at Valid.

Wider net interest margins compared to a year earlier helped make up for a slight decline in loan balances, as nearly two-thirds of banks reported higher profits in the first quarter.

A strong economy and the chance to court Hispanic customers and businesses have banks interested in the region once more.

A Burke & Herbert veteran will serve as CEO until January, when the bank will introduce an outsider as its leader.

While some of the biggest institutions are already rapidly developing new technologies, it’s important that community banks also tap the power of artificial intelligence and machine learning.

More businesses are considering moving away from cash and checks, according to a recent survey by Citizens. That should be a wake-up call to smaller institutions, said Michael Cummins, who oversees treasury solutions at the regional bank.