-
The Bancorp in Wilmington, Del., has selected a former Citigroup executive as its next chief executive.
May 24 -
A former Citibank payments specialist has been appointed to the board of Meta Financial Group in Sioux Falls, S.D.
May 24 -
Citizens Community Bancorp in Eau Claire, Wis., is searching for a new leader after its president and chief executive announced plans to resign this summer.
May 23 -
A proxy advisory firm has sided with Financial Institutions in Warsaw, N.Y., in its battle with an activist investor.
May 23 -
Cattaraugus County Bank in Little Valley, N.Y., has named Salvatore Marranca chairman less than two years after he retired as its chief executive.
May 23 -
Goldman Sachs Groups compensation plan, including a provision making Lloyd Blankfein the highest-paid chief executive officer of a Wall Street bank for his work last year, drew the most opposition since shareholders began voting on the matter in 2009.
May 20 -
The heads of megabanks get paid a lot. Some investors want them to streamline their companies for greater returns. But it's arguable whether those CEOs would want to do so if their counterparts at smaller, better-performing banks get paid less.
May 20 -
Flagship Community Bank in Florida is facing pressure from its biggest shareholder to sell itself, either for cash or stock in a publicly held buyer. Management, however, believes the bank will fetch a better price if given time to improve profitability.
May 20 -
State Bank in Atlanta convinced a jittery seller to work out a deal by promising to do an all-cash purchase if its own stock faltered.
May 20 -
A former head of the U.S. unit of Dutch-owned insurance company Aegon has been named chairman of a community bank in Illinois.
May 19 -
Royal Bank of Canada has plucked away executives from Wells Fargo and Credit Suisse to be the co-heads of its consumer investment banking business, according to a news report.
May 19 -
UMB Financial took its lumps last year when its funds management business suffered from large outflows. The challenge prompted UMB to tighten up on expenses and rely more on revenue tied to its balance sheet.
May 19 -
Banks need to be self-critical in evaluating a growth strategys chance of success while realizing that its hard to rebound from a growth failure.
May 19
-
The financial services sector would benefit from companies banks included submitting dedicated disclosures on the impact of climate change.
May 19
-
A fresh crop of chief lending and operations officers and a host of new senior executives appointed at credit unions across the country.
May 19 -
Gerard Champi is getting a vowel upgrade. He will be promoted to CEO from COO of First National Community Bancorp in Dunmore, Pa., this summer, according to a company news release.
May 18 -
Louise Walker, the head of First Northern Bank in Dixon, Calif., will be wearing an additional hat over the next year chair of the California Bankers Association.
May 18 -
For a more immediate payoff, community banks should focus marketing on older customers that are facing a new set of economic pressures.
May 18
Liberty Bank -
JPMorgan attracted stronger support for its annual say-on-pay vote after dozens of conversations with major shareholders prompted it to make a series of changes to executive compensation.
May 17 -
HCSB Financial in South Carolina recently raised $45 million from a group led by Castle Creek Capital Partners, showing that big investors are still comfortable placing bets on financial firms. The challenge for banks like HCSB will be to find ways to put that capital to work years after other institutions were able to start playing offense.
May 17







