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Malvern Bancorp in Paoli, Pa., has named Howard Kent chairman of the company and of the $727 million-asset Malvern Federal Savings Bank.

Fauquier Bankshares in Warrenton, Va., has named a North Carolina community banker as its new chief executive.

Barclays' investment bank chief, Tom King, plans to retire as soon as next month, said people with knowledge of the plans.

First Sound Bank in Seattle has recruited chief financial and administrative officers from rival banks.

Freedom Bank of Virginia in Fairfax has named to its board a consultant to a fund that recently invested in the bank.

Sanford "Sandy" Weill, the former head of Citigroup, has stepped down as chairman of Hamilton Insurance Group in Bermuda.

Whitefish Credit Union business lending office announces four moves, Pennsylvania CU Foundation board news and more.

Glen Burnie Bancorp in Maryland has appointed a successor to its outgoing president and chief executive.

Comerica in Dallas retroactively cut its fourth-quarter profit by $14 million after discovering that a single borrower — an Arizona company the bank did not identify — was unlikely to repay its loan.

The chief financial officer at Synovus Financial in Columbus, Ga., plans to retire later this year.

A senior Bank of America tech executive has migrated about 20 blocks south in New York (from Bryant Park to Madison Square Park) and into a very different world, offering platform-as-a-service to banks and other customers.

Though the bank that was dedicated to helping former slaves gain access to financial services failed, that same basic mission — bringing affordable financial service to people of modest means — would carry on in credit unions. In honor of Black History Month, Credit Union Journal looks at the history behind this special bank that still serves as inspiration for CUs that primarily serve African Americans today.

Community bank executives need to focus on these three areas in order to embrace change and cater to younger, tech-savvy customers.

Bank of Missouri knew that using new technology was important in making its business processes more efficient. But its IT team also knew that it had to get buy-in from the employees actually completing the steps as well to see real results.

JPMorgan Chase Chief Executive Officer Jamie Dimon bought 500,000 shares of the bank’s stock on Thursday, a person familiar with the decision said.

The Detroit company is plowing ahead with its growth strategy at a time when some shareholders are agitating over its sagging share price.

U.S. Bancorp has hired John Steward as president of its retail payments solutions division.

U.S. Bancorp has hired John Steward as president of its retail payments solutions division.

Two female executives earn recognition, a state legislator is honored and other CU professionals in the news.

The Bancorp in Wilmington, Del., named Sepideh Behram to the role of chief compliance officer.