Corporate governance

The Arizona company said Kenneth Vecchione would be a candidate to eventually replace CEO Robert Sarver.

Some shareholders can help increase corporate accountability using a little-known but effective tool called a shareholder proposal. But now this tool is threatened by financial reform legislation.

The acquisition will make the Tennessee company one of the biggest banks in the Southeast, with assets of more than $40 billion.

Applications for the regulator's consulting services are due May 31.

Greig, who orchestrated FirstMerit's sale to Huntington Bancshares, joined Opus' board last month.

The company's earnings fell 20% from a year earlier, reflecting $5 million in restructuring charges and a higher loan-loss provision.

The credit union's facilities remain undamaged, but the worst may still be to come if a local dam crests later this week.

Wells survived a fierce proxy fight at its annual meeting, but that’s not stopping some key investors — including the California State Teachers' Retirement System and the New York City pension funds — from pressuring the embattled bank to quickly replace most of its directors.

The company, which delisted from the Nasdaq in 2005, is looking to raise up to $64 million through an initial public offering.

First Bancorp has emerged as one of the few consolidators in North Carolina at a time when many other banks in the state have opted to sell.

The $34 million acquisition is expected to strengthen Central Valley's banking operations in northern California.

Rusty Cloutier had been CEO of MidSouth Bancorp for 32 years. Energy-sector woes helped do him in.

The New Jersey company's profit growth was constrained by an 11% increase in compensation and benefits and an 85% jump in consulting fees tied to compliance and other issues.

The credit union is the tenth largest in Pennsylvania, serving more than 80,000 members.

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One millennial's take on how credit unions can woo the next generation of members.

Doug Bowers will serve as the permanent replacement for Steven Sugarman, who resigned in January.

All 93,000 members of the Delaware Electric Co-Op are now eligible to join Del-One FCU.

The Cincinnati bank's profit-improvement plan is as detailed as it gets, but there is an argument to be made it is heavy on metrics and light on vision.

MidSouth also removed Cloutier's son as part of what it called a "transition plan already under way to improve” performance.