Corporate governance

Even in the event of a landslide, throw-the-bums-out investor vote over director seats next week, expect business as usual in Wells’ boardroom for a long while.

The partnership will explore emerging technologies and best practices, including lessons that can be learned from outside the CU system.

The 110-page document offers plenty of new details about what went wrong at the megabank but may leave many wanting a truly independent investigation.

The 110-page document offers plenty of new details about what went wrong at the megabank but may leave shareholders wanting a truly independent investigation.

Barbara Yastine, who stepped down as head of Ally’s banking unit two years ago, has become a director of Zions in Salt Lake City.

CUs will have improved opportunities to add areas, sources say, but new rules ‘not a panacea.’

The company appointed a representative of Stilwell Group to its board. Stilwell, meanwhile, agreed to back Delanco's board nominees and refrain from pushing for the company's sale.

The deal, which is expected to close in the fourth quarter, values Cornerstone at $25.8 million.

These execs say they are finding ways to reduce fixed costs in areas such as branching and personnel, offer appealing tech, yet provide in-person services when customers have concerns.

The Little Rock, Ark., bank said first-quarter profits rose slightly and that it plans to dissolve its holding company to trim regulatory costs.

Opus Bank has added Paul Greig, who was CEO of FirstMerit until its sale in July, as a director.

The San Francisco bank is trying to turn the page with a new report that mostly pins blame on executives who have either left the company or been demoted, but the report shows the misconduct went further back than previously acknowledged.

Bank of Montreal, Canada's oldest lender, has turned to a former investment banker with an interest in continued U.S. expansion to lead the firm into its third century.

The latest compensation-related punishments were announced Monday in a long-awaited report from the firm’s board of directors.

SEG-based CUs could see a particularly big benefit from the rules, observers say, but community-chartered institutions and others could also see a significant boost.

The company took aim at Institutional Advisory Services, which recommended on Friday that shareholders vote against 12 of the company’s 15 board members.

The deal, which is expected to close in the fourth quarter, should significantly increase PacWest's operations in Southern California.

The Houston company was formed in 2009 to buy struggling banks in the wake of the financial crisis.

Live Oak Bancshares in North Carolina has hired Scott Custer to run its bank. Custer recently resigned as a consultant to F.N.B. Corp. in a move that took place days after F.N.B. bought Yadkin Financial, where he had been president and CEO.

Coast Capital Savings, Canada's biggest credit union by membership, plans to expand beyond British Columbia to challenge the dominance of the nation's banks.