Economy

Zack Bishop has experience in blending the systems of merged banks, according to Synovus, which this summer announced its first whole-bank deal in more than a decade.

Nexos National Bank would be led by Gordon Baird, a former Citi executive. A former New York banking commissioner is set to join the proposed bank's board.

An international move or a business expansion can bring on unexpected challenges that existing processing relationships can’t handle, according to Ralph Dangelmaier, CEO of BlueSnap.

His knack for public policy, dedication to technological improvements once considered the province of big banks, and willingness to tear up a business model that he and his father built make him our top Best in Banking honoree.

Scott Custer is set to become chairman of Dogwood State Bank, a proposed North Carolina de novo.

Bank groups are pushing a variety of proposals to delay the loan-loss rule or soften its impact. The accounting standards board has agreed to review at least one of them — but at a pace that might not be fast enough for lenders.

The effort to raise the threshold for transactions excused from appraisal requirements responds to concerns that the current threshold is outpaced by real estate prices.

New payments technology and rising demand for services are expanding the scope and reach of most of the world’s leading domestic payment schemes. But challenges from Visa and Mastercard loom large.

Neobanks create lots of buzz — and command the attention of venture capital firms — but there are questions about how big of a threat they pose.

Christopher Kay will oversee the Buffalo, N.Y., bank's branch and ATM networks as well as development of products and services that seek to mimic the cutting-edge offerings of other industries.

The ratings agency said that it views rollbacks of stress-test comparisons and liquidity coverage ratio requirements as "negative" for banks with between $100 billion and $250 billion of assets.

Lenders fear the agency's rule could make most poultry producers ineligible for 7(a) loans.

Andrew Keys, co-founder of the venture capital firm ConsenSys Capital, has a vision of the future bankers might find chilling, in which banks and other middlemen are cut out of financial services.

The end of one-party rule in Washington could move the needle on efforts to devise a new housing finance framework.

Moelis submits a revised Fannie/Freddie blueprint; FASB considering a plan to have banks break out charge-offs and recoveries on year-by-year basis; Wells Fargo layoffs begin with 1,000 jobs in mortgage and tech; and more from this week's most-read stories.

Credit unions are well positioned to serve small businesses, but they'll lose that opportunity if they're not adequately protecting those members' cash flow.

Challenges will likely increase as interest rates rise and investors grow more concerned about a downward turn in the economic cycle.

The North Carolina regional bank will gain four locations and $834 million in loans.

After incorporating big data, tweaking existing products and reducing barriers for new members, the Mass.-based credit union saw increased checking usage, more deposits and higher PFI levels.

The bank has long had a program in place to train new employees, but now it’s testing a pilot to help retrain existing staff for different careers at the institution.