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The company, poised to complete its purchase of Radius Bank, will enjoy new cross-selling opportunities, gain additional sources of fee income and capital as well as benefit from greater regulatory clarity, CEO Scott Sanborn says.
January 20 -
Citigroup will reduce bonuses for dozens of its top executives after the bank was reprimanded by regulators last year.
January 20 -
Hundreds of branches temporarily shuttered during the pandemic are now permanently closed.
January 20 -
The credit union announced a $1 million commitment to the New Jersey Education Association spread over 10 years, with the first installment helping expand the group’s Human and Civil Rights Division.
January 20 -
The Illinois company has agreed to pay $191 million for the parent of Glenview State Bank.
January 19 -
Members of the Gunther family who own nearly a third of the company's stock are urging the board to consider strategic alternatives.
January 19 -
Chris Hendry has been appointed president and CEO of the Fitchburg, Mass.-based institution, having served the credit union in a volunteer capacity since 2014.
January 19 -
Weeks away from succeeding Michael Corbat, Jane Fraser said she’d consider streamlining some units or divesting others as part of her effort to kick-start return on equity.
January 15 -
CEO Charlie Scharf’s long-awaited expense-reduction plan got a chilly reception from investors.
January 15 -
The Pittsburgh company intends to continue adding commercial offices and retail branches in markets it had been eyeing before agreeing to buy BBVA USA for $11.6 billion.
January 15 -
A sponsorship deal between the regional bank and the league will emphasize economic empowerment and financial education. It's a good example of how corporations increasingly seek to associate their brands with a cause or purpose, experts say.
January 14 -
Branch has been with WOCCU for 31 years, the last 10 of them spent as CEO.
January 14 -
Diane Arnold, who will succeed the retiring Gregory Shook in July, has been with the bank since 2002. She is currently the chief lending officer.
January 14 -
The deal is a sign of further consolidation among Twin Cities-area credit unions, following another combination announced in May.
January 14 -
The bank agreed to acquire A Mortgage Boutique, which operates in six states.
January 14 -
The Mississippi bank will pay $108 million for the parent of FNB Bank, which has branches in Alabama, Georgia and Tennessee.
January 13 -
Driver Management will try for a second straight year to gain a board seat at First United.
January 13 -
A team led by Michael Lipsitz, a lawyer hired away from Santander last year, will look at everything from whether prices are fair to whether complaint data contains notable trends.
January 12 -
Australia Hoover, who started as a call center employee in 1996, succeeds Betsy Mercier, who is retiring after 22 years at the helm.
January 12 -
The Stamford, Conn.-based credit card issuer said Tuesday that Brian Doubles, the president and former chief financial officer, will succeed Margaret Keane in April.
January 12




















