Community banking

Bank of America, Citigroup and City National: Bankers on the move

11/11/18

The industry saw some well-known executives step down from their roles or take on new ones during the past month.

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Veterans aren’t getting the loans they need to start a business

11/09/18

Entrepreneurship among veterans has been declining over the past 20 years, according to a report by the SBA and the New York Fed.

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First Midwest to buy Wisconsin wealth management firm

11/09/18

Northern Oak Wealth Management is a registered investment adviser with $800 million in assets under management.

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Fed allows investor to boost stake in CapStar

11/09/18

The Nashville, Tenn., company had opposed a request by Gaylon Lawrence to boost his ownership to 15%.

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'Not a good omen for the industry': Comments of the week

11/08/18

Readers sound off on the 2018 midterm election results, OCC's Otting defending his agency's right to charter fintechs, and predictions the plastic credit card is nearly dead.

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OCC’s lax oversight compounded costs of thrift failure, IG says

11/08/18

Examiners could have done more to minimize the brunt to the Deposit Insurance Fund from Washington Federal Bank for Savings, which hid fraudulent loans and will cost the fund more than $80 million, according to a report from the Treasury’s inspector general.

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Banks’ payoff from minimum-wage hikes

11/08/18

Raises for the rank and file have fueled investor complaints that banks aren’t keeping a lid on expenses. Executives say the pay increases have lowered turnover and improved customer service.

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Parkway in western Virginia lines up next CEO

11/08/18

Blake Edwards Jr. will take the helm at the parent of Skyline National Bank when J. Allan Funk retires next month.

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Sizing up the real fintech threat to banks

11/07/18

Will it be a bigfoot from Amazon, Google and Apple, or death by a thousand bites from niche rivals? Or can banks rally and fend off the insurgents?

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Blue Ridge Bankshares hires CEO for N.C. bank

11/07/18

The Virginia company said that Carolina State Bank is on pace to open later this month.

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