Corporate governance

Mercantil in South Florida adds OCC alumnus to board

03/07/19

John Quill, a former deputy comptroller, had a key role deciding which banks could participate in the Troubled Asset Relief Program.

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Welcome to Operation Choke Point 2.0

03/07/19

Banks once again are finding themselves in the political crosshairs over customers they finance, but this time it’s community activists, not the government, leading the charge.

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In a twist, Wells Fargo gets $240M payout in latest phony-account settlement

03/01/19

The settlement would mark a rare instance where the bank stands to benefit monetarily from a scandal that has severely damaged its reputation and cost it hundreds of millions in penalties.

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Wells names new chief auditor to replace executive placed on leave

02/06/19

A former audit executive at Citi and Amex, Julie Scammahorn is replacing David Julian, who remains on administrative leave. She will join the bank in April.

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Maine bank eliminating Fed oversight by ditching holding company

01/07/19

Northeast Bancorp also expects the move to make it more efficient.

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PNC names manufacturing, tech executives to board

01/03/19

Executives from Microsoft and other firms will expand PNC's board to 14 members.

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Discover elevates lead director to chairman

12/17/18

Lawrence Weinbach will replace David Nelms, who had already stepped as CEO. The transition will take place Jan. 1.

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Why this bankers' bank is throwing in the towel

12/17/18

In a rare move, Maryland Financial is voluntarily liquidating after its customer base shrank and efforts to sell itself failed.

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Regions separates chairman and CEO roles

12/12/18

The Alabama bank has named former power company executive Charles McCrary chairman instead of giving the job to new CEO John Turner.

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Missouri bank recruits veteran banker to join its board

12/05/18

Mike Walsh, former CEO of Jefferson County Bancshares, has become a director at St. Louis Bank.

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