The Enloe State Bank in Texas becomes the first bank to fail in 17 months; BB&T dangles promise of bonus payments to top executives if they stay; where JPMorgan Chase’s Finn experiment went wrong; and more from this week’s most-read stories. ... Read full article
Sandler and his wife, Marion, built a small California thrift into a powerhouse before selling it to Wachovia prior to the housing collapse, but were heavily criticized for engaging in some of the same practices that caused the financial crisis. ... Read full article
Urfer co-founded a business with the banking automation pioneer John Diebold, worked for Chase Manhattan and other major banks, and played an important role in the Nixon administration, phasing out exchange controls. ... Read full article
The legendary Atlanta banking lawyer played a special, often behind-the-scenes role that was part diplomat, mentor and seer during his 50-year career. He died last week at 76. ... Read full article
Walter V. Shipley, the former chairman and chief executive who led the friendly merger of Chemical Banking with Chase Manhattan to create the biggest U.S. bank and predecessor of what is now JPMorgan Chase, has died. He was 83. ... Read full article
William J. McDonough, whose decade-long tenure as Federal Reserve Bank of New York president included dealing with the market scare of Long-Term Capital Management and the aftermath of the Sept. 11 terror attacks, has died. He was 83. ... Read full article
Laurie Maggiano, the Consumer Financial Protection Bureau's program manager for servicing and secondary markets, died on Sunday. ... Read full article
Bankers remember Bob Wilmers not only for spearheading the growth of M&T, but also embracing his role as the industry's voice in turbulent times. ... Read full article
Colonial Savings founder James S. DuBose died after a yearlong battle with cancer. He was 93. ... Read full article
Former Mellon Financial CEO Frank Cahouet is credited with leading the Pittsburgh company out of a difficult financial period. He was also CEO when Mellon acquired the mutual fund manager Dreyfus, and he rejected Bank of New York’s early attempts to buy ... Read full article
Allan Meltzer was an economist and Federal Reserve historian who was critical of the central bank’s recent policies. ... Read full article
Carter, who built what became Carter Bank and Trust from the ground up, was praised for his “uncanny” credit acumen, devotion to community and family, and willingness to take unconventional risks. ... Read full article
