First failure since ’17, BB&T’s retention play, demise of JPMorgan’s Finn: Top stories of the week


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.


Golden West co-founder Herb Sandler dies at 87, leaving complicated legacy


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.


Richard Urfer, capital markets trailblazer at three big banks, dies at 82


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.


Walt Moeling remembered as trusted adviser to countless bankers


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.


Walter Shipley, former Chase Manhattan chairman, dies at 83


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.


Ex-New York Fed chief McDonough dies; led bank during LTCM, 9/11


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.


Laurie Maggiano, HAMP architect, CFPB program manager, dies at 64


Laurie Maggiano, the Consumer Financial Protection Bureau's program manager for servicing and secondary markets, died on Sunday.


Wilmers' legacy: Top CEOs praise M&T chief's leadership in crises


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.


Colonial Savings founder James S. DuBose dies at 93


Colonial Savings founder James S. DuBose died after a yearlong battle with cancer. He was 93.


Obit: Frank Cahouet turned around Mellon in late '80s


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 Mellon.