5 days ago · Read the latest on the banking & finance industries in the U.S. with award-winning analysis and in-depth reporting by American Banker.

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Nov 12, 2024 · Independence Bank wants to make sure employees enjoy the time they spend at work. Themed dress days are planned throughout the year. So-called Office Olympics break up the workday with games and activities. Food trucks are on site and free popcorn is available at all sites every Friday.

Jan 2, 2025 · Merger and acquisition conversations between the banks first started about 12 months ago, when two longtime friends — Independent Chairman and CEO David Brooks and SouthState CEO John Corbett — met for coffee in New York City.

Jan 28, 2025 · Pulaski Savings Bank's demise on Jan. 17 marked the first bank failure of 2025 and the 15th since 2019.. Millennium Bank of Des Plaines, Illinois, assumed Pulaski Savings Bank's deposits. The only branch for Pulaski Savings Bank reopened as a branch of Millennium Bank on Jan. 18.

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Nov 12, 2012 · The $8.1 billion-asset bank is owned by the family of Howard Milstein. Earlier this year, a House panel approved a measure allowing Emigrant to avoid higher capital standards imposed by the Dodd-Frank Act, though lawmakers have taken no further action on the measure.

Lone Star Capital Bank's plan to merge into Rio Financial Services' banking subsidiary is one of several recently announced Texas M&A deals; David Sparacio will join Birmingham, Alabama's ServisFirst Bancshares as its chief financial officer; Capital City Bank names Ramsay Sims chief banking officer; and more in this week's banking news roundup.

Apr 19, 2018 · The story, published Thursday, comes amid broader concerns in banking and elsewhere about data privacy and the responsibility companies have to safeguard personal data.. Cavicchia, a former Secret Service agent, oversaw the use of data analytics to spot signs of misbehavior among JPMorgan employees. Cavicchia led a team of 120 engineers from Palantir, the data mining company founded by the ...

Joey Pizzolato is a payments reporter at American Banker. The payments company, which is unifying parts of its operation to deepen its reach with consumers and businesses, saw its stock fall more than 10% after reporting mixed earnings, though analysts are more bullish on the company's future.