Author Archives: Sam Wilmes Articles Archive
FTX, Celsius bankruptcies with billions on line push judges into legal void

Black-owned bank in Ohio is year's first de novo

Indiana's First Merchants Corp. appoints Dr. Mung Chiang to board

Treasury Prime raises $40 million in Series C funding
Wall Street rallies but trade choppy as investors digest Powell comments
Gemini to put $100 million toward Genesis' bankruptcy recovery plan
Huntington aims new mortgage product at underserved borrowers
USAA slashes 130 jobs in mortgage unit
Wells Fargo agrees to pay $300 million to settle shareholder lawsuit over auto insurance disclosures
NYSE plans to compensate brokerage claims after glitch
Truist Financial sheds 5 percent of investment banking staff amid dealmaking slump
TAB Bank CRA rating lowered amid predatory puppy loans fallout
Visa looks to build crypto 'muscle memory' with USDC
Hard landing will shave 25 percent off S&P, Goldman says

Florida-based Climate First Bank names Sharon Hill CFO

Fintech MICT appoints legal counsel, advisors to investigate alleged market manipulation
Biden to push for major increase in stock buyback tax during speech

Former JPMorgan executive hired by Singapore-based crypto bank
Checkout.com expands into US, picks CFO from within
Goldman Sachs Asset Management closes $5.2 billion growth equity fund
Signature Bank lawsuit alleges it 'substantially facilitated' FTX fraud
Missouri bank holding company combines three of its banks
Kansas-based Fidelity Bank selling two branches to WeStreet CU

Ohio-based CF Bankshares to relocate headquarters, announces other changes
Ex-Coinbase manager pleads guilty in insider trading case

Centier Bank promotes Dan Gibson to VP role
BMO U.S. increasing minimum hourly pay to $20
Rothschilds look to take their French investment bank private in $4 billion deal
Binance to suspend U.S. dollar transfers using bank accounts
Court dismisses CFPB suit against Townstone Financial
Republic First discloses bank president's departure

New Jersey's Unity Bank opens branch in Fort Lee

PayEm raises $220 million for spend and procurement management platform
US fintech Stash appoints Liza Landsman as new CEO
PayPal's win in CFPB fee disclosure suit tossed by DC circuit court
Wall Street's CO2 agenda drives green bank to quit alliance
Ex-SoFi boss cuts funding targets for blockchain startup; mulls spin-offs

Anthony Leo to retire as BayFirst CEO; successor

Prominent banking attorney joins Citizens Independent Bank board

Bank of America CEO Brian Moynihan's pay drops to $30 million as Wall Street curbs compensation
US banks set aside cash in anticipation of loan losses
Crypto's new challenge: The community bank lobby
10 leading financial advisers accounted for $5.8 trillion of M&A deals value in 2022

United Community Bank strengthens its Atlanta presence with new branch in Buckhead
Stripe CFO Dhivya Suryadevara plans to leave firm to handle family matters
Blue Ridge Bank focused on OCC agreement before expanding fintech partnerships

First National Bank and Trust promotes Chelsea Ballou to bank operations director

One Community Bank promotes Amy Bailey to VP, director role
Gate City Bank to open a branch in Elk River, Minn.
European banks struggle with AI, while U.S. banks lead the field, according to a new index
BankProv no longer offering loans backed by crypto mining rigs
Indiana-based JCBank announces acquisition of Vision Financial Group
TD strikes deal with Canada immigration site as newcomers surge
Silvergate faces U.S. fraud probe over FTX and Alameda dealings
Bank stocks rise after Fed hikes rates by 25 basis points
Global dealmakers suffer worst January for M&A in two decades

Comerica Bank announces details on new investment banking group

BMO rebrands, to remove 'Harris' name
Some US banks' stock prices took hits as funding pressures intensified in Q4 2022
Investor optimism inches up: Morgan Stanley
Varo slows burn rate, shifts marketing strategy
Former FTX executive Brett Harrison is getting ready for his next act
Deutsche Bank set to spare traders as it prepares more job cuts

Grupo Mexico lines up debt for over $7 billion Banamex offer
Wisconsin's First Bank of Baldwin rebrands as Pillar Bank
Proposed California de novo gets conditional FDIC approval
FTX founder Sam Bankman-Fried's bail conditions amended by judge
Coinbase wins dismissal of lawsuit claiming it sold unregistered securities
BMO expects benefits even in Bank of the West's smaller markets
Federal bid to curb credit card late fees faces tough road ahead

New York-based Community Bank System, Inc., repositions its balance sheet
Tacoma, Wash.-based Timberland Bancorp promotes Dean Brydon to CEO
DC's oldest bank plans a Nasdaq stock listing
Illinois bank M&A rebounded to pre-COVID levels in 2022
Banks battle to shed unsold buyout loans-sources
Record fines in 2022 as regulators crack down
Large bank deal approvals come with new hurdle: Updated resolution plans

Texas-based LevelField Financial to offer traditional banking and digital asset services nationwide
Indiana-based First Savings Financial Group to restate earnings report following errors
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