Sam Cook, Longtime Leader at Central Trust Mo., Dies at 94
Sam Cook, who served in various roles at Central Trust Bank in Jefferson City, Mo., since the Truman administration, has died. American Banker
Blog
All It Took Was Pokemon to Get People into Bank Branches
The hit smartphone game Pokemon Go taught banks a lesson in mobile strategy this week: gamify it. American Banker
Women in Banking: Bro Talk Must Go; Wells Fargo’s Tolstedt to Retire
A former Wall Street trader contends that “bro talk” is keeping women down, and it often comes from bosses; B of A says there is no “bro’s club” at the company; Mary Mack is succeeding a retiring Carrie Tolstedt at Wells Fargo; and Barclays’ Barbara Byrne tries a new recruiting tactic. Also, with Theresa May
Congress Questions Online Lenders as It Weighs Reforms
Online marketplace lenders found themselves in the congressional crosshairs Tuesday just as some lawmakers are attempting to provide the industry with sought-after reforms. American Banker
Cost of Overdrafts on Rise as Reg Action Looms
The combination of smarter consumers and likely CFPB action have, oddly enough, pushed banks, especially large ones, to raise overdraft fees in recent months. American Banker
FDIC Could Have Avoided Data Breaches, IG Says
Its watchdog said the Federal Deposit Insurance Corp. failed to implement measures that could have prevented at least eight cybersecurity breaches from departing employees over the last year. American Banker
Banc of California Adopts Majority Voting in Board Elections
Banc of California in Irvine has changed its bylaws to allow for majority voting for directors. American Banker
Shore Bancshares in Maryland Merged Bank Units
The $ 1.1 billion-asset company said in a press release Friday that it had combined its $ 492 million-asset CNB in Centreville, Md., and the $ 615 million-asset Talbot Bank in Easton, Md., to create Shore United Bank. American Banker
How Flagstar Is Financing Buyback of Tarp-Related Shares
Flagstar Bancorp in Troy, Mich., is paying $ 371 million to put behind it the vestiges of its dealings with the Troubled Asset Relief Program. American Banker
FDIC Needs to Better Protect its Data: GAO
The Federal Deposit Insurance Corp. has improved its information security processes, but more changes need to be made, the Government Accountability Office said in a report published Wednesday. American Banker