Category Banking

Navy Federal Credit Union has disclosed the appointment of its next Chief Operating Officer.

Navy Federal Credit Union has proudly announced Kara Cardona as its new Chief Operating Officer, succeeding Dietrich Kuhlmann, who recently assumed the role of Chief Executive Officer following Mary McDuffie’s retirement. Effective as of March 1, 2024, these transitions mark…

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Harris Williams

Metropolitan Commercial Bank Strengthens Risk and Finance Teams with Veteran Bank Professionals

Metropolitan Commercial Bank (the “Bank,” “MCB”), a New York City-based full-service commercial bank, announced today the appointment of Gregory Gaare as Senior Vice President and Chief Risk Officer, Theodore George Andreades as Senior Vice President and Bank Secrecy Act/Anti-Money Laundering…

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Atlantic Union Bankshares Corporation has confirmed the receipt of regulatory approvals

Required to finalize its merger with American National Bankshares Inc Atlantic Union Bankshares Corporation announced today that it has received regulatory approval from the Board of Governors of the Federal Reserve System (the “Federal Reserve”) to complete the previously announced…

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KBRA Issues Preliminary Ratings for New Residential Mortgage Loan Trust 2024-NQM1

KBRA has assigned preliminary ratings to six classes of mortgage-backed notes from New Residential Mortgage Loan Trust 2024-NQM1 (NRMLT 2024-NQM1), a non-prime residential mortgage-backed securities (RMBS) transaction valued at $281.9 million. The transaction is sponsored by Rithm Capital Corp., formerly…

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As U.S. Middle Market Firms Embrace Digitalization, Banks Face Mounting Pressure to Adapt

Coalition Greenwich Announces 2023 Greenwich Excellence, Best Brand and Share Leaders in U.S. Middle Market Banking Middle market companies in the U.S. are rapidly embracing digitalization, causing significant shifts in the commercial banking sector. Despite continued heavy investment by banks…

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Morgan Stanley Faces $1.6 Million Fine from FINRA for Violations in Municipal Securities and Associated Oversight Lapses

Today, FINRA announced a $1.6 million fine imposed on Morgan Stanley Smith Barney LLC for recurring failures in promptly closing out inter-dealer municipal securities transactions and promptly addressing short municipal security positions exceeding 30 calendar days, along with associated supervisory…

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TYSON 2.0 has selected Royal Queen Seeds as the exclusive cannabis seed bank for their global partnership

Royal Queen Seeds (RQS), renowned as one of the globe’s premier cannabis seed banks, has forged an exclusive partnership with TYSON 2.0, the esteemed cannabis brand co-founded by cultural icon Mike Tyson. This collaboration heralds a distinctive array of cannabis…

Read MoreTYSON 2.0 has selected Royal Queen Seeds as the exclusive cannabis seed bank for their global partnership