MidWestOne will reinvest proceeds of branch sales into Denver Bankshares; promotions are afoot in JPMorgan's investment banking unit; Bethpage Federal Credit Union expands into Queens and New Jersey; and more in the weekly banking news roundup.
MidWestOne to reinvest proceeds of branch sales into bank acquisition in Denver
Leadership changes on tap for JPMorgan Chase’s investment banking unit
Bethpage Federal Credit Union announces expansion plans into Queens, New Jersey
Credit union antitrust suit against Apple can proceed
Wells Fargo makes its Fargo virtual assistant bilingual
Visa and Tiptap bring cashless local-donations tool to U.S. bank branches
Ex-UBS Chairman Weber to join fintech Raisin as deposits grow
The Financial Times reported earlier that Weber will probably lead the board. A Raisin spokesman declined to comment on whether Weber will chair the advisory board, which consists of six external members. Raisin also said that its assets under administration have risen to more than €50 billion ($53.1 billion) from €30 billion in December. — Nicholas Comfort, Bloomberg News