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The Monday Express: North American financials

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The Monday Express: North American financials

* U.S. President-elect Donald Trump is set to nominate Rep. Mick Mulvaney, R-S.C., as budget director, The Wall Street Journal reports.

* Goldman Sachs agreed to pay $56.5 million to settle a class-action lawsuit that alleges it and other banks rigged interest rates in the derivatives market, Reuters reports.

* The Consumer Financial Protection Bureau ordered Moneytree Inc. to pay a civil penalty of $250,000 and provide $255,000 in refunds to customers, for misleading consumers with deceptive online advertisements and collections letters.

* Kansas City, Mo.-based Dickinson Financial agreed to acquire Overland Park, Kan.-based Community Bancshares of Kansas.

* Fairfax Financial Holdings is acquiring all of the outstanding ordinary shares of Allied World Assurance Co. Holdings for about $4.9 billion in cash and stock.

* Former executives, including former President Anthony Atkins, of Destin, Fla.-based GulfSouth Private Bank were charged with conspiracy to commit bank fraud, among other crimes.

* Central Federal President and CEO Timothy O'Dell declared a 5.36% stake in the Worthington, Ohio-based company.

* Employers Holdings appointed Michael Paquette executive vice president and CFO, effective Jan. 1, 2017.

* Susan Black, president and CEO of Gilroy, Calif.-based Pinnacle Bank, will take on a newly created role in the company as executive vice chairman, effective Feb. 1, 2017.

* Benchmark Bankshares CEO Michael Walker is set to retire from his leadership position and board role in May 2017.

The Daily Dose: Express Edition is updated as of 6:30 a.m. ET. Some external links may require a subscription.