S&P Global Market Intelligence rounds up a selection of recent legal and regulatory developments in the bank space.
Former execs of failed Fla. bank charged with fraud
Former executives, including former President Anthony Atkins, of Destin, Fla.-based GulfSouth Private Bank were charged with a seven-count indictment charging them with a number of crimes, including conspiracy to commit bank fraud.
Failed Okla. bank's former CEO indicted for fraud
A federal grand jury returned a 23-count indictment against former Bank of Union Chairman, President, CEO and loan officer John Shelley that charges him with defrauding the El Reno, Okla.-based bank, which failed in January 2014.
Former Pinnacle Financial Partners director to pay $200,000 fine
Former Pinnacle Financial Partners Inc. Director James Cope will pay a fine of $200,000 under an updated plea deal for insider trading, the Nashville (Tenn.) Business Journal reported Dec. 12.