Browsing: Bank

Donald Trump’s history of deregulatory financial services policies could signal some benefits to minority businesses and consumers, but the more likely outcome is reduced access to…

The FDIC has hit CBW Bank, a $90 million-assets institution in Weir, Kansas, with a $20,448,000 civil money penalty and an order of charges for inadequately…

SouthState Corp.’s $2 billion, all-stock bid to acquire McKinney, Texas-based Independent Bank Group was the largest bank deal of 2024. As bank merger-and-acquisition activity gathered momentum…

FAQ about bank safety and deposit insurance Source link

The $5-billion all-share deal, initially announced in June, is now set to close by February 3, 2025, after receiving approval from the Minister of Finance. This…

Rohit Chopra, director of the CFPB, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Consumer Financial Protection Bureau’s Semi-Annual Report to…

Stay informed with free updatesThe US Consumer Financial Protection Bureau has sued JPMorgan Chase, Bank of America and Wells Fargo for allegedly failing to protect customers…

Banks have long touted generative AI’s possible benefits for client service or internal operations, but financial institutions are now considering how the technology might help free…

A Franklin, Tennessee, community bank has been cited by federal regulators for the second time this year.Lineage Bank and its holding company, Lineage Financial Network, entered…

Regulators approved SouthState’s plan to buy Independent Bank Group in Texas. The biggest bank acquisition signed in 2024 remains on track to close as planned.Winter Haven,…