Browsing: Bank

Oxford Bank has invested significant resources building its commercial finance subsidiary. A Detroit-area community bank is building out a two-year-old subsidiary that its CEO sees as…

Amanda Andrade-Rhoades/Bloomberg WASHINGTON — The Biden administration had a “misguided” hostility toward mergers overall that affected bank deals, acting Federal Deposit Insurance Corp. Chair Travis Hill…

For bank CEOs last year, the pay raises were bigger at the smaller institutions.In 2024, chief executives at banks with between $10 billion and $50 billion…

Arvest Bank has disclosed a data breach that temporarily allowed some bank customers to see other customers’ personal information. The incident affected 7,537 people.The incident, which…

UPDATE: This article includes additional information about the strategic rationale for the deal.Seacoast Banking Corporation of Florida is making a $710.8 million play for entrée into…

Bank Mergers Are Booming. Here’s Why Savers Should Watch Their Wallets Source link

Three current and former Amalgamated Bank employees are alleging that top executives at the New York company engaged in racial discrimination and abused company funds.In a…

Bank of America’s global payments business touches a lot of money. $450 trillion per year, facilitated in 150 currencies across 60 countries and more than 100…

Unlock the Editor’s Digest for freeStarling Bank’s profits fell by more than a quarter last year as the digital bank set aside £28mn to cover potential…

After making it through a regional banking crisis, economic uncertainty and the residual effects of rapidly rising interest rates, 2024 was a good year to be…