Browsing: Bank

Key insight: A small Virginia bank plans to exit North Carolina. It’s already shuttered two loan production offices, and it expects to sell two branches in…

Key insight: Sens. Ted Cruz, R-Texas, and Katie Britt, R-Ala., introduced a bill to index the Durbin Amendment’s $10 billion asset threshold to inflation, preventing more…

Gabriel Bouys | AFP | Getty ImagesThe Vatican Bank Tuesday launched two equity indexes tracking stocks that align with Catholic values. Its first foray into thematic…

Key insight: The House passed a bipartisan housing bill that bundles community banking provisions — including expanded limited-scope exam eligibility, new bank formation rules, and changes…

Key insight: Dechanta Benning established a shell company and used mobile deposit technology to cash stolen checks, a methodology becoming standard for fraudsters.Supporting data: The American…

Key insight: The House is poised to pass a housing affordability package with wide bipartisan margins. What’s at stake: The House bill contains a number of community…

Being a good CFO does not always translate into being a good CEO, writes Ken Thomas.Adobe Stock Opening for B.B. King, Blood, Sweat & Tears and…

The BNY headquarters in New York, US, on Wednesday, July 10, 2024. Jeenah Moon | Bloomberg | Getty ImagesAt America’s oldest bank, 134 new workers don’t…

Key insight: Senate Democrats led by Elizabeth Warren are urging bank regulators to withdraw an October proposal that would narrow the definition of “unsafe or unsound”…

Equitable Bank is getting back into the prime lending space with a new product suite available exclusively to Dominion Lending Centres Group (DLCG) brokers. The new…