2A A Year for the Record Books.
Bank mergers and acquisitions tripled in 1995 to a total value of over
4A Rankings of the Top 150 Deals.
9A The top banks in the U.S. are getting bigger. But are they getting
18A Does Technology Drive Deals?
Data systems and operations are rarely the main cause for bank mergers -
20A Alabama: Home of the Independents
Almost alone among the states, Alabama has lost none of its big banks to
At the banks' annual meetings, shareholders at both companies struck down proposals that would have split the board chair and CEO roles. Two other proposals also failed to win shareholder support, one concerning energy financing and another on pay gap analysis.
Congressional Review Act resolutions are ramping up ahead of the 2024 election cycle. Experts say that, although none are likely to become law, the resolutions are still powerful messaging and political tools.
The ABA is testing an information-exchange network to allow banks to share their fraud data with each other. Companies including Baselayer are also building solutions.
Republicans on the House and Senate Small Business committees are accusing the SBA of being irresponsible in granting Funding Circle permission to participate in its flagship loan-guarantee program.
Strong consumer spending and cross-border activity drove an 8% increase in Visa's total payments volume during the first quarter of the year, although Asia's economic recovery is taking longer than expected.
Mastercard launches service to fight instant-payment fraud, EU may green-light Apple's NFC-access plan, and more.
