The Arkansas-based company spent nearly four years on the M&A sidelines, grappling with asset quality issues and litigation tied to its 2022 acquisition of Texas-based Happy State Bank. Now it's signed a letter of intent to buy an unnamed bank.
Federal prosecutors on Tuesday charged three men in connection with the mass hack attack on JPMorgan Chase that took place in June 2014.
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In this month's roundup of top banking news: Truist Financial announces plans to shutter 4% of its branch network, Fiserv pursues a special-purpose bank charter, Wells Fargo distributes a $1,000 bonus to lower-paid employees and more.
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U.S. consumers remain healthy despite several factors that weigh on their spending, said CEO Michael Miebach.
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The Reserve Bank of India on Wednesday ordered Paytm Payments Bank, a unit of One 97 Communications, to stop its popular mobile wallet business along with other activities, citing persistent non-compliance and supervisory concerns.
A near-collapse of the global software vulnerability database exposed critical weaknesses that could leave banks unable to track cyber threats.
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Morgan Stanley Smith Barney hired Jeff Hack from JPMorgan Chase & Co. as its chief operating officer, one of several organizational changes announced by the firm's new president, Gregory Fleming.
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KeyBanc Capital Markets doubled its personnel last month by hiring four professionals from Chapdelaine Credit Partners, a bond broker that closed in January.
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Morgan Stanley's James Gorman received a $14 million compensation package for his first year as chief executive, less than the $15 million he was awarded for 2009, as the company missed profit goals.
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After a brief delay, the agency’s acting director signed off on Fannie Mae and Freddie Mac contributing to the National Housing Trust Fund and Capital Magnet Fund.
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A discussion on how to modernize policies to combat housing discrimination quickly turned into a sharp critique of the social media giant's advertising practices.
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Rep. Gregory Meeks of New York signaled which legislative provisions Democratic leaders would accept in a bipartisan housing finance package.
The Boston-based custody bank will place deposits at Carver State Bank, Citizens Trust Bank and Ponce Bank as part of its broader effort to help reduce the wealth gap. State Street plans to place a total of $100 million of deposits at minority depository institutions this year.
Housing finance players accused of wronging consumers slammed the lawsuits as politically motivated efforts by former Biden-era bureau director Rohit Chopra.
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We can't afford to miss this opportunity to build capacity in community development financial institutions.
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Banks have been barred from trading on their own account for almost a decade because Congress wanted to quash any potential conflict of interest. They should hold themselves to the same standard.
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Small-business owners who can't get loans from traditional sources need alternative ways to access capital.
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Six trade groups warned the administration layoffs and funding freezes could dampen lending, threatening the administration's goal of economic growth.
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The Boston-based bank is the second bank in three months to face pressure to sell by the activist investor group HoldCo Asset Management.
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Comptroller of the Currency Jonathan Gould said in an interview with American Banker that his agency is looking at whether its own internal guidance may have contributed to a climate where banks feel the need to "cite everything" to avoid supervisory penalties.
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AlumniFi, the digital banking arm of Michigan State University's official credit union, is now an official bank partner for the NCAA's Big East conference.
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A failure at an Amazon Web Services data center in Virginia caused widespread outages, hitting services at several banks and fintechs.
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Spring Bank CEO Barry Mann has accumulated a 6% stake in New York City-based Carver Bancorp. Carver has a history of underperforming, but Mann is optimistic about its chances under new CEO Donald Felix.
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JPMorganChase CEO Jamie Dimon said that his bank can improve its procedures to guard against fraud.
The bank is the custodian for Anchorage's stablecoin platform, it's thinking of issuing its own and it's relaunching bitcoin custody, among other efforts.
The 23rd annual ranking of women leaders in the banking industry.




































































