Thurlow led the Massachusetts-based mutual bank through a merger that increased its asset size by nearly 40% while serving as the chair of the ABA last year.
Community banking groups have recently struck referral deals with marketplace lenders that could add revenue in the short run, but they might be giving away potentially valuable data and customers in the process.
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Ripple, Coinbase and Circle all received licenses to operate under the nation's stablecoin regulations, which offer more clarity than American rules do.
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Visa said Chairman Al Kelly, the payments giant's former chief executive officer, will leave the board in January.
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NCR has completed the spinoff of its ATM business, Revolut doubles its number of fraud-fighters in two years, China builds a zone for digital yuan users, and more.
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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T. Rowe Price Group announced better-than-expected fourth-quarter earnings Jan. 28 as assets under management soared on the popularity of target-date retirement portfolios.
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The market crash was painful for investment firms and their clients, but it has been a boon for a boutique investment administration business in North Carolina.
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The pledge comes as Fifth Third, which had previously committed $30 billion to community development, looks to close on its acquisition of MB Financial in Chicago.
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The housing finance agency, which is increasingly at the forefront of reform discussions, has been without a permanent chief for almost two years.
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City National Bank said the foundation will buy houses and hold onto them until the buyer lines up financing.
Sound Credit Union said it would acquire Washington Business Bank in a cash deal slated to close in the fourth quarter.
The Consumer Financial Protection Bureau released recommendations on how states can beef up enforcement after the Trump administration takes office next week.
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The market for short-term installment credit is growing among millennials and Gen Z consumers who distrust credit cards. Banks are letting a golden opportunity slip away.
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In his new book “Inside Money,” Zachary Karabell tells a compelling story about how Brown Brothers Harriman influenced the course of U.S. history.
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If Biden appointees are going to apply more antitrust scrutiny to bank mergers, they need to factor into their analysis the competitive threat that banks face from fintechs and other less-regulated players.
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Marrs runs Amex's second largest business by revenue and card member spending.
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Despite being in the industry for 25 years, Marcelli still wakes up in the middle of the night to jot down ideas.
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Milrod, a champion of innovation, has strengthened State Street's position in the digital assets space, including securing three of the 11 Bitcoin and Ethereum ETFs launched this year.
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Fogarty, who was promoted to chief operating officer of investment services in July, leads the firm's largest business unit.
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The imperative is to keep one eye on the business, and the other eye on talent. The former is fed by the latter.
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Under Johnson's leadership, Franklin Templeton launched a private equity fund along with two real estate funds in 2024.
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PayPal agrees to a $7 billion BNPL loan purchase agreement with Blue Owl Capital, while Revolut, which is building a financial superapp, is looking for permission to offer more banking products. That and more in the American Banker global payments and fintech roundup.
The American Bankers Association's Economic Advisory Committee expects the economy to grow, albeit at a slower pace than it previously anticipated. The group pointed to stubbornly high inflation and a weakening job market.
The 23rd annual ranking of women leaders in the banking industry.
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