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On Dec. 31, 2021. Dollars in thousands.

No one liked it when interest interest rates hit 21% in the early 1980s, but the actions of the Federal Reserve under Paul Volcker helped save the U.S. economy from true catastrophe. That kind of leadership is lacking in today’s Washington.

Citigroup changed course on holding Wednesday’s investor day meeting in person after two members of senior management, Chief Financial Officer Mark Mason and Paco Ybarra, head of the bank’s institutional clients group, tested positive for COVID-19. 

The $13.4 billion agreement would create a top-six bank in the U.S. by assets and give Toronto-Dominion a large presence in Tennessee and a deeper foothold in the region.

The Bethpage, New York, credit union plans to use the fintech’s risk models to improve loan decisioning.

Bank of America is under investigation in connection with its role as the administrator of a state program that was rife with fraud. The fiasco is one of several involving the prepaid card industry over the last 12 years.

The fintech chose its new name to reflect its non-financial offerings such as contact centers.

All Russian banks that have already been sanctioned by the international community are going to be restricted from Swift. That list can be expanded if needed, with an eye toward maximizing the impact on Russia and minimizing the impact on the European, officials said.

Amid Russia’s invasion of its neighbor, cybersecurity officials are warning about the potential for an unconstrained cyberattack on targets in Ukraine to spread around the globe.

The Boston-area mutual has agreed to acquire Patriot Community Bank, a single-branch lender based in Woburn, Massachusetts.