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Investor reaction to the proposed $8.6 billion deal has been sour, with both banks' share prices falling more than 11% as of Friday afternoon. The response appeared to reflect the market's distaste for mergers of equals and the risks associated with crossing the $100 billion-asset threshold.
July 29
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The continued investment in branches is a continued investment in bankers. A well-trained, motivated banker turns a physical location into a relationship hub.
July 29
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Jack Dorsey's Block Inc. is adding a group payments feature to its Cash App as it aims to attract out of network users to its peer-to-peer money transfer and banking app.
July 29
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The former Goldman Sachs executive was reportedly shot accidentally by a Las Vegas man targeting the National Football League.
July 29
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Multimodal, real-time identity verification can strengthen voice, video and behavioral biometrics, analysts and executives say.
July 29
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The Dallas-based bank is the subject of a scathing new report by HoldCo Asset Management, which says it should take advantage of current market conditions to sell itself. The investment firm accused Comerica's management of making poor decisions and failing to address its lagging stock price.
July 28
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The Pennsylvania-based bank will continue to lean into its digital assets payment platform now that the GENIUS Act has become law. Its incoming CEO says he's not concerned about new entrants.
July 28
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Bank technology provider Fidelity National Information Services Inc. is partnering with Circle Internet Group Inc. to offer financial institutions the ability to conduct transactions using Circle's stablecoin.
July 28
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The new chair was already a director of the Canadian bank, which has been struggling to get past a money-laundering settlement.
July 28
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Art collectors — and criminals — can anonymously spend millions on art in the U.S. A newly introduced bill could change that.
July 28
