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The alleged ringleader and 23 others face charges in a bank fraud scheme spanning three south-central counties.
February 28 -
Concentrating in narrow specialties can attract both relatively low-cost deposits and low-risk loans in an era of high interest rates and economic uncertainty, lenders say.
February 28 -
The cloud-based digital banking provider signed an agreement to purchase the fintech for $400 million; the deal is expected to close by March 31.
February 28 -
The Federal Deposit Insurance Corp. cut between 600 and 700 of its employees as President Trump's federal downsizing effort advances, fueling concerns over oversight and potential agency consolidation.
February 28 -
The $15 billion-asset Seacoast is paying a hefty premium, but CEO Charles Shaffer called Heartland Bancshares an "incredibly valuable" franchise.
February 28 -
Notably, Trump described the January decision to hold rates steady – which looks set to be the Fed's stance for some time — as "the right thing to do."
February 28 -
The card-issuing company has appointed CFO Mike Milotich as interim CEO as Simon Khalaf steps down. The firm also agreed to buy European payment provider TransactPay.
February 28 -
The union representing Consumer Financial Protection Bureau employees said in a court filing that the Trump administration's actions to reduce the agency's workforce and cut spending violate the law.
February 28 -
Leslie Wims Morris, JPMorgan's former chief of corporate development, testified that she trusted Javice "100%" on her claim that the company had millions of users.
February 28 -
The company, whose software tests AI-based lending models for bias and fairness, is receiving $10 million.
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