Allissa Kline

Bankers are largely downplaying the impact of the Federal Reserve's interest rate increase. Some said this week that the quarter-point hike could be good for near-term profitability.

The high-cost consumer lender withdrew its applications to acquire Grasshopper Bancorp, saying the regulatory approval process for nonbanks lacks clear standards.

Abacus Federal Savings Bank in Chinatown scrambled to reopen in the days following the World Trade Center attacks. The exercise resulted in the bank's first disaster-recovery plan.

The promotion of consumer banking head Brant Standridge to president is the outcome of "an extensive succession planning process," Huntington said. Steve Steinour said he will continue as CEO for around two more years.

Data suggests that bank-focused shareholder activism in 2026 could exceed last year's activity, as investors continue to seek managerial and operational changes.

Royal Bank of Canada executives said they see plenty of organic-growth opportunities in the U.S., including in Texas, but would also consider acquisitions.

The Canadian bank, which generates a significant portion of its revenue in the states, is on a path toward higher returns in the U.S., executives said Tuesday.

Executives at two of Canada's largest banks expressed confidence Tuesday that they can survive a new trade war. But analysts warn that the situation is highly unpredictable.

The bank's decision to transfer two of its exchange-traded funds to the Texas Stock Exchange is an effort to better align the funds with their investment thesis, the bank said.

Banco Santander has completed its purchase of Webster Financial. It plans to take the integration process slowly in order to avoid customer disruptions.

HomeTrust Bancshares, which has been eyeing Virginia as part of its growth strategy, plans to acquire the formerly troubled Blue Ridge Bancshares in an all-stock transaction.

Competition for loans and deposits in Texas is mounting as out-of-state banks swoop into the Lone Star State, eager for a piece of the economic pie. Some Texas-headquartered banks are trying to hold their ground by doubling down on full relationships and customer service.

As Kate Danella becomes the bank's chief administrative officer, John Jordan, who's been accelerating Regions' branch-banking growth, will take over Danella's previous role leading consumer banking.

HBT Financial in Bloomington, Illinois, has agreed to acquire Tri-County Financial Group in a deal valued $204.6 million.

The latest consumer conditions study from the American Financial Services Association paints a less-than-rosy picture of how lenders expect the second half of the year to play out.

Banco Santander's pending acquisition of Webster Financial got approval from the Federal Reserve Board about five months after the deal was first announced.

The second-largest U.S. bank provided an update to investors about the consent order issued by the OCC in 2024, saying a resolution may include monetary penalties.

The Los Angeles-based regional lender reported a quarterly net loss of $251.3 million, driven by a balance-sheet restructuring that included the sale of securities and certain commercial real estate loans.

Dallas-based Texas Capital Bank will try for a second time to win shareholder support to switch its state of incorporation from Delaware to the Lone Star State, according to CEO Rob Holmes. If it succeeds, it will join a growing list of companies choosing the same path.

The Long Island-based regional bank gave investors a mix of good news and bad news on Friday, as it continues its strategic overhaul.