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The bank is considering eliminating as many as 20,000 jobs; BIS doesn’t want central banks to fall behind private cybercurrency efforts.
July 1 -
Organizers of Community Bank of the Carolinas in Winston-Salem said that they will return capital to investors and pursue other alternatives, including buying an existing bank.
June 28 -
Some large banks, including Bank of America and JPMorgan Chase, will increase dividends and stock repurchases by double digits.
June 28 -
The $550 million purchase will include a branch in the U.S. Virgin Islands.
June 27 -
Valley, which had focused on Florida in recent years, will double its market share in Bergen County with the $740 million acquisition.
June 26 -
Ken Lehman recently bought a block of shares in Village Bank & Trust Financial.
June 26 -
The Ohio Democrat praised Todd Harper, one of the regulator's newest board members, for his attempt to shift the agency's focus toward issues such as concentration risk.
June 24 -
Shore Community Bank, which has five branches in Ocean County, will sell for $53 million.
June 24 -
The bank believes its U.S. unit will pass this year’s stress test but Fed restrictions will stay; COO is the second member of CEO’s inner circle to leave.
June 21 -
The NCUA proposed Thursday to put off until 2022 implementation of a rule that would require larger credit unions to hold more risk-based capital.
June 20