The fall of a major cryptocurrency exchange and subsequent drop in digital currency prices represent an opportunity to some bankers, who say investors and businesses will turn to regulated companies for crypto help.

Younger borrowers and those with lower incomes added the most to their card balances in the third quarter, according to a New York Fed report. Delinquency levels are also on the rise, a sign that more consumers are struggling to pay off higher debt loads.

Ninety institutions made American Banker's 10th annual list of the Best Banks to Work For. Here are insights about communication, leadership, culture and more from executives at this year's honorees.

Bank of America, JPMorgan Chase and other institutions — including more than two-thirds of honorees that made the Best Banks to Work For — show no let-up in their commitment to add transitioning service personnel. In fact, they're expanding their reach to include military spouses.

Highly acquisitive banks that pack on assets without sacrificing employee morale pepper American Banker's annual Best Banks to Work For rankings.

Inconsistent rules for calculating bank capital threaten to cut off small banks from a key source of liquidity.

The Seattle bank's all-stock deal for Luther Burbank Corp. is expected to close as soon as the second quarter of 2023.

The quickly shifting deposit picture — an effect of the Federal Reserve's rapid interest rate increases — is prompting many banks to raise rates to prevent depositors from leaving. Several institutions saw their loan-to-deposit ratios jump above 100% during the third quarter.

The ruling means that a lower court's pro-consumer decision cannot be used as a precedent in other litigation. Consumer advocates had hoped the case would make it more difficult for debt buyers in North Carolina to file a large volume of lawsuits, which often lead to default judgments against borrowers.

Spencer Savings in New Jersey is taking investor Larry Seidman to court, alleging he's conspiring with other customers to convert the bank to stock ownership. Seidman says it's a farce: "I'm in a conspiracy with people I don't know."

Bank regulators are considering a measure that would rewrite the rules implementing the Community Reinvestment Act. They should consider taking their existing rules seriously.

Savanna-Thomson State Bank in Illinois has agreed to buy Fidelity Bank in Iowa and says it expects to complete the acquisition early next year.

The San Francisco company is now estimating a net interest margin of 2.45% for the fourth quarter, down from 2.71% three months earlier. The profitability metric has suffered as customers ask for higher rates on their deposits.

The $186 million deal, announced in November 2021, was originally expected to close in the first half of this year. "The environment for M&A is just more challenging," an OceanFirst executive says.

During the third quarter, the industry braced for a potential recession by making it harder for borrowers to access credit, according to a new Federal Reserve survey. Bankers indicated that they are ready to take stronger action in a downturn that many of them now see as likely.

The prepaid wireless provider needs ways to reduce churn, and it has created a neobank to do that. However, it comes with a boatload of fees.

F.N.B. Corp. in Pittsburgh is cutting a pair of overdraft-related fees by between $2 and $8 — relatively modest changes compared with those enacted by some larger banks. At the same time, it's taking various steps to make it easier for customers to avoid the controversial charges.

Citigroup said it agreed to buy Deutsche Bank's Mexican bank license amid plans to set up a local unit as the New York-based lender exits retail operations in the country.