Corporate governance

Ana Botin, the Spanish banking giant's chairman, is counting on Santander's new digital platform to help drive expansion in the U.S. and Latin America.

This is the second time in five years the California-based credit union has issued a giveback, for a total of $38 million.

The deal is Seacoast's third acquisition of a bank with operations in Palm Beach County.

The regulators approved the deal after nine months of consideration, but the Fed hit SunTrust with a consent order tied to "unfair and deceptive" business practices from 2013 to 2017.

United Bankshares in West Virginia was willing to pay a healthy premium for Carolina Financial, one of a dwindling number of available banks with more than $4 billion in assets.

The Bakersfield, Calif.-based institution has applied to convert to a state charter.

The company will pay $1.1 billion for Carolina Financial in Charleston, S.C., in a deal that will add nearly $5 billion in assets.

More banks in the state are considering acquisitions to cut costs and combat margin pressure.

The Wisconsin-based institution has returned more than $11.7 million to members over the past six years.

It’s the company’s responsibility to come forward with the information about how an algorithm that could be discriminating against women borrowers was designed and the exact impact of it, she said.