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Two investors are in open revolt over what they see as inaction and underperformance at United Bancorporation of Alabama. Among their demands: more stock buybacks, lower expenses and new faces on the board of directors.
12m ago -
The nation's largest bank's fund for stablecoin issuers seeking GENIUS Act–compliant yield vehicles already has $700 million in assets.
53m ago -
Sony Bank received conditional approval from the OCC to launch a national trust bank subsidiary called Connectia for making its own dollar-backed stablecoins.
56m ago -
However, for the second quarter, increased home purchase mortgage activity contributed to an industry-wide 11% increase in agency securitizations, BTIG said.
1h ago -
OceanFirst Financial worked with an asset manager to apply the structure to a $1.5 billion portfolio of residential mortgages.
2h ago -
Banks are freezing hiring in some areas as they deploy more artificial intelligence.
2h ago










