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The top five bank M&A deals had an average deal value to tangible common equity ratio of nearly 185%.
March 5 -
President Donald Trump said he inherited an "economic catastrophe" from his predecessor in a joint address to Congress, though markets fell Tuesday on fears of a budding trade war with Canada and Mexico.
March 4 -
Edward Arthur Nurse was in charge of the vault at Park Side Credit Union. Then $389,000 went missing, replaced by piles of fake cash.
March 4 -
Sympera AI, an agentic AI fintech founded by Personetics founder David Sosna, seeks to offer AI tools to banks looking to scale their relationship banking.
March 4 -
The banking sector has stabilized significantly since the spring of 2023, but elevated interest rates have created lingering issues on bank balance sheets.
March 4 -
Independence Bank can cease operations once it satisfies the conditions in an FDIC consent order. Liquidation would close out a five-year drama that began when regulators cited the bank for SBA lending irregularities.
March 4 -
Goldman Sachs Group is planning to start its annual round of reductions earlier in the year after previous cuts took place in the latter half.
March 4 -
Increases in memberships and loan originations led to the bank's improved performance.
March 4 -
The Biden-era suit against Zelle's parent company and its largest bank parent owners sought to require banks to reimburse consumers for "induced fraud," when a consumer is tricked into sending money to someone under false pretenses.
March 4 -
Artificial intelligence will make finance more efficient, reduce inefficiencies and empower professionals to do more with less. But the need for human judgment, leadership and risk-taking? That's not going anywhere.
March 4