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New loan acquisitions fell to their lowest level since 2020, but companies also grew shares of residential securities noticeably over the past three years, S&P Global Market Intelligence said.
June 13 -
A consortium of financial companies said premiums are rising despite a relatively low level of overall risk, causing some banks to reconsider their policies.
April 5 -
CEO Bill Rogers affirmed the North Carolina bank's commitment to an expansion of Truist Insurance Holdings. But he declined to comment on a recent report that the company was exploring the potential sale of up to 30% of the business.
December 6 -
The North Carolina bank has made 11 insurance-related acquisitions in the last three years, and a top executive forecasts more buying chances as brokerage consolidation continues.
November 4 -
Onuu uses artificial intelligence to help its customers with budgeting.
September 23 -
Mechanics Bank in Walnut Creek, California, has signed up to be Inclined's first partner.
September 23 -
The North Carolina bank's insurance subsidiary agreed to pay $3.4 billion to buy BankDirect Capital Finance. The sale reflects opposing strategies by the two companies.
September 6 -
Lawmakers on the Senate Banking Committee voiced some scattered support for changes to improve the finances of the National Flood Insurance Program, but comprehensive reform appears out of reach.
June 23 -
The National Flood Insurance Program has been without a long-term reauthorization for five years, and it seems poised to stay that way after its first congressional hearing since 2019.
May 25 -
Per bank groups’ request, banking regulators clarified that institutions won’t receive supervisory action for falling short of the guidance.
May 11