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The banks, which plan to merge as Truist Financial, are expected soon to start selling hundreds of branches in the Southeast to satisfy antitrust concerns and increase efficiency.
September 4 -
With legal questions still lingering, the regulator said it will begin accepting applications from credit unions looking to take advantage of its revised field of membership rule but did not specify when it would take action on those submissions.
September 4 -
The company sees increasing consumer demand for cryptocurrency, especially in Asia, and gradual acceptance among financial institutions.
September 4 -
Despite the growth of digital advice, there's resistance to the business inside banks because of internal politics and a lack of data sharing, the company's CEO says.
September 4 -
With no fintech applicant officially seeking the agency’s specialized charter, Judge Dabney Friedrich said claims by the Conference of State Bank Supervisors still were not ripe.
September 4 -
Loans and net income continued to rise while delinquency rates improved. Other major trends continue, including ongoing consolidation amid sustained membership growth.
September 4 -
Intense competition for deposits and a growing need for scale are spurring more New Jersey banks to seek out buyers.
September 4 -
Amazon is reportedly testing technology that allows contactless payments via a hand gesture, applying technology that would provide valuable insight to fuel other initiatives such as Amazon Go.
September 4 -
The Poughkeepsie, N.Y.-based institution will be able to serve a dozen counties after the change takes effect on Oct. 1.
September 4 -
The Trump administration is not backing down even after a federal court blocked guidance that would have limited the operations of national housing funds.
September 4