The Latest

10 things to know in July: Merger-and-acquisition announcements in the community banking space slow down, a Native American neobank sets out to offer bespoke services to tribes and more.

The Maryland bank has lost 13% of its credit card customer base in the past year amid a flurry of marketing activity by newer players. But it is refusing to panic.

Banks that need to fill large volumes of jobs increasingly let AI decide who’s in and who’s out, based on analysis of digital resumes and video interviews. Algorithms can take a more inclusive and less biased view of candidates, but experts say there are several things to watch out for.

Citigroup is requiring some of its least-profitable trading clients to post more collateral and is even dropping some of them to help boost returns in its markets business.

As competition tightens in the buy now/pay later arena, fintechs including Klarna, Afterpay and Zilch are upgrading perks to keep consumers from straying to their rivals.

A combination of higher organic loan growth and fee-based revenue streams powered top-performing banks in 2021.

Three Black-owned U.S. banks have bought a piece of a $1.23 billion syndicated corporate loan, a rare move in a market typically dominated by bigger Wall Street and regional lenders.  

The Mississippi company said it would pay $207 million to acquire Heritage Southeast Bancorp in Atlanta. It also has a pending agreement to buy Beach Bancorp in Florida.

Our annual ranking of banks looks at the metrics that matter.

State Bankshares in North Dakota was the top performer in the $2 billion to $10 billion asset class in 2021, according to Capital Performance Group. Strong commercial lending, a national mortgage business as well as regional wealth management and insurance units offer diverse sources of growth, a company executive says.