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The deal includes roughly 120 client relationships. Employees in CenterState's trust department will join Cypress Trust.
December 11 -
A previously unknown ring of Russian-speaking hackers has stolen as much as $10 million from U.S. and Russian banks in the last 18 months, according to a Moscow-based cyber-security firm that runs the largest computer forensics laboratory in eastern Europe.
December 11 -
The Lansing, Mich.-based credit union was recently recognized by the CUNA Lending Council for its service to low- to modest-income members.
December 11 -
Samsung Pay users this week may begin transferring funds from two participating South Korean banks in the latest expansion of capabilities.
December 11 -
OneUnited is trimming branches and expanding digital offerings as it builds its brand as a backer of social justice that develops innovative products such as a Black-Lives-Matter-themed debit card.
December 11 -
MFA Acquisition, which plans to keep Maryland Financial Bank's name, wants to add more products and services after the deal closes.
December 11 -
The move signals that the Justice Department is satisfied with the bank’s upgrades to its compliance systems after it was ensnared in a money-laundering scandal in Mexico.
December 11 -
Apple’s acquisition of Shazam demonstrates the potential for Shazam’s technology to do so much more than identify pop songs playing over a store's speakers.
December 11 -
House and Senate bills contain a provision that would let financial firms in all states use digital scans of photo IDs to verify identities of prospective customers. That could ease the account-opening process for consumers in areas where branches are few and far between.
December 11 -
The central bank's proposal would eliminate the use of a bank’s "strength of support assessment" ranking among other changes.
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