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Farmers National Banc Corp. in Ohio plans to acquire in-state rival Middlefield Banc Corp. in a deal that will deepen the buyer's footprint in Columbus.
October 22 -
The president of the planned Georgia Skyline Bank says he's cautiously optimistic that his group can raise $35 million of startup capital in time for an opening early next year.
October 22 -
New guidance outlines specific due diligence and oversight steps banks must take, reinforcing that they are ultimately accountable for vendor failures.
October 21 -
The parent company of Heartland Bank and Trust plans to acquire a smaller bank based in Carlinville, Illinois. The acquisition would give the buyer added heft in Central Illinois, as well as the Chicago and St. Louis metro areas.
October 20 -
Spring Bank CEO Barry Mann has accumulated a 6% stake in New York City-based Carver Bancorp. Carver has a history of underperforming, but Mann is optimistic about its chances under new CEO Donald Felix.
October 20 -
Canadian banks, financial institutions, fintechs and commerce companies have come together to develop a Canadian dollar-backed stablecoin that is slated to go live in early 2026. The move comes as U.S.-based banks continue to evaluate their own participation in the post-GENIUS Act world.
October 9 -
The "Roughrider" coin, which is scheduled to launch in early 2026, will be the first state stablecoin to launch on Fiserv's digital asset platform.
October 8 -
The London-based firm is seeking a license that would provide a direct connection between merchants and card networks, reducing reliance on third parties and brandishing the London company's image as a player in America.
October 6 -
Portugal's Feedzai will build the fraud detection system for Europe's planned digital currency, a deal worth up to $278 million.
October 2 -
In a break from a 20-year history marked by losses and scandal, California International Bank in Westminster is on pace for its biggest-ever profit, its CEO says.
October 1 -
Houston-based Prosperity will pay $269 million in stock for Southwest Bancshares in San Antonio. The sale comes on the heels of the death of Southwest's founder and chairman.
October 1 -
The Toronto-based bank announced enterprise-wide and business-specific revenue and expense targets, almost exactly one year after it was hit with more than $3 billion in fines and an asset cap for money-laundering-related blunders.
September 29 -
Adrienne Harris, head of the New York Department of Financial Services, will step down after four years in the job. She will be replaced by Kaitlin Asrow as acting superintendent beginning on Oct. 18.
September 29 -
The $18.6 billion-asset Muncie, Indiana-based company agreed to pay $241 million in stock to acquire First Savings Financial Group and expand into the Southern end of the Hoosier state.
September 25 -
QNB's proposed $41 million deal to acquire The Victory Bancorp in Limerick, Pennsylvania, is set to create a community bank with $2.4 billion of assets.
September 23 -
Six class action lawsuits seek over $5 million after an insider accessed sensitive records.
September 23 -
Between 2021 and 2025, the Japanese bank SMBC has raised its stake in the U.S. investment firm from 4.5% to 20%.
September 19 -
Euro-area finance ministers agreed on a key step in their efforts to roll out a digital currency, adding impetus to a project that's becoming an important counterweight to US stablecoins.
September 19 -
AIB was on the verge of collapse when it was bailed out by the Irish government in 2010. Why did its turnaround, which hit a key milestone earlier this year, take so long?
September 19 -
The Bank of England may cap ownership, drawing ire from crypto groups that claim that will hinder innovation.
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