Kim Ruth once served as a state president for Bank of America in Texas.

Mastercard’s $920 million acquisition of VocaLink hasn’t cleared all the regulatory hurdles yet, but it’s closer to the finish line now that the U.K. Competition and Markets Authority (CMA) has said it will consider a strategic solution Mastercard has proposed to offset potential threats to competition.

While the Trump administration could relax other bank regulations, it is unlikely that it would ease up when it comes to money-laundering compliance.

The $190 million deal would push Renasant above the $10 billion-asset regulatory threshold.

The company has been producing solid loan growth in recent quarters.�@9@e

The Office of the Comptroller of the Currency could make the Community Reinvestment Act’s spirit relevant in a digital age so long as it builds the right framework for chartered fintech companies.

Commerce Bancshares in Kansas City, Mo., reported higher quarterly results that reflected great credit quality.

The Minneapolis company reported gains in lending and fee income, but merit-pay increases and compliance-related spending contributed to higher noninterest expenses.

About $12 million of the proceeds will go toward exiting the Small Business Lending Fund.

Citigroup reported fourth-quarter profit that surpassed analysts’ estimates as trading revenue jumped 31%, more than the bank had forecast last month.

CUs across the country are redoubling their efforts to demonstrate the credit union difference.

The embattled company's new incentive pay plan appears to resemble those used by other banks, which suggests that regulators are unlikely to demand big changes throughout the sector.

The Michigan company expects a recently announced mortgage initiative to produce solid growth in 2017.

The U.K.’s Competition and Markets Authority (CMA) is on the verge of announcing its decision in its regulatory review of Mastercard’s acquisition of VocaLink, the London-based agency said.

Cardtronics is bringing its relationships with Citi and Walgreens together, bringing Citi branded ATMs inside Walgreens locations across the U.S.

Ategra Community Financial Institution Fund believes the move would improve independent oversight of management.

As its name implies, First Oklahoma is the oldest CU in the Sooner State.

The company sued the former director over the debt, which disqualified him from board service.

The Columbus, Ga., bank reported higher fourth-quarter profit on growth in business loans and mortgage banking.

The author responds to critics who say the national movement to move money from big banks to black-owned institutions may not be fueling many loans to minorities and residents of low- to moderate-income communities.