The nation's largest banks today are the products of hundreds of mergers. In honor of American Banker's 175th anniversary, we've mapped the genealogy of the top four. Double-click on each merged bank to see its predecessor institutions; double-click again to collapse the boxes.
The state is requiring merchants to accept cash denominations of $20 and under and prohibits them from charging extra to accept cash. The law, which goes into effect in March, comes as merchants are responding to the Trump administration's abrupt cancellation of penny production.
A bipartisan housing provision has emerged as a critical negotiating point for passage of an uncommonly bank-relevant defense authorization bill.
More than 400,000 consumers may be affected after Marquis Software Solutions suffered a breach traced to a bug in SonicWall software disclosed last year.
Midland States Bancorp has completed three major asset sales in the past 12 months, exiting national business lines and shifting focus to its core community banking franchise.
Employees throughout the company can use generative AI to query data from sales calls, email, invoices and a host of other information sources.
The Canadian bank is determined to grow its U.S. business organically, CEO Darryl White said Thursday. But with so much excess capital, analysts wondered about the bank's appetite for M&A.
