SOUTHEAST
The Federal Reserve Bank of Atlanta has promoted Andre Anderson to run
Mr. Anderson was promoted to vice president; as assistant vice president
He will report to James Hawkins, the bank's senior vice president of
SOUTHEAST
The Federal Reserve Bank of Atlanta has promoted Andre Anderson to run
Mr. Anderson was promoted to vice president; as assistant vice president
He will report to James Hawkins, the bank's senior vice president of
In this month's roundup of top tech news: The impact of Synapse's bankruptcy on the banking-as-a-service industry, large language models best suited for banks, Discover deploys generative artificial intelligence in its contact center and more.
But strong g-fees, a positive credit-loss adjustment and stable home prices bolstered results despite declines in mortgage purchases to lows not seen in some time.
The Los Angeles-based company, which focuses on Korean Americans, said the acquisition of Territorial Bancorp will allow it to expand its customer base.
The first bank failure of 2024 will result in the Lancaster, Pennsylvania-based Fulton nearly doubling deposits in Philadelphia, a market it has viewed as strategically important for several years.
The combination of the two regional banks is set to create a $64.5 billion-asset company with a 13-state footprint across parts of the Midwest, South and West.
Banks and other financial market participants have been keyed into the central bank's communications around monetary policy expectations. But in an unpredictable economy, the guidance doesn't always hit the mark.