Financial institutions see an opportunity to nab scale after years of tepid dealmaking, but investors are pushing back against such efforts out of concerns about shareholder value.
The global bank created an educational campaign designed to alert customers to the risk of AI-generated scam advertisements on social media.
The Wisconsin-based regional bank plans to acquire American National Corp. in an all-stock transaction valued at $604 million. It is Associated's first acquisition announcement since Andy Harmening became CEO in 2021.
After Citizens CEO Bruce Van Saun announced a company-wide AI makeover, Chief Information Officer Michael Ruttledge told American Banker about what's happening under the hood.
The Consumer Financial Protection Bureau and its union filed legal briefs Friday after a district court judge asked if a preliminary injunction aimed at preventing a mass layoff is still in effect.
The latest linkup with the software provider Wave gives Fundbox access to more than 350,000 potential borrowers. It's the fourth major partnership that Texas-based Fundbox has announced in 2025.
