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The Canadian bank initially told investors the acquisition would result in more than $350 million in cost savings. But a recent analysis suggests that number could be even higher.
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The Federal Reserve Board governors say they're worried about the added cost of the new requirement for non-systemically important banks as well as the implications for regulatory tailoring.
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Zolve, a fintech that serves folks moving to the U.S., partnered with Gigs, a German startup, to roll out its mobile plan product.
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Michigan State University Federal Credit Union, seeking to add $300 million of assets in Illinois, has agreed to purchase McHenry Savings Bank.
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Maryland is the latest state to decree that employer-sponsored EWA products aren't loans, but the battle over how they will be regulated is just beginning, experts say.
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The regional bank's stock price is down 38% this year, and it recently got downgraded by S&P Global. While there's light at the end of the tunnel — as Key looks to rebound from the negative impact of soaring interest rates — analysts question whether the improvement will take too long to materialize.


















