The Patent Trial and Appeal Board has invalidated three patents owned by USAA, and some think this could be a turning point in ongoing patent litigation, in which USAA has already won more than $500 million from Wells Fargo and PNC.

After soured loans rose above the private student lender's expectations in 2022, its stock price fell 16% on Thursday. One analyst wrote that "persistent credit issues have damaged management's credibility."

Executives cited uncertainty created by surging interest rates, heightened regulatory scrutiny and the potential for a recession.

Greenville, in particular, is attracting financial institutions enticed by its growing population and healthy business climate.

An article in the Los Angeles Times provides an opportunity for bank executives to address the underlying problems. Instead comes a focus on damage control.

Pointing to an FDIC policy change in 2020, regulatory experts say it's time for the agency to revisit what constitutes a brokered deposit.