Trade groups submitted a wide range of complaints to regulators throughout the Community Reinvestment Act's comment period, including concerns about the revamp's timeline and how the proposal would evaluate online banking activity.

SoFi and Qapital are among the challenger banks that are finding ways to make money, a rarity in a sector where most companies have grown customer tallies faster than revenue.

Chuck Albrecht announced his plans to step down in March of 2023, concluding a more than 20-year tenure as president and chief executive.

Brooks Lambertson was among three people killed during a storm Thursday in the nation's capital. The 29-year-old managed sponsorships for Los Angeles-based City National and was in Washington for business.

The serial acquirer agreed to pay $488.6 million for Professional Bank, which operates in areas of South Florida that have seen an influx of business activity since the start of the pandemic.

The Inflation Reduction Act of 2022 will funnel nearly $400 billion in tax incentives toward clean energy projects while increasing taxes for large businesses, banks included.