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The three large banks banks are joining a number of institutions in agreeing to eliminate fees for Californians who receive benefits via electronic transfer cards. Chase and BofA will also waiving the fees nationwide.
February 8
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The company’s investment in a small business lender is said to be the biggest ever in Europe; the merger may raise questions from regulators, spur more mergers.
February 8
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BB&T is buying SunTrust Banks, creating a $442 billion-asset institution. Credit unions are hopeful the mega merger will present an opening to pick up new business.
February 8
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Readers respond to the Consumer Financial Protection Bureau's overhaul of its payday loans rule, debate reforms to Fannie Mae and Freddie Mac, consider regulatory exemptions for regional banks and more.
February 7
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SunTrust’s merger with BB&T is the largest bank deal since the financial crisis, and mortgages will play a critical role in the execution of this transaction.
February 7
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The merged bank would set up an innovation and technology center in Charlotte as part of its bid to compete better against the largest institutions and fintech startups.
February 7
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Customers reported being unable to access online banking, mobile banking or their debit cards.
February 7
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Why now? Will it work? How will their rivals respond? The megadeal between the two East Coast regionals offers up plenty of grist for speculation.
February 7
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Management success isn’t about adopting the latest technology craze or exuding charisma, it’s about prioritizing employees and customers.
February 7
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The deal would be the biggest bank merger in more than a decade; banks would need to show how many days they could last with just cash on hand.
February 7
