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Prosperity Bancshares announced plans to buy Corpus Christi-based American Bank Holding Corp. in an all-stock deal.
July 18
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Private mortgage insurers must accept the FICO alternative as valid collateral before it can be widely adopted by the mortgage industry.
July 18
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A Wells Fargo customer was surprised to receive a "cryptic notice" and a cashier's check from the firm compensating him for float fees charged more than a decade ago. A lawsuit followed.
July 18
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The Minneapolis-based bank reported solid commercial growth during the second quarter, with the momentum carrying over into July.
July 17
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A new federal law that decouples health savings accounts from high-deductible insurance plans is expected to be a tailwind for the Connecticut bank's health care unit.
July 17
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Executives believe the Dallas bank will hit its target for improving a key profitability metric later this year, driven by investment and trading fee income.
July 17
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After the rapid rise of interest rates, election uncertainty and tariff policies stymied borrower demand, some banks' second-quarter results suggest that loan growth may be on its way back.
July 17
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A spike in the bank's noninterest income powered its better-than-expected net income and revenue in the second quarter.
July 16
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The Republican Freedom Caucus wants to combine the market structure bill with another measure prohibiting the formation of a Central Bank Digital Currency. That move could tank the market structure bill's chances of becoming law, and with it the banking industry's best chances of getting its priorities enacted.
July 16
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How banks can cater to this desire to prioritize experience spending and support customers to do more of what they love
