Retail & Commercial

Borrower equity fell $78.8 billion, or 0.5%, year over year in Q4, according to Cotality's Home Equity Report. That's an average decrease of $8,500.

Billy Beale, who was hired to clean up Virginia-based Blue Ridge Bankshares after its failed foray with fintechs, has left the $2.4 billion-asset company. His successor is Harry Golliday, who was named interim CEO.

A new report from the Consumer Federation of America says the true cost of online scams is an estimated $119 billion per year; Associated Banc-Corp moves forward with its planned acquisition of family owned American National; Servbank HoldCo completes its acquisition of IF Bancorp; and more in this week's banking news roundup.

As funding mechanisms for sovereign debt and large assets increasingly migrate toward real-time financial infrastructure, banks are at risk of being displaced as key intermediaries in global finance.

The New York-based bank, which serves plaintiff law firms, agreed to pay $348 million for a Windy City community bank.

A New York state bill would reduce the barrier for minority-bank and community-bank participation in the state's long-standing Banking Development District program.

A group representing this part of the industry and a community lenders' association both called for more time to implement the legislative mandate.

The conflict pushed oil price futures above $100 a barrel for a short time earlier this week, which affected bond investors and the 10-year Treasury yield.

Brookfield, Wisconsin-based Landmark Credit Union's planned takeover of American National Bank-Fox Cities is the second credit union-bank acquisition announced in 2026.

Agency MBS investors have had limited information about primary loans coexisting with home equity products, and may want to get more now, according to Experian.