Banking

The Pennsylvania company gained $67 million in assets under management as part of the acquisition.

The Veterans and Consumers Fair Credit Act would extend Military Lending Act protections to all consumers.

The company, which plans to become Altabancorp, said the initiative removes brand confusion and puts its size and scale on display.

New data analytics could help provide more comfort to banks in doing business with the cannabis industry, despite restrictive federal laws.

Goldman may abandon its revenue goal; in an attempt to boost revenue, Credit Suisse picks new leaders for its investment banking and capital markets unit.

BIS appoints a stablecoin expert to a top position; Goldman responds to Apple Card gender bias claims; and other information you need to start your day, from PaymentsSource and around the web.

Many in the industry have cheered regulators’ interest in improving the supervisory rating system, but they may shy from commenting publicly about their experiences in a confidential process.

Dealmaking through early November is slightly ahead of last year's clip thanks to a recent flurry of merger announcements. However, excluding BB&T-SunTrust, values and multiples are shrinking.

The tech company’s card seems to be raising consumers’ expectations that they should be able to get and use a card instantly and receive useful notifications.

Community bank leaders at an ABA-hosted meeting questioned the timing for a new accounting standard for loan losses and discussed their struggles to keep pace with new technology.

Credit union leaders can't truly understand how consumers interact with their institution until they've walked through those processes themselves and dealt with the same pain points members face.

Tom Marano, a former Bear Stearns banker, was apparently well compensated following the housing crisis for heading up ResCap and Ditech, both of which went into bankruptcy.

The tech company’s card seems to be raising consumers’ expectations that they should be able to get and use a card instantly and receive useful notifications.

Year to date Jun. 30, 2019. Dollars in thousands.

Marks & Spencer offers install payments; Worldline looks for crypto in Switzerland; and other information you need to start your day, from PaymentsSource and around the web.

A look at some of the ways the not-for-profit financial sector intersects with the military.

The New York State Department of Financial Services is opening a probe into Goldman Sachs' credit card practices after a viral tweet from a tech entrepreneur alleged gender discrimination in the new Apple Card's algorithms.

Most consumers, even those in rural communities, have become accustomed to digital services. That's something certain community banks better face up to, panelists at the ABA conference said.

First Horizon, Iberiabank in year's second-biggest bank merger; bank failure in New Jersey is nation's third in a week; smaller banks take a turn swinging the ax; and more from this week's most-read stories.

HMBradley will assign interest rates according to how much customers set aside from direct deposits each month.