Banking

Millennials are taking a different path toward leadership positions, and they’re bringing a different mindset along with them. Here’s what current leaders need to know.

The market for initial public offerings was the best since 2014, reflecting a surge in bank stocks and a need to fuel expansion plans.

A Russian cybersecurity software company reported last week that a new group of cybercriminals had stolen $10 million from 16 community banks. But there's no hard evidence that actually happened.

The two Democratic lawmakers sent a letter Monday to the four largest servicing companies asking them to address borrower complaints.

The payments CUSO noted this latest give-back comes after it had previously distributed $5.5 million in capital credits.

The planned purchase of Home BanCorp will nearly double the size of First Citizens' branch network in the Sunshine State.

While a robust dialogue about all forms of financial products is critical and regulation to protect consumers is necessary, removing a source of credit for hard-working Americans and eliminating choice should not be the focus of any federal agency.

The company has agreed to buy Kansas Bank Corp. and Adams Dairy Bancshares in separate transactions.

Credit unions are awash in digital transformation, and CU Journal is undergoing a transformation of our own.

The information you need to start your day, from PaymentsSource and around the Web. Today: Thales agrees to acquire Gemalto; Citi starts a new blockchain project; North Korea's cryptohackers; Airwallex draws funding; ANZ cuts fees for transfers.

Long-time CEO grew M&T Bank into a $120 billion regional lender; Jim McCarthy, a high-profile manager, didn’t inform company about relationships.

SMBs are choosing virtual cards as their preferred form of electronic payments because they solve many of their payment challenges, while also helping them avoid the costs associated with custom software solutions designed for larger businesses, writes Blair Jeffery, COO of Noventis.

Robert Wilmers joined M&T in 1983 when it had just $2 billion of assets and built it into a regional powerhouse with $120 billion of assets and operations in a dozen states.

For the first time in nearly nine years, an acquirer of a failed bank agreed to purchase only the institution’s insured deposits, making it likely that some customers will not recoup all of their uninsured funds.

JPMorgan Chase get a new branch banking leader; Trump's anti-Wells tweet stokes concerns; blockchain, GSE survival, and more in this week's top stories.

A representative from Basswood Capital will become a director in May.

Celebrating new facilities, scholarships, donations and other ways credit unions are giving back to their communities.

With Wall Street on board, investors look to spend coins on real estate or through bitcoin debit cards.

U.S. Reps. Gwen Moore and Paul Cook introduced a bill this week would allow more credit unions to expand their fields of membership to underserved communities.

The number of deals, overall dollar volume and premiums are on pace to top those from a year earlier, giving hope that even more consolidation will take place in 2018.