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The biggest merger in years is reviving the idea that the industry is headed for a barbell-like shakeout, with very large banks on one end, community banks on the other and very few in between.
February 13
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OceanFirst in New Jersey shuttered more than a third of its branches but says nearly all the customers stuck with the bank because it trained employees to show customers how to go digital.
February 12
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The vast majority of comment letters to the FDIC support the fintech’s banking venture, in stark contrast to the public outcry over the pre-crisis ILC bids by large retailers.
February 12
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The agency began seeking comments in December through a "request for information" on how to improve the agency's process for considering new deposit insurance applications.
February 12
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On Sep. 30, 2018. Dollars in thousands.
February 11 -
On Sep. 30, 2018. Dollars in thousands.
February 11
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Regional and community banks are eager to buy branches and hire top performers from the merging companies.
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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The stars aligned for the two longtime rivals to join forces, and some observers speculate that other regional banks will need to strike similar partnerships if they hope to remain competitive. But others say such deals are rare because they're hard to pull off.
February 7
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BB&T and SunTrust would be able to go toe to toe with the industry's heavyweights.
February 7
