Financial institutions

The Memphis, Tenn., regional will explore the use of voice assistants as part of its digital banking push.

The likelihood of Fed rate cuts is causing banks to plan for less net interest income, but it would be a mistake for JPMorgan to back off its move into new markets and tech investments, Jamie Dimon says.

Resistance to Libra on the Senate Banking Committee was bipartisan, and other takeaways from Tuesday’s hearing.

The agency's board voted 3-1 on Tuesday to give large banks additional time to comply with new rules that force them to keep better track of insured deposits.

The Cleveland regional said the matter is tied to a commercial client and that law enforcement is investigating it.

The Georgia regional plans to open more branches in the state as it looks to loan growth and fees as a way to offset intense competition for deposits.

The U.S. lacks mechanisms authorized in other countries to flag nonbank risks, Eric Rosengren says.

The Connecticut company will add heft in its home state and Massachusetts when it buys the former mutual.

Piermont Bank, set to open this week, will be the city's second new bank this year.

Lawmakers circulated a bill just ahead of hearings on Facebook’s Libra cryptocurrency that would prohibit companies with over $25 billion in annual revenue from launching a digital financial asset.

Ribbon-cuttings for de novos have become more common as regulators have warmed up to the idea of granting new charters. These are the banks that have opened this year, along with more that are on track to do so.

Facebook’s plan to launch a cryptocurrency has raised concerns that state banking regulators may not be equipped to oversee large, international companies.

Trustar Bank is set to debut in northern Virginia in July.

Aside from BB&T-SunTrust, dealmaking got off to a sluggish start this year. But that may soon change, not just because of pressure to achieve scale. For many banks and credit unions, a technology-capability gap could be the determining factor.

Organizers of Community Bank of the Carolinas in Winston-Salem said that they will return capital to investors and pursue other alternatives, including buying an existing bank.

Some large banks, including Bank of America and JPMorgan Chase, will increase dividends and stock repurchases by double digits.

The new accounting standard for loan losses combined with an expected rule change around incentive-based compensation could hit bank chiefs in the wallet, according to a new report.

Focusing regulatory reforms on risk-based activities is a more effective approach to weeding out potential systemic threats.

The legislation, which passed a key test in the state Senate on Wednesday, is the product of a compromise between consumer advocates and some lenders.

The FDIC's new complex institution supervision and resolution division will be operational July 21.