Industry News
Industry News
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The New York-based bank, which serves plaintiff law firms, agreed to pay $348 million for a Windy City community bank.
March 12 -
The war may put a damper on bank mergers; and financial crime has become a global industry -- a big global industry
March 12 -
The conflict with Iran has thrown volatility into bank stock prices, which is often the currency of dealmaking. "Stability is important to be able to do deals," one analyst said.
March 12 -
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.
March 11 -
The Swiss bank turned to a federal judge to mediate its dispute with a Jewish human rights group, but the two sides left the courtroom in deadlock.
March 11 -
PE money eviscerates an RIA's client-first culture, leading to advisor burnout and turnover.
March 11 -
Dean Bass, who served as CEO at two Houston community banks, plans to acquire Lone Star Bank in a deal expected to close this summer.
March 10 -
An estimated 565,000 first-lien refinances closed in the fourth quarter, up 50% from a year prior and the most since the second quarter of 2022, ICE found.
March 9 -
Bank runs are only the final symptom of a much deeper malady, according to a new study.
March 9 -
JPMorganChase's Alfredo Porretti has left the firm; two junior Goldman Sachs bankers took part in a controversial fashion shoot; Societe Generale appointed Selina Cheung head of equity capital markets in Asia Pacific; and more in this week's banking news roundup.
March 6 -
Banco Santander's bid to buy U.S. regional bank Webster Financial could face surprise challenges following a dustup between President Trump and Spain's leaders over the war in Iran.
March 4 -
RIA leaders are debating "digital employees" but expect service models to expand to meet growing HNW needs, says industry observer Ric Edelman.
March 4 -
Brady, Key's chief information officer since 2012, resigned Monday due to "personal health considerations," the Cleveland-based bank said in a securities filing. Chief Financial Officer Clark Khayat will assume her duties.
March 2 -
Fulton Financial received the necessary approvals to acquire Blue Foundry Bancorp; JPMorgan hired two Bank of America health care veterans while shuffling leadership; Mizuho Financial Group has plans to replace about 5,000 administrative jobs with artificial intelligence over the next 10 years; and more in this week's banking news roundup.
February 27 -
Acquiring the $386 million-asset Pacific West Bancorp extends a strengthening bull market for bank M&A.
February 26 -
Willamette Valley Bank cited consumer shifts to nonbanks and stubborn interest rates behind the decision, joining a line of institutions to exit since 2025.
February 26 -
At an investor day in London, Banco Santander executives laid out the Spanish company's new financial goals, including a goal to improve a key profitability metric in the U.S. The pending acquisition of Webster Financial in Connecticut is part of the strategy to achieve higher returns, they said.
February 25 -
There's speculation about a potential deal, which could boost Stripe's merchant appeal and accelerate its agentic commerce strategy. But payment experts also say Stripe could face a bidding war that includes AI companies.
February 25 -
Stripe, which is closely held and is among the industry's most valuable companies, has expressed preliminary interest in a potential acquisition of the digital payments pioneer or its assets.
February 25 -
The investors agreed to buy 499 million shares of Citi's Mexican retail unit for around $2.5 billion. The sale was at a small premium to the initial stake the megabank sold to Mexican billionaire Fernando Chico Pardo last year.
February 23






















