The firm may get rid of up to 4,000 jobs to contain a slump in profit and revenue, people with knowledge of the matter said earlier this month, although the final number could come in lower.

Gone are the days of easy lending, cheap money and zero-interest deals. Here to stay: shifting rates, currencies, and inflation that will define the new age in capital markets, according to Bank of America Corp.'s Elif Bilgi Zapparoli.

JPMorgan Chase's Warsaw office is planning to extend a work and training program for Ukrainian refugees for another year after hiring around 50 this summer.

Banks saw dealflow weaken in 2022, both for deals on which they advised and for their own M&A involving other banks and fintech companies.

Lenders are bracing for possible setbacks in small business, office and hospitality lending. Consumer credit challenges may follow.

Analyst estimates show the six banks are quickly closing in on that financial high water mark and that if they don't reach the milestone at the end of this month, they will sometime in the first few weeks of 2023.

The New Canaan Bank would have been the state's first de novo in more than a decade.

Your best future employees aren't looking for banking jobs. Successful hiring requires actively seeking out talent.

The Amesbury-based bank reported solid growth and profitability throughout Dave Mansfield's 9-year tenure. The decision followed news of losses tied to the bank's move into digital-asset lending, though the bank has yet to file a 10-Q for the third quarter.

Despite a slow year overall, banks announced several substantial merger and acquisitions in 2022.

The $23 million deal, announced more than a year ago, was terminated following regulatory delays.

A consumer financial-health checkup from the CFPB, a Mid Penn M&A deal in Jersey and more in banking news this week.

In his first American Banker interview since becoming CEO two years ago, Thomas Cangemi talks about the company's transformation into a full-service commercial bank now that it has completed its twice-delayed acquisition of Flagstar Bancorp.

The credit union hired Janell Upton to succeed Chaz Rzewnicki, who left to become CEO of Vibe Credit Union in Michigan.

The bank hired Thomas Geisel to take over as president and chief executive, effective immediately. He succeeds Harry Madonna, who had been interim leader after the ouster of Vernon Hill.

Credit unions announced 15 deals for banks in 2022, surpassing 2021's total — with much of the momentum coming late in the year.

The interim chief executive, Mark Wilburn, has been with Truity more than 25 years. The outgoing CEO, Dennis Halpin, plans to retire in January.

Rivertown Community Federal Credit Union and Allegan Credit Union in Michigan will join forces in January under their shared boss, Kris Lewis.

The bill will require the agency to codify the use of desktop appraisals.

Alabama One said the deal for First Bank of Wadley, a subsidiary of Peoples Independent Bancshares in Boaz, Alabama, would expand its footprint in the eastern part of the state.