Robert Fehlman, who has worked with the bank since 1988, will succeed George Makris Jr. at the start of 2023.

Legislation to open banking services to marijuana businesses was left out of a must-pass government funding package, ending a year-end effort to move it to President Biden's desk, a person familiar with the decision said.

Dan Clarke succeeds Rachel Caron, who was CEO of the $256.4 million-asset organization for 12 years before retiring in June.

Banks, fintechs and credit unions are cautiously investing in technology and customer experience as next year's economy remains uncertain.

A carbon-credit transaction network developed by nine banks including Canadian Imperial Bank of Commerce and UBS Group is a step closer to launching early next year after completing a series of pilot trades.

Banco Bradesco, Brazil's second-biggest bank by market value, plans to buy more minority stakes in tech companies to accelerate its expansion in the United States.

A hard-fought battle between Citigroup and creditors of Revlon over an epic blunder in which the bank accidentally sent the lenders almost a billion dollars was finally capped with a legal pronouncement: Case dismissed.

Dicier credit conditions, recession fears and tougher regulatory scrutiny combined to weaken merger activity in 2022. A push for scale is bound to resume when interest rates level off — at least among smaller banks, analysts say.

The business being sold to Madison Dearborn Partners provides trustee and administrative services to asset managers and retirement plans.

The crypto exchange Binance.US will buy Voyager Digital's assets out of bankruptcy in a deal worth $1.022 billion, a discount to an earlier, failed sale struck with FTX.

Banks, fintechs and advisors are cautiously pushing investments next year to keep up with industry expectations.

A group of shareholders in the Dubuque, -Iowa-based bank, including a former chairman and CEO, have agreed to quit advocating for a sale of the $19.7 billion-asset company

Blair will succeed longtime executive Kessel Stelling as chairperson of the bank's board of directors after joining Synovus in 2016 and moving into the CEO position last April.

Goldman mulls deeper cuts, FDIC names fund leaders and more in banking news this week.

In a new survey, executives at banks and credit unions registered the highest level of anxiety about a forthcoming data-collection rule in small-business lending.

In the third CU-bank deal announced in the past 10 days, LGE Community Credit Union in Atlanta would acquire Greater Community Bank in Rome, Georgia.

Mazars Group, the accounting firm used by the crypto giant Binance Holdings and other big players in the industry to vouch for their assets held in reserve, has halted all work for crypto clients, dealing a blow to an industry seeking to shore up confidence in the wake of FTX's collapse.

Here is the cast of characters who will affect bankers and their industry in the coming year, both positively and negatively.

Customer outflows from Binance's cryptocurrency trading platform are slowing, according to blockchain data from two digital-asset analytics firms.

The banks advertised the transaction as a merger of equals, but Shore shareholders would own 60% of the company.