Industry News
Industry News
-
The 15 largest banks had an average NCO ratio of 0.66% in the first quarter.
June 2 -
The question of when the CEO would retire and who might succeed him has hung over JPMorganChase for years.
June 2 -
The Florida bank plans to buy Villages Bancorp for $710.8 million, marking its second in-state acquisition of 2025.
May 30 -
Maryland passes legislation to oversee the earned wage access industry; Truist Financial adds ex-Morgan Stanley Finance Chief Jonathan Pruzan to its board; The Citizens Bank agrees to buy a First Capital Bank branch in North Carolina; and more in this week's banking news roundup.
May 30 -
The top five credit unions had more than $234 billion in loans and leases as of the end of Q4 2024.
May 29 -
Navy Federal Credit Union's partnership with Bloom Credit, a data breach at Coinbase and other tech news draw attention from bankers going into June.
May 29 -
What if the guiding narrative of 2,000 years of human history was a slow march toward the worship of money? A new book by Paul Vigna argues that we could fix this problem if we declared an old-fashioned jubilee and simply erased all debts.
May 29 -
The Consumer Financial Protection Bureau's erosion and the second phase of the Capital One merger with Discover are top of mind for bankers going into June.
May 28 -
The leaders that saw their salaries skyrocket the most in 2024 had also gotten pay cuts in the prior year.
May 28 -
A recent deal involving a troubled Texas bank shows that even the most lopsided depository can find an exit.
May 26 -
BancFirst Corp. plans to acquire American Bank of Oklahoma; JPMorganChase rolls out a new platform to advise clients on international dynamics; Greg Cunningham takes on a new title, expanded duties at U.S. Bancorp; and more in this week's banking news roundup.
May 23 -
Capital One's acquisition of Discover brings it to the top of the ranking.
May 22 -
The credit-card issuer, which recently closed its acquisition of Discover, hopes to become a true competitor with Visa and Mastercard. It won't happen right away, but analysts expect a large potential payoff if the multiyear push goes well.
May 22 -
The House Financial Services Committee passed bills to expedite bank merger review, limit the use of reputational risk in bank examinations and imposing timelines for supervisory determinations.
May 21 -
Five years after the pandemic forced banks to switch to online annual meetings, shareholders are growing frustrated by the lack of in-person options. Some wonder if they'll ever again be in the same room as boards and management teams.
May 21 -
The Pittsburgh bank is absorbing broker-dealer Aqueduct Capital Group into its investment banking unit, Harris Williams.
May 21 -
President Donald Trump is making progress with tariffs and his tax and spending bill after a brief stumble earlier this month.
May 21 -
The top five credit unions in the ranking had combined deposits of more than $278 billion as of Dec. 31.
May 21 -
The House of Representatives passed a joint resolution to nullify the rule finalized by the agency last and prohibiting it from implementing similar reforms in the future. It will now go to the president's desk for his signature.
May 20 -
Goldman Sachs joins its Wall Street peers in expanding in the region to tap its deep pools of capital.
May 20





















