The Mississippi-based First says the deal would allow it to acquire key talent, bolster its presence in northwest Florida and expand into the Tampa area.

The lender is the latest to announce cuts in response to declining production volume.

M&T Bank in Buffalo, New York, named Peter D’Arcy head of commercial banking after completing its acquisition of People’s United Financial earlier this month. D’Arcy will take over from Gino Martocci, who is retiring.

The bank didn’t disclose which specific employees, or how many, were impacted by the announcement.

Stripe's Twitter test, SVB's rebranding and more in banking news this week.

Health care, home improvement, cannabis, gaming and college students are among the areas banks are targeting with the help of innovative tools.

The bank asked to move the discrimination case from a Black magistrate to a supervising White district judge, which attorneys for plaintiffs said was an attempt to ‘redline the federal court.’

The New York bank is planning a broad launch of its new checking account later this year. Starting this week, more than 20,000 Goldman employees have a chance to try it out.

First Horizon Advisors resolved a supervisory investigation involving a former rep after its parent firm announced it’s being purchased for $13.4 billion.

While millions of employees have voluntarily left their jobs over the past year, senior level industry leaders have continued to advance their careers.

Noah Bank is considering proposals from an investor group and a New Jersey-based peer.

Earnings and total loans fell in the first quarter at M&T, but the Buffalo, New York, bank offered a rosier forecast for the rest of 2022. The outlook anticipates a shot in the arm from the recent acquisition of People's United Financial.

Bruce Van Saun, the Rhode Island bank’s CEO, previewed a branch-light strategy in new markets like South Florida and Washington, D.C. Citizens recently closed acquisitions of Investors Bancorp and much of HSBC’s U.S. retail banking business.

Regulators in a half dozen states have now thrown at least temporary roadblocks in front of credit unions’ effort to buy community banks.

Robinhood Markets agreed to acquire Ziglu, a London-based crypto and payments company, ending the U.S. brokerage’s long pause on international expansion.

Cleveland-based Ancora Holdings Group is picking up where it left off in 2019, calling for the sale of Middlefield Bancorp in northeast Ohio. Only this time Ancora says it's willing to initiate a proxy contest if management stands in the way of a possible transaction.

Matt Rookard, who has worked on economic development initiatives in the state, will succeed Bob Gallman, the former president and chief executive, on May 2.

Stephen Owen has worked for Bank of America and OnPoint Community Credit Union in Oregon, and will succeed Charles Bruen at the Hollywood-based credit union.

Bank of America joined Wall Street rivals in capitalizing on market volatility in the first quarter while also benefiting from a 10% year-over-year increase in loans.

Mastercard's metaverse designs, a guilty plea for fraud conspiracy and more in banking news this week