The trade group chose Brian Knight to succeed longtime leader Lucy Ito, who announced her retirement earlier this year.

Capital One Financial agreed to pay $190 million to settle a class action filed against it after a hacker broke into its cloud computing systems and stole their personal information.

The buyer, Union Bank of the Philippines, will pay about $904 million for Citi's local credit card, unsecured lending, deposit, brokerage and investment businesses.

The mission of the North Carolina company, founded by banks to archive digital images of checks, has evolved over the last 20 years. It is migrating to a public cloud to help it expand beyond check services.

Kit Snyder, who has led Consumers since 1983, will be succeeded by Scott Sylvester, the credit union's chief operations officer.

Eli Tinsley, the bank's chief banking officer, was promoted to president and chief executive.

McDonald’s agreed to sell Dynamic Yield, an artificial intelligence startup acquired under its former CEO in 2019 for more than $300 million, to Mastercard.

Darryl White has made no secret of the Canadian company’s intentions to expand its U.S. presence, and the deal for San Francisco-based Bank of the West would give it a foothold in the nation’s largest and richest state.

The acquisition would give Avadian, which is based in Birmingham, two more locations in its home state and increase its assets to approximately $1.2 billion.

One of the largest M&A agreements of the year occurs as policymakers are locked in a fight over whether to toughen scrutiny of big-bank mergers and acquisitions.

The year's biggest storylines included an M&A revival, a reexamination of overdraft fees, a changing of the guard in Washington and the rise of new technologies. Here's a look back.

The central bank also signed off on Webster Financial’s acquisition of Sterling Bancorp and WSFS Financial’s purchase of Bryn Mawr Bank Corp. The moves come amid a political fight over the bank merger approval process.

Assistant Attorney General Jonathan Kanter praised Consumer Financial Protection Bureau Director Rohit Chopra “for his leadership" on bank merger issues. Chopra and two other Democratic board members at the Federal Deposit Insurance Corp. are locked in a battle with Chair Jelena McWilliams over the agency’s own merger policy.

David S. Sprague, who has led Hanscom FCU since 1996, will become a member of the credit union’s board of directors after stepping down as chief executive.

Tonia Niedzialkowski will succeed longtime CEO Bernie McLaughlin, who is set to retire in late January.

The Alabama bank is buying Clearsight Advisors to add to its booming capital markets division.

The Canadian lender has held initial talks about an acquisition of BNP Paribas’s Bank of the West unit, according to people familiar with the matter. Bank of the West had a book value of about $13.7 billion on Sept. 30, according to FDIC data.

The Louisiana-based Home has agreed to pay $66.6 million for the $445 million-asset bank.

HUD official Alanna McCargo takes over the top job at the government corporation, which has had a series of acting leaders since 2017.

The Providence, Rhode Island, company has agreed to buy DH Capital, a capital markets advisory firm specializing in the tech and communication sectors. It already has bought a valuation consulting firm and has three acquisitions pending.