Industry News
Industry News
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Daria Sewell pleaded not guilty to possessing customers' personally identifiable information. The case adds to the Canadian bank's anti-money-laundering woes.
November 8 -
DFCU Financial reached a deal to acquire Winter Park National Bank in the Orlando metropolitan area. It was a record 20th credit union-bank merger of the year.
November 8 -
During Donald Trump's last presidency, the massive merger that created Truist shook up the industry. What's coming this time around?
November 8 -
The plea agreement, which includes a fine of more than $1.4 billion, penalizes TD for systemic money laundering violations. "We have the ability to profit, and we should be able to profit, but not at the expense of the law," said U.S. District Judge Esther Salas.
November 7 -
FICO's wholesale royalty will be $4.95 per score for mortgage originations, it announced. That's up from $3.25, which is the current cost of a mortgage credit score.
November 7 -
The Honolulu-based seller had faced pushback from an investor group that stepped in with a competing offer. But it ultimately secured enough votes to approve the sale to Hope Bancorp.
November 6 -
An index of bank stocks rose 8.5% early Wednesday after Donald Trump won his bid to return to the White House.
November 6 -
Investors brushed off a potentially prolonged week of U.S. election results and instead focused on fresh economic data.
November 5 -
Consumer groups and banks are pushing for increased regulation on credit unions, aligning on concerns over tax exemptions, consumer protection standards, and the rising trend of credit union acquisitions of community banks.
November 5 -
Judy Dimon is a longtime donor to Democratic candidates and an education advocate who has been public in her support for Vice President Kamala Harris.
November 4