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.

Now that Capital One Financial's bid for Discover Financial Services is finalized, take a look back on the hurdles the deal faced across its 15 month marathon.

Almost 15 months after its announcement, Capital One Financial Corp.'s takeover of Discover Financial Services was officially completed on Sunday, creating the largest credit-card issuer by loan volume in the US.

The merger, which provides for $6.75 million in payments to three Space City Credit Union executives, had drawn criticism. But Space City members approved it by an 82% to 18% margin.

Standard Chartered Bank hired a new head of digital assets, Europe and Americas; Provident Financial Holdings has a new chief financial officer; Bank of America is opening four branches in Boise, Idaho; and more in this week's banking news roundup.

The payment company's restructured Genius point of sale system is designed to cover all types of merchants to keep them away from other processors and fintechs.

Junk-rated companies and private equity firms have lined up about $17 billion of debt recently for purchases of everything from power plants to a chain of gas stations using 364-day bridge loans.

The Ohio-based bank is launching services for middle-market companies across the new footprint, after making similar plays in the Carolinas and Texas.

Three executives at Space City Credit Union in Houston will get a total of $6.75 million if the cooperative's members approve a merger. The 12,000 or so members will split $5 million.

Of the 10 deals that have occurred this year, nearly half were announced in April.

Average Americans are souring on their own financial health, according to a New York Fed survey. That includes their ability to pay off their debts.

Serious delinquencies on student loans jumped tenfold at the start of 2025, shortly after lenient pandemic-era policies came to an end. The greater pressure on consumers' wallets is a cause for concern at banks that rely on borrowers' ability to repay their debts..

Richmond, Virginia-based Atlantic Union is still integrating its recent acquisition of Sandy Spring Bank in Maryland. But CEO John Asbury has already begun plotting a new expansion course.

Senate Banking Committee ranking member Elizabeth Warren is pushing the Department of Justice to use its power to halt the deal, already approved by bank regulators.

Citizens & Northern's deal for Susquehanna Community is the eighth involving a Pennsylvania seller in less than two years. An industry consultant based in the Keystone State expects the pace to slow as the number of buyers dwindles.

New Jersey-based ConnectOne Bancorp received FDIC approval for its merger with First of Long Island Corp; lending-services fintech Oportun makes changes to its board of directors; Associated Banc-Corp's Steven Zandpour will succeed David Stein as head of consumer and business banking; and more in this week's banking news roundup.

While Vista Bank is focusing on organic growth in Florida, it's positioning itself as a Texas buyer.

The Congressional Review Act resolution to overturn the Office of the Comptroller of the Currency's rules on bank mergers passed 52-47.

The pending acquisition is one of several large deals involving payment companies in recent years as legacy firms look for combinations that can counter newer fintech rivals.

Acquiring Country Club Bank would give Omaha-based FNBO 30 branches and nearly $3 billion of deposits in one of the Midwest's biggest markets.