The deal includes 25 branches, $900 million in loans and $2 billion in deposits; but not Sterling’s sole Michigan branch or its $372.9 million portfolio of residential tenant-in-common mortgage loans.
Encapture announces a new data validation solution that will enhance compliance reporting in line with the expansion of the ...
Citi’s chief operating officer, Anand Selva, will co-lead the bank’s data program with Tim Ryan, the lender’s head of technology and business enablement, according to a memo seen Monday by Banking ...
Scotiabank’s 14.9% stake in KeyBank for $2.8 billion has been a “hugely rejuvenating” boost of confidence for the regional lender’s bankers, KeyBank CFO Clark Khayat said. “As much as you tell them to ...
A federal appeals court Thursday tossed out a $564 million jury verdict against BMO, which held the bank liable for aiding and abetting a $3.7 billion Ponzi scheme orchestrated by businessman Tom ...
BofA and JPMorgan execs talk death, despair and a lack of specifics, while lawmakers and regulators appear to fall along party lines in the snowballing fight over the Basel endgame.
U.S. Bank CEO Andy Cecere pledged Thursday to grow revenues faster than expenses in the coming years, saying the lender has made needed investments and will better leverage its “set of unique ...
Raphael Bostic’s transactions created “an appearance of a conflict of interest,” the central bank watchdog said, making no recommendation for next steps.
Sens. Elizabeth Warren and Chris Van Hollen demanded tighter regulations on BaaS and fintech partnerships, saying they pose “a broader threat to the stability of our banking system and the economy.” ...
The bank began offering the payments option from Early Warning Services to its credit and debit cards customers this week. Tuesday was the first day U.S. Bank customers could use the Paze services ...