The move marks a landing spot for one of a number of longtime Citi veterans who've stepped aside during the bank's reorganization.
Your statutory deadline passed 13 years ago,” Sen. Elizabeth Warren told Michael Barr, the Fed’s vice chair for supervision, on Thursday. “I hope you do not allow Chair Powell to stop you from ...
Tucson, Arizona-based Pima Federal Credit Union has agreed to acquire substantially all of Phoenix-based Republic Bank of Arizona’s assets and liabilities in an all-cash transaction, the companies ...
New York Community Bank’s chief operating officer, Julie-Ann Signorille-Browne, has resigned, effective May 24, the bank disclosed in a filing Thursday. In her time at NYCB, Signorille-Browne led the ...
Michael Barr, the Federal Reserve’s vice chair for supervision, said bank regulators are still focused on substantive changes to the proposal, and haven’t yet given thought to “the procedural question ...
The 7-2 ruling puts an end to a case that threatened the bureau's existence and pushed at least one district judge to pause a CFPB rule pending the high court's opinion.
Encapture, a high-growth SaaS platform that helps banks like Wells Fargo, Frost Bank and Truist automatically extract and ...
The combined company will have roughly $5.5 billion in assets after the transaction, which is expected to close in the fourth quarter. The deal will mark Alerus's 26th acquisition since 2000, when the ...
At $35.3 billion, the acquisition is well above the size that typically sees a public hearing by regulators. Agencies are eyeing tougher merger scrutiny, but that idea has received partisan backlash.
Regulatory scrutiny of third-party partnerships has had banks and fintechs on edge. But with scrutiny comes recognition that such tie-ups are important, Itai Damti explained.
Charles Schwab Bank and Marcus by Goldman Sachs occupy the top positions among checking and savings providers, respectively, J.D. Power reported.
Cole’s departure is unrelated to Citi’s restructuring, a person familiar with the matter told the Financial Times, adding that Cole had been planning to leave Citi before the revamp was announced.