The deal, set to close in the first quarter of 2027, would boost HBT’s footprint to more than 100 branches and its assets past $8 billion.
During mergers and acquisitions, customer experience often takes a back seat to legal, financial and operational work, ...
Goldman Sachs will acquire NEOS Investments, a provider of options-based income exchange-traded funds, for up to $2.25 billion, the companies announced Wednesday. The deal, expected to close in the ...
Kate Danella, Regions Financial’s head of consumer banking, will succeed Dave Keenan as the bank’s chief administrative officer, the Birmingham, Alabama-based lender said Tuesday. Keenan is retiring ...
Hammond, Louisiana-based First Guaranty Bank has agreed to operate under a consent order concerning the credit quality of its borrowers, the lender said Friday in a filing with the Securities and ...
The Office of the Comptroller of the Currency last week rejected Bunq’s application to become a national bank, saying the Dutch fintech’s proposal “presents significant supervisory and compliance ...
The Federal Deposit Insurance Corp. on Friday approved Augustus’ application for deposit insurance. Augustus, previously Ivy, aims to speed up payment settlement to adjust for artificial intelligence.
Dakota, a registered money services business that launched a stablecoin offering in January, has applied for a national trust banking charter with the Office of the Comptroller of the Currency, the ...
Newcomb’s departure ends a 10-year stint at Chime during which the CFO drove the company’s financial and investment strategy and scaled its business amid several private financing rounds and last year ...
U.S. Bank on Thursday joined the ranks of financial institutions warning its investors of potential consequences from federal agencies’ probes into lenders’ debanking activity and policies. “The ...
Sen. Elizabeth Warren, D-MA, is asking the Office of the Comptroller of the Currency to revoke United Texas Bank’s national banking charter. The OCC in May approved United Texas’ bid to convert its ...
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