Bank of America employees will no longer be able to work remotely on two consecutive days come September – including Friday to Monday, cutting out the loophole allowing for an extended stretch out of ...
Bank of America agreed to buy up to a 49.9% stake in the nonbank lending arm of Mumbai-based Jio Financial Services Limited for roughly $1.9 billion, the bank said Wednesday. Jio Credit Limited was ...
The Federal Deposit Insurance Corp. is launching a two-phase deposit insurance application process, wherein bank organizers who satisfy certain requirements can expect conditional approval within 120 ...
With states imposing tighter rules on buy now, pay later companies, Sezzle CEO Charlie Youakim views a federal charter as “the most robust solution.” ...
Tel Aviv, Israel-based trading and investing platform eToro will acquire U.S.-focused online brokerage TradeZero in a $231 million deal that’s expected to close in the first half of 2027, the ...
Bank of America will finance $250 billion in critical infrastructure projects to bolster American competitiveness, job growth and energy security, the bank said Wednesday. The company will lend, bank, ...
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 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.
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 ...