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 ...
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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 ...
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 ...
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 ...
During mergers and acquisitions, customer experience often takes a back seat to legal, financial and operational work, ...
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 ...
An essential element of Columbus, Ohio-based Northwest Bank’s transformation over the past three years: Installing C-suite leaders from bigger banks. Northwest CEO Louis Torchio, who’s led the bank ...
Among stipulations of the approval, the clearing bank must launch with $73,660,000 or more in capital funds and maintain a 10 ...
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