The transaction, set to close in the first quarter of 2027, gives Southwest Capital a landing spot after a previous tie-up with a credit union collapsed.

Bank of America's Sharon Miller says competitors recognize business owners as a fountain of leads for cross-selling opportunities and are chasing that business, too.

Chief Risk Officer Derek Flowers will retire from Wells Fargo in mid-January, and Powell will transition to that role, the bank said.

Online lending platform Avant applied for a de novo bank charter Friday, joining a parade of fintechs in pursuit of deposit insurance and full banking capabilities. The Chicago-based fintech, which ...

The digital lender aims to drive relevancy with customers’ everyday spending through the addition of a rewards program, ...

A workers union wants exemptions and/or a one-off payment for employees with long commutes and those who provide long-term ...

Bastion Platforms Trust Co., Agora National Trust Bank and Catena Trust Bank applied for charters in March, April and May, ...

Nola Bank is the state’s first new lender since 2010 and is pursuing minority depository institution status, executives said.

Fed Vice Chair for Supervision Michelle Bowman outlined three potential changes to stress-test calculations and an assessment of the central bank’s performance amid the 2023 collapse of Silicon Valley ...

One element of the proposal would allow some acquisitions to be processed in as few as five days. The agency also proposed a rule intended to reinforce parity between state-chartered and national ...

Stripe is maneuvering its digital wallet to capitalize on agentic commerce, joining recently with a trio of big artificial intelligence players to facilitate payments by their bots. Meta Platforms has ...