Industry News
Industry News
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The CEOs of smaller regional banks received fatter bonuses last year than their big-bank counterparts, possibly thanks to low performance expectations at the smaller banks after the 2023 banking crisis.
June 2 -
The 15 largest banks had an average NCO ratio of 0.66% in the first quarter.
June 2 -
The question of when the CEO would retire and who might succeed him has hung over JPMorganChase for years.
June 2 -
The Florida bank plans to buy Villages Bancorp for $710.8 million, marking its second in-state acquisition of 2025.
May 30 -
Maryland passes legislation to oversee the earned wage access industry; Truist Financial adds ex-Morgan Stanley Finance Chief Jonathan Pruzan to its board; The Citizens Bank agrees to buy a First Capital Bank branch in North Carolina; and more in this week's banking news roundup.
May 30 -
The top five credit unions had more than $234 billion in loans and leases as of the end of Q4 2024.
May 29 -
Navy Federal Credit Union's partnership with Bloom Credit, a data breach at Coinbase and other tech news draw attention from bankers going into June.
May 29 -
What if the guiding narrative of 2,000 years of human history was a slow march toward the worship of money? A new book by Paul Vigna argues that we could fix this problem if we declared an old-fashioned jubilee and simply erased all debts.
May 29 -
The Consumer Financial Protection Bureau's erosion and the second phase of the Capital One merger with Discover are top of mind for bankers going into June.
May 28 -
The leaders that saw their salaries skyrocket the most in 2024 had also gotten pay cuts in the prior year.
May 28