The lender’s expansion will include roughly 40 branch openings this year, including its first location in Louisville, Kentucky.

Territorial Bank is in the middle of an acquisition process by California’s Hope Bancorp. A recent offer by Blue Hill Advisors was unsolicited.

After last year’s turmoil, the regional lender is adding bankers to serve aerospace and agriculture clients in the state, said Julian Parra, a BofA veteran hired to grow the bank’s business with ...

The bank cited regulators’ changing expectations. Banking-as-a-service accounts for 2% of Five Star’s deposits and less than 1% of its loans and two of its 12 clients have already begun offboarding, ...

Ryland McClendon’s appointment comes amid a spike in concern over the workload and expectations of associates and analysts after a 35-year-old Bank of America banker died in May.

Regulators’ revamped guidelines increase the agencies’ discretion, which is likely to stoke industry uncertainty and, perhaps, extend the timeline to approval, analysts say.

It was already a stretch to get revamped capital requirements across the finish line unobstructed. Now they reportedly face a “‘no”’ vote from an outspoken Democrat.

Raymond Chun, TD’s head of Canadian personal banking, will become the lender’s next CEO, as the bank works to resolve issues within its U.S. anti-money laundering program.

The advisory firm will settle SEC charges for asset overvaluation and illegal cross trades conducted between January 2017 and April 2021 related to a discontinued fixed-income investment strategy.

Newgen Software, a global provider of an AI-led digital transformation platform, announced its partnership with Old Second National Bank, one of the oldest banks in the US. To enhance its account ...

The bank failed to provide mortgage lending services to predominantly nonwhite neighborhoods in three New Jersey counties, the agency said. The OCC downgraded the bank’s CRA rating in 2021.

The allegations come from Yotta Technologies, a fintech that says its customers are currently locked out of more than $100 million in funds.