BankThink

CNB expanding western New York operations with Bank of Akron deal

12/18/19

The Pennsylvania company will pay $65 million for six branches that will join its Buffalo, N.Y., division.

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Crapo delivers crushing blow to pot banking

12/18/19

The Senate Banking Committee chairman said he opposed a House bill that would give financial institutions legal cover to serve cannabis businesses.

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Truist fights credit union's claims of copyright infringement

12/18/19

The company created by the BB&T-SunTrust merger said that Truliant Federal Credit Union does not own the trademark rights to names beginning with the prefix "tru."

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Citizens & Northern in Pennsylvania lines up another acquisition

12/18/19

The company, which recently bought Monument Bank, has agreed to acquire Covenant Financial.

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Wells Fargo taps investment banker to help repair its image

12/18/19

Charles Peck, the head of public finance, is temporarily joining the leadership of the public affairs team.

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Smaller buyers expected to drive bank M&A in 2020

12/18/19

A dearth of bigger acquirers will likely force more banks with less than $2 billion in assets ⁠to seek out their own deals.

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Warren, Brown call on GAO to investigate CFPB's fair lending oversight

12/18/19

The two Democrats sent a letter “raising grave concerns about whether the bureau is fulfilling its statutory obligations.”

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Investors Bancorp buys out activist shareholder

12/18/19

The New Jersey company paid $336 million for all stock owned by Blue Harbour Group.

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Why TD Bank wants to read its customers’ moods

12/18/19

It's no longer enough to conduct traditional demographic analysis of customers. TD bank wants to know what is going on with individual consumers at any given moment and respond accordingly.

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U.K. banks to undergo stress tests for climate change

12/18/19

The Bank of England will examine banks' and insurers' exposure to global warming and risks associated with any transition to a lower-carbon economy.

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