BankThink

First Horizon to buy Iberiabank in one of year's biggest bank mergers

11/04/19

The acquisition will create a Southeastern regional with $75 billion in assets across 11 states.

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Is Big Tech’s ‘for the people’ rhetoric legit?

11/03/19

Large tech companies have been driving home the message that they can help the many Americans who struggle financially. But there are good reasons to be skeptical of their intentions.

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Pressure grows on administration to fill Fed, FDIC seats

11/03/19

Senate leaders say they're ready to consider appointees to fill vacancies at the two regulatory agencies, if only the White House would send over their names.

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Western Alliance's president resigns

11/01/19

The Phoenix company did not provide a reason why James Haught, who was also chief operating officer, left.

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Bank failure in New Jersey is nation's third in a week

11/01/19

The FDIC sold the operations of City National Bank of New Jersey, a minority depository institution, to Industrial Bank in Washington, D.C., in the year's fourth closure.

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CIT pledges $7.75B reinvestment as part of Mutual of Omaha deal

11/01/19

CIT Group has agreed to lend and invest the money mostly in California as well as in the eight states where Mutual of Omaha Bank has branches.

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JPMorgan tests its Amazon-Berkshire health venture on bank employees

11/01/19

JPMorgan Chase and Amazon.com have begun testing the new health care venture they're developing with Warren Buffett's Berkshire Hathaway, rolling out some of the new offerings to employees in a handful of states.

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Santander joins crowded field of online deposit gathering

11/01/19

The Boston bank’s online money market account won’t start until later next year, and many rivals have already beaten it to the punch. But the window for new entrants is still open provided they do certain things right, experts say.

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Dozens of lawmakers urge more flood insurance reforms

11/01/19

A group of 64 House lawmakers is pushing congressional leadership to incorporate premium caps and address a new methodology for assessing risk in flood insurance reform legislation.

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Amex's immigrant assist, the Libor void, bank failures: Top stories of the week

11/01/19

New tech lets American Express instantly issue cards to immigrants; the end of Libor raises concerns about financial stability; regulators shutter banks in Kentucky and Ohio; and more from this week's most-read stories.

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