In the battle to control consumer data, Visa has made a major score by agreeing to acquire Plaid, a technology company that it could have seen grow into a competitor. ... Read full article
The Providence, R.I., bank said that Rick Suarez would succeed Rob Clarfeld as head of Clarfeld | Citizens Private Wealth. ... Read full article
The purchase price is double the fintech's valuation in a 2018 funding round. ... Read full article
The regional bank, formed from the merger of BB&T and SunTrust, will begin marketing its new brand in conjunction with next month’s Super Bowl. ... Read full article
The bank will top $500 million in assets after it acquires F&M Bancshares. ... Read full article
The effort is part of a push by interim Chief Executive Officer Noel Quinn to cut costs at Europe’s largest lender by assets. ... Read full article
The Pennsylvania company will pay $80 million for the parent of USNY Bank. ... Read full article
Clients will have an active role in testing new products and services at the regional giant formed by the merger of BB&T and SunTrust, says Chairman and CEO Kelly King. ... Read full article
The company, which has agreed to buy Marquis Bancorp, could use some of the proceeds to fund growth and pay off a line of credit. ... Read full article
Some analysts warn the loosening of bank regulations may be hiding risks; watchdogs are demanding proof that financial institutions are ready for 2021. ... Read full article
The company will pay $29 million for a bank located northwest of Grand Rapids. ... Read full article
Though there were several high-profile mergers of equals among bigger banks, deal activity rose only slightly, and the vast majority of transactions involved the smallest of institutions. Here's an overview of those trends and others that stood out in ... Read full article
While his focus is on organic growth in Texas and California, Curt Farmer says he would consider a deal in those states if the right one comes along. ... Read full article
Steuben Trust received two bites from potential MOE partners, but the New York bank’s lightly traded stock and many other challenges forced a sale to a much larger rival instead. ... Read full article
The merger of BB&T and SunTrust, the largest bank deal in over a decade, dominated news throughout the year; New York investigated the wage access app Earnin, which critics claimed was actually a stealth payday lender; Libor is going dark in 2021, and ... Read full article
The prepaid card pioneer's banking-as-a-service platform might make it an attractive acquisition for an enterprise technology giant or bank, analysts say. ... Read full article
Incoming CEO Clint Stein said the Tacoma, Wash., company is ready to revisit deals after spending three years updating its digital platforms. ... Read full article
One found a buyer, another announced plans to retire, and others took steps to reinvent their banks. ... Read full article
The New Jersey company will pay $63 million for the parent of Victory State Bank. ... Read full article
PE firms have made investments in only seven banks in 2019, compared to 21 last year. Here's what's driving the slowdown. ... Read full article
