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Net closings rose to the highest quarterly level in nearly three years. As M&A rebounds, banks are also trimming their physical footprints as customer demand for digital services overshadow in-person transactions.
December 6 -
TD Bank Group's asset cap, USAA's overcharging settlement and the failure of a community bank in Oklahoma are part of some of the top issues plaguing bankers this year.
November 5 -
The top five banks and thrifts have combined deposits of more than $7.5 trillion.
July 30 -
Higher funding costs, lower loan demand and the potential for increased credit costs continue to drag on the sector heading into second-quarter earnings season.
July 11 -
With the Federal Reserve holding interest rates at elevated levels through the first half of the year, analysts are sharpening their collective focus on possible fallout from high deposit and borrowing costs.
July 2 -
Publicly traded companies are showing signs of improvement, but it may take some time until venture capital funding for fintechs recovers.
June 20 -
In the U.S., the COVID-19 pandemic and other factors caused a sharp reduction in cash use. But with paper bills still accounting for nearly a fifth of all payments, the option is still far too entrenched to risk extinction.
June 7 -
Gone are the days when Wall Street executives dressed in conspicuously expensive clothing. Now the industry has adopted a more relaxed and casual dress code.
May 26 -
Investors are facing recent pressure after Republic First's collapse, allegations of criminal activity by an executive at Old National and a pending CFPB rule affecting credit card fees.
May 20 -
Regulation and other factors are creating friction for banks and consumers that want to transact in crypto.
May 20