Big Data

The bank is closing 37 branches and investing in a ‘tailored, personal and accessible’ service for clients

Also, Regions Bank has announced the planned acquisition of equipment finance lender Ascentium Capital

The bank’s $3 billion fine was accompanied by penalties totaling $21 million for three former executives for their roles in the scandal that ran for 15 years

Ericson State Bank has been taken over by Farmers and Merchants Bank after a regulatory investigation uncovered a series of lending violations

The Rhode Island-based bank says legal action from the consumer regulator is “unwarranted” and ignores previous remedial work

The combined entity will cover Florida, Georgia, Alabama, the Carolinas, and Virginia when it completes in Q3 2020

Combination is set to create one of Tennessee’s biggest community banks with operations throughout Williamson, Rutherford and Davidson counties

The OCC has agreed on a series of measures in order to address “unsafe or unsound practices”

A roundup of recent major appointments and hires in the banking sector

The focus needs to shift to what customers want to buy