Guidance is a ‘rudimentary’ first step to help banks assess and manage climate-related risks

Plus: SmartBank sells Richmond assets to First Bank

Latest acquisition is valued at $82.8m

App-based neobank Monzo has yet to make a profit in the UK

Moody’s say that the extension will leave the banks ‘in limbo’

Later today, October 5, Banking Exchange will host a panel of experts to discuss how banks and credit unions can leverage open banking trends in order to transform your institution

Plus: Dupaco Community Credit Union and Home Savings Bank partner and First Citizens and CIT extend merger

Partnership will accelerate technology at community banks across the country

Lake City Banks, Empire State Bank, BCB Bancorp, Citizens Financial Group have all made announcements

Amalgamated Bank and Colombia State Bank have also announced separate merger agreements