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American Consumers Optimistic Despite Financial Pressures

American Consumers Optimistic Despite Financial Pressures

Survey shows significant majority of consumers expect to reach financial prosperity in the next 10 years
Old National to Acquire CapStar in $344m deal

Old National to Acquire CapStar in $344m deal

Plus: Cadence Bank is set to sell its insurance arm to Gallagher
Surge in Small Businesses Receiving Financial Advice From Banks

Surge in Small Businesses Receiving Financial Advice From Banks

Survey also found improved digital tools have helped banks’ services for small businesses
ABA Criticizes Proposed CFPB Rule On Personal Finance Data

ABA Criticizes Proposed CFPB Rule On Personal Finance Data

The ABA has warned of concerns over implementation costs
Americans Want Credit Unions and Banks Held to Same Standards

Americans Want Credit Unions and Banks Held to Same Standards

New ABA survey shows most Americans don’t know the difference between a bank and a credit union
Regional Banks Struggle as 10-Year Treasury Yield Rises

Regional Banks Struggle as 10-Year Treasury Yield Rises

Large banks outperformed expectations but regional banks fell dramatically
California Banks to Merge in $99M Deal

California Banks to Merge in $99M Deal

Plus: Monterey County Bank reportedly set to be bought by dedicated investment vehicle
Mortgage Bankers Association Pleads With Fed to Stop Raising Interest Rates

Mortgage Bankers Association Pleads With Fed to Stop Raising Interest Rates

The group of associations also asked for the Fed not to sell its mortgage securities holdings
10-year Treasury yield Major Concern for Regional Banks

10-year Treasury yield Major Concern for Regional Banks

The ten-year treasury yield has reached 4.8% to levels not seen in 15 years
PNC Buys Former Signature Bank Private Equity Loan Book

PNC Buys Former Signature Bank Private Equity Loan Book

Bank has acquired $16.6 billion in loans from the FDIC nearly seven months after Signature’s collapse
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