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FDIC to Review Banking M&A Rulebook

FDIC to Review Banking M&A Rulebook

M&A has been under scrutiny since President Joe Biden took office last year
Farmers National, Emclaire Financial Strike $105M Merger Deal

Farmers National, Emclaire Financial Strike $105M Merger Deal

The combined bank will have $5.2 billion in assets and 66 locations across Ohio and Pennsylvania
Mississippi to Limit Bank Purchases Across State

Mississippi to Limit Bank Purchases Across State

Ruling will block credit unions and other non-bank entities from banking M&A
Fintech Update: Banks, Credit Unions Strike More Partnerships

Fintech Update: Banks, Credit Unions Strike More Partnerships

Cross River Bank, First National Bank of North Arkansas and Bellwether Credit Union have all partnered with fintech firms
Bank of Canada, MIT Researching CBDC Potential

Bank of Canada, MIT Researching CBDC Potential

The bank is increasing its research into digital currencies in partnership with MIT
Coin Shortage Concerns Expressed to US Treasury

Coin Shortage Concerns Expressed to US Treasury

The ABA and others have warned that those without electronic payment means will be hit hardest
Former Tempo Bank COO Fined $100,000 by OCC

Former Tempo Bank COO Fined $100,000 by OCC

The OCC found repeated violations of loan regulations had taken place since 2013
Goldman Sachs Jumping Into Crypto

Goldman Sachs Jumping Into Crypto

First large United States bank trading crypto by trading a non-deliverable option with merchant bank Galaxy Digital
USAA Faces $140M Penalty for AML Failings

USAA Faces $140M Penalty for AML Failings

The bank has admitted “willful violations” of anti-money-laundering rules
Peoples Bank to Buy Trustmark Corporate Trust Arm

Peoples Bank to Buy Trustmark Corporate Trust Arm

Trustmark is set to sell assets for an undisclosed sum in the second quarter of this year
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