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Bank of America consumer client payments climbed to $335bn in January

Bank of America consumer client payments climbed to $335bn in January

Second highest spending month on record for the bank
Cathay Bank acquires HSBC West Coast

Cathay Bank acquires HSBC West Coast

The deal will add 10 branches to Cathay’s California footprint
People move round up: John Marshall Bank hires banking manager to boost SBA lending

People move round up: John Marshall Bank hires banking manager to boost SBA lending

Pinnacle Bank and Arvest Bank also make senior hires
Digital Mugging: What Financial Institutions Need to Know About the Targeting of Cryptowallets

Digital Mugging: What Financial Institutions Need to Know About the Targeting of Cryptowallets

As we move into 2022, cryptocurrency and digital wallets will become even more attractive targets for the bad guys
How Banks Can Mitigate Bias in their A.I. Applications for Anti-Money Laundering

How Banks Can Mitigate Bias in their A.I. Applications for Anti-Money Laundering

In recent years, artificial intelligence (A.I.) has gone mainstream
DBRS Morningstar: US banks “stable” in 2022

DBRS Morningstar: US banks “stable” in 2022

Ratings agency has revised upwards its “negative” rating issued during the Covid-19 pandemic
Boston Fed and MIT CBDC complete first phase of CBDC feasibility project

Boston Fed and MIT CBDC complete first phase of CBDC feasibility project

White paper will focus on CBDC technical capabilities, rather than policy recommendations
FDIC to target LA, Dallas and Detroit with #GetBanked campaign

FDIC to target LA, Dallas and Detroit with #GetBanked campaign

Campaign highlights the importance of having a bank account
Third Coast Bank SSB to expand Texas footprint

Third Coast Bank SSB to expand Texas footprint

The new branch will expand operations in the Fort Worth market
First Interstate BancSystem acquires Great Western Bancorp for $2 billion

First Interstate BancSystem acquires Great Western Bancorp for $2 billion

The merger will create more than 300 First Interstate Bank locations in 14 states
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