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Eastern Bank, Century Bank Agree to $642M Merger

Eastern Bank, Century Bank Agree to $642M Merger

Plus: BMO sells asset management arm; Western Alliance completes AmeriHome acquisition
Story of the Week: Jamie Dimon’s Optimism Shared by Analysts

Story of the Week: Jamie Dimon’s Optimism Shared by Analysts

Last week Bank of America estimated that Americans have $3.5 trillion in their bank accounts they did not have one year ago
Is it Time for the Resign of the E-Sign “Reasonable Demonstration?”

Is it Time for the Resign of the E-Sign “Reasonable Demonstration?”

The E-Sign Act was signed into law over two decades ago
Consumers Driving Post-Pandemic Banking Revolution

Consumers Driving Post-Pandemic Banking Revolution

Many incumbent US banks are not structured for a new digital shift boosting opportunity for fintechs
Blue Ridge Bank Launches PPP Platform for Self-Employed

Blue Ridge Bank Launches PPP Platform for Self-Employed

Platform will help gig workers and contractors access government Covid-19 support
CIB Marine Targeted by Activist Hedge Fund

CIB Marine Targeted by Activist Hedge Fund

Hildene Capital claims CIB has underperformed and has poor corporate governance
Fintechs and the Government Teamed Up for COVID: Will It Last?

Fintechs and the Government Teamed Up for COVID: Will It Last?

Fintechs stepped up to the plate in giving Americans faster access to stimulus checks without fees
Trio of Banks Announce Branch Network Expansions

Trio of Banks Announce Branch Network Expansions

The three lenders join a small number of regional banks announcing partnerships to open new branches in their local communities
April Acquisitions: Vystar CU, High Point, Pacific Western

April Acquisitions: Vystar CU, High Point, Pacific Western

The end of Q1 and start of Q2 has brought a flurry of activity in banking M&A
US Consumers ‘More Adventurous’ When Switching Banks

US Consumers ‘More Adventurous’ When Switching Banks

National and global banks prove popular as consumers reassess their banking partners post-pandemic, according to research
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