Compliance officers everywhere are likely aware that overdrafts have been a hot topic for decades
Banking associations have voiced strong opposition to House and Senate bills that aim to break Visa and Mastercard’s dominance
Plus, several other M&A deals have been signed off by regulators
Bank of America, Citigroup, JPMorgan and Wells Fargo will face off with Congress this week
Digital commerce and ATM businesses to separate by end of next year
Two former staffers from the First National Bank and Trust Company of Vinita have been fined $120,000 in total
Acting comptroller Michael Hsu is particularly wary of the rapid growth of the fintech industry
Next year, Timothy J. Abell to become CEO as part of a long-planned succession strategy
Plus: Executive appointments at Truist, Provident Bank, WaFd, Comerica
Plus: New York’s Gouverneur Bancorp to buy Citizens Bank of Cape Vincent; BankFirst acquires Mechanics Bank