Large banks will have capital requirements of up to 13.4%, to ensure their survival in a severe recession and to still be able to lend

Rob Nichols has called on Congress to intervene and cut the number of credit unions buying up banks

Plus: New CEO at BOK, and appointments at Stride Bank, Oxford Bank, USAA and HSBC

The $31 million deal will add locations in four counties across the state

Approximately 85% of deposit transactions are made via digital or automated channels including the bank’s app

Plus: First Bank to acquire two OceanFirst branches, Bank of Southern California adds Westlake Village premises

Acting comptroller Michael Hsu is urging bank leaders to be “especially vigilant” in the post-pandemic era

Among the many trends that have recently developed in the commercial lending world, industry disruption seems to be a common thread

In sharp contrast with 2020, this summer is starting to show promising signs of a return to normalcy

Traditional banking products are “out”, according to tech company Temenos