Headcount increases in Brazil and Mexico are among the “immediate bets” the company is making, executive GM Ravi Adusumilli said.

The central bank’s vice chair for supervision previewed changes that would cut in half the extra capital the nation’s largest banks would be forced to hold.

The deal, set to close in the second quarter of 2025, will extend NBT’s footprint into western New York by adding 18 Evans Bank branches.

The Pittsburgh-based lender’s CEO is wary of larger rivals building branches in every city but indicated he won’t pay “silly” M&A prices for a “busted” franchise, he said.

The move puts the Charlotte, North Carolina-based lender presumably one raise away from its long-held goal of lifting its pay floor to $25 per hour by next year.

On Jared Isaacman’s second trip to space, the billionaire plans to become the first private spacewalker. Shift4 investors will need to follow space news to learn about it.

The Columbus, Ohio-based bank aims to add 350 employees and expand on a commercial-banking effort it launched in the two states last year.

The consent order issued by a Massachusetts regulator Thursday states the lender failed to properly monitor the former executive, who sold over $6.8 million in First Republic stock from February 2022 ...

A spokesperson for the bank told ESG Dive it would no longer have the standalone goal due to data availability and quality challenges as required climate disclosures near.

Bloomer, 70, was named a non-executive director for Morgan Stanley International, the Wall Street bank’s London-based subsidiary doing business in Europe, the Middle East and Africa, in 2016, and ...

Englewood Cliffs, New Jersey-based ConnectOne Bancorp will merge with Melville, New York-based The First of Long Island Corp. in an all-stock transaction valued at $284 million, the companies ...

Canadian lender VersaBank closed its acquisition of Saint Cloud, Minnesota-based Stearns Bank Holdingford Tuesday, rebranding the one-branch firm VersaBank USA and bringing VersaBank’s point-of-sale ...