Author Archives: Sam Wilmes Articles Archive
Wall Street push against new rules gets boost from GOP house win
Discover concludes student loan probe
Wells Fargo starts small-dollar loans amid overdraft scrutiny
DC's oldest bank plans a Nasdaq stock listing
FTX investor sues Tom Brady, Gisele Bundchen and others as crypto contagion spreads
New York Community secures approval for longest-pending bank deal since 2017
Bankers to see bonuses plunge amid drop in mergers, stock sales
BlockFi preps for potential bankruptcy as FTX contagion spreads, report claims
Customers in Pa. latest bank to address digital asset turmoil
Group with ties to Ben Carson plans to buy Oklahoma bank
American Express to launch credit card for Square sellers on its network
Apollo to buy Credit Suisse lending arm Sector Financial
Goldman is hiring in the Middle East to tap deals, fund flow
West Virginia's City Holding to buy Kentucky-based Citizens Commerce Bancshares
Heartland BancCorp to expand into Cincinnati market with branch opening
Veteran bank analyst Ed Najarian joins investment banking firm EF Hutton
Massachusetts-based Provident Bancorp reports 3Q losses tied to crypto
FTX collapse probed by federal prosecutors in Manhattan
Wall Street banks to test crypto dollars with Fed
California Bank of Commerce creates new speciality lending division
Goldman Sachs paid more than $12 million to bury partner's claim of sexist culture
FTX faces 1 million creditors as investigators close in
Bankrupt crypto lender Voyager reopens bidding process
Neck and neck U.S. midterm races threaten Wall Street's split-government hopes
JPMorgan forms joint venture for $1 billion in rental houses
JPMorgan dodges a buyout-loan bullet
Silvergate says it has no loans, investments in FTX
Iowa's Hills Bank names new president
PL Capital seeking to boost stake in West Virginia's Evans Bancorp
Wintrust to expand investment management business with buys
Friendly Hills in California to rebrand its bank
Cryptocurrency brokerage Genesis receives $140m after FTX downfall
Morgan Stanley sees rough ride for U.S. stocks in 2023
Klarna offers price comparison tool in bid to expand revenue
Wells Fargo faces US demand for record fine exceeding $1 billion
Buffett's Berkshire sheds large portion of US Bancorp stake
Green Dot focuses on tech modernization amid leadership shakeup
Nomi Health launches instant health care payments platform
Payments company Curve bids for BlockFi's 87,000 credit card customers
Digging into KeyBank's conversational AI strategy
Crypto lender BlockFi pauses withdrawals in wake of FTX collapse
2 banks to merge, form $29 billion western U.S. institution
Wall Street banks layoff hundreds of workers
Arta Finance exits stealth mode with more than $90M in funding
Financial wellbeing fintech raises $33 million
Mississippi's BNA Bank to open new location next week
Bankman-Fried resigns as FTX head, puts empire in bankruptcy
Wall Street hit by new reality as legal risks of CO2 pact grow
U.S. Bank announces tech leadership changes
Fintech firm Qenta to go public through SPAC merger
Ramp raises $70 million to build next generation of crypto rails
Arizona voters back lowering maximum interest rates on medical debt
PB Bankshares in Pennsylvania to sell HQ building
Former Goldman Sachs banker arrested over alleged bribery scheme in Ghana
Illinois-based Savanna-Thomson State Bank acquiring Iowa's Fidelity Bank
M&A rebound unlikely next year after 35 percent slump
Crypto payments infrastructure provider Ramp secures $70 million in funding round
Colorado-based SpringTime Ventures pivots focus for new $25 million fund
Binance nixes mooted FTX acquisition deal
Regulators look to reduce Treasury market reliance on big bank dealers
Elon Musk details his vision for a Twitter payments system
U.S. Bank wants employees back in the office 3 days a week
Savings fintech Tellus raises $26M
Credit Suisse forced to pay junk-level yields for cash infusion
Silvergate touts liquidity position amid FTX concerns
Mastercard, JPMorgan launch pay-by-bank to streamline ACH payments
Barclays cuts investment banking jobs as deals languish-source
Citigroup to buy banking license from Deutsche Bank in Mexico for wholesale unit
OceanFirst Financial Corp., Partners Bancorp terminate merger agreement
Goldman names about 80 new partners in biggest class under Solomon
Sam Bankman-Fried's FTX empire faces U.S. probe into client funds, lending
Two Wisconsin banks to merge
Goldman Sachs weighed purchase of card tech firms
Auburn National Bancorp selects insider as president, CEO
Bank of America sells ESG bonds as other big banks snub debt markets
Jury awards $563 million verdict against BMO Harris in ponzi scheme case
Revolut announces instant messaging feature
First Foundation President David DePillo resigns
Puerto Rico's FV Bank launches digital asset custody service
Pennsylvania's Orrstown Financial lowers 3Q earnings to reflect settlement
Binance agrees to buy crypto rival FTX
German officials search UBS branches linked to Russian oligarch
Citigroup cuts dozens of jobs across investment banking unit
Distributed ledger technology is finding favor among banks
Sen. Elizabeth Warren calls Wells Fargo CEO 'evasive,' presses bank on Zelle fraud
Coinmetro to grow U.S., Europe presence after $7M investment round
Quona Capital investing $332M into financial-inclusion focused startups
Fintech doola raises $8 million to expand
California's Silvergate Capital names Ben Reynolds as president
Sterling Bancorp's outsourced mortgage partner to end operations
Texas' Triumph Bancorp repurchases $100M of its common stock
US lender Dwight Funding bags $100M credit facility
Idaho's Bank of Commerce names new president
Wells Fargo hires fintech dealmaker from Credit Suisse
Columbia Banking System selling seven Washington, Oregon branches
CFPB seeks more than $1 billion in fines from Wells Fargo
Mitch Sanford named president at Tennessee's Builtwell Bank
Fed approves New York Community Bancorp-Flagstar deal
UK parliament group starts NFT inquiry as crypto scrutiny grows
Deutsche Bank warned by watchdog to fix controls or face fines
Jason Holliman named CEO of Tennessee's Citizens National Bank
US banks' insurance brokerage M&A activity slows YTD
Deutsche Bank's head of UK M&A quits
Eric Hurd named chief lending officer at PyraMax Bank
Wisconsin's Bank First consolidates branch
BNY Melon launches new payment platform Vaia
Fifth Third to launch Registered Investment Adviser
Goldman Sachs to unveil crypto data service
JP Morgan launches hybrid robo adviser
Illinois-based State Bank names Chris Schneiderman president
U.S. bank stocks return to positive territory in October
Coinbase Q3 earnings miss but users hang on
Neobanks decimate staff as they chase sustainable profits
Fidelity opens waiting list for retail crypto product
Wall Street bonuses duck NYC pay law aimed at fixing wage gaps
Fintechs clamoring for FedNow access
Danna Murphy to depart as Endeaver Bank CFO
North Carolina's Integrated Financial Holdings moving closer to sale
TIAA to refocus on retirement business, sell TIAA Bank
Danna Murphy to resign as Endeavor Bancorp CFO
Wisconsin's Bank First consolidates branch
Charles Schwab eyes providing loans for clients
Credit Suisse warns of potential profitability drop
Home Bancorp in Wisconsin sets investor payout following sale to CU
Wings Financial Credit Union expanding into Wisconsin with bank buy
Wells Fargo names head of representation, inclusion
California jury rules in favor of fired fintech CEO
CFPB probing U.S. Bank over administration of pandemic unemployment insurance
Safe Harbor to buy cannabis banking, payments fintech
Zest AI raises more than $50 million in new growth round
New fintech startup for U.S. homeowners
Two credit unions bid on Citizens Bancshares in Missouri
Digital Currency Group promotes Mark Murphy to president, cuts 13 percent of staff
Binance, with over $1 billion to spend, weighs buying a bank
Overseas bank account fines questioned in Supreme Court clash
Georgia's Signature Bank names Charlie Brown CEO
SoFi says it's taking deposits away from big banks
Amazon launches new merchant cash advance program
Jack Henry debuts P2P payments tool
Goldman Sachs names Mehrotra, Haufrect as Americas M&A co-heads
Jeremy Gies appointed president of SurgePays fintech
Sturgis Bank promotes Dwyer to lead retail lending
Sturgis Bank opens Battle Creek loan center
Fintech Upstart eliminates 140 hourly jobs
OCC pushing New York Community to exit stablecoin effort
Bank of America's trading staff can work remotely only two days a month
Wells Fargo says SEC is examining its hiring practices
Truist in N.C. forms innovation team
Credit Suisse hires 20 banks for $4 billion capital increase to restructure
AmEx joins firms posting salary ranges for all U.S. job listings
Credit Suisse top wealth executive Sommerhalder leaving firm
Ex-Deutsche trader asks top court to quash spoofing conviction
JPMorgan Chase is looking to disrupt the rent payment industry
Wells Fargo is in talks with U.S. watchdog to settle a number of inquiries
Newly rebranded Pathward looks 'onward and upward' following landmark year
Wall Street accused of whitewashing China crackdown in Hong Kong
Data and analytics fintech LUMIQ raises $5.5M in funding round
Indiana's First Financial Corporation to close seven branches
Convicted ex-UBS Bank trader has U.S. Libor-fixing indictment dismissed
Report: Tether fraud case changes hands at DOJ
Jacob DeHart joins Ohio-based Merchants National Bank as CFO
U.K. group payments fintech Collictiv announces U.S. launch
Michael Klein to merge advisory firm with Credit Suisse investment bank
U.S. Bank discloses credit card data breach
New Jersey's Peapack-Gladstone enters life insurance premium finance
Fifth day of N.Y. protests outside J.P. Morgan as Park Avenue shut down
LendingClub sends a warning to the market
Crypto.com doubles down on security to rebuild trust in sector
Under Biden administration, Wall Street watchdog's fine surge
Payment fintech REAP raises $40M in Series A funding
JPMorgan eclipses Meta's market value for first time since 2015
Visa's trademark applications suggest more involvement in crypto space
Boost Mobile launches no-fee digital checking account
Wall Street courts crypto custody, but with fingers crossed
NFL star QB Patrick Mahomes invests in Texas-based American State Bank
OCC approves New York Community Bank-Flagstar Bank merger
Forcht Bank taps David Stringer to lead Northern Kentucky market
Co-parenting fintech Onward announces $9.7 million funding round
Elizabeth Warren sharpens attack against Zelle payments system
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