April 30, 2025
| Today’s news and insights for banking industry leaders
Brendan Coughlin, meanwhile, was named Citizens' president. John Woods' exit from the bank appears to solidify Coughlin's status as a potential CEO successor.
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In less than two weeks since the Capital One-Discover deal received sign-off, Columbia, Eastern and Cadence Bank have all announced deals. So have a host of smaller institutions.
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JPMorgan Chase, Wells Fargo and Citi led the talent recruitment charge over the last six months, according to Evident Insights research.
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AI is no longer just a tool; it’s shaping banking’s future. Explore how financial institutions can harness AI to optimize operations, boost revenue, and stay ahead in an evolving industry in
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Cadence Bank seeks to acquire the six subsidiaries of Industry Bancshares that are under consent orders from the FDIC and the OCC related to the company’s unsafe banking practices and risk management.
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The bureau’s 1,483-person reduction will remain halted through May 16. A three-judge panel walked back language concerning “particularized assessments” of employees’ necessity. One judge dissented.
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The former CFPB director pointed to a rise in uninsured deposits amid recent market turmoil.
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Although digital transformation has helped banks unlock new revenue streams, it also creates new vulnerabilities for malicious actors to exploit. Learn how to stay ahead of modern fraud risks in this playbook.
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