June 16, 2025
| Today’s news and insights for banking industry leaders
The acquirer aims to expand its presence in high-growth markets and leverage its wealth platform with the addition of FineMark’s $7.7 billion in assets under administration in a deal set to close by Jan. 1, 2026.
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With the move, Joe Echevarria will become the bank’s lead independent director. BNY will be the sixth of the eight U.S.-based global SIFIs to consolidate the CEO and board chair roles.
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Consumers and financial services firms will pursue their mutual interests in sharing personal data, despite a move by the Consumer Financial Protection Bureau to extinguish the trend, industry experts contend.
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Christopher Timos stole more than $42,000 from customers over the course of two years, Arvest found.
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The Cleveland-based regional aims to have 170 to 180 commercial bankers by the end of 2025.
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The USAA patents the bank is accused of violating represent “abstract ideas” with no “inventive concept,” a circuit court judge ruled Thursday.
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As competition for deposits intensifies, institutions are modernizing origination and engagement strategies. Learn how banks like Univest are evolving their deposit approach to drive long-term growth in this webinar.
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