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In 2023, Castilla launched Roger, a digital bank for unbanked members of the military. One year later, Roger has opened deposit accounts for about 1,000 service members and their families.
September 24 -
Johannson led the successful integration of one of the largest U.S. banking acquisitions last year with the acquisition of Bank of the West.
September 24 -
Bank of America is planning to open 165 new branches by the end of 2026. As brick-and-mortar locations remain critical for adding new customer accounts, JPMorgan Chase and Wells Fargo are also making targeted additions to their branch networks.
September 23 -
While other Washington regulators revise their approaches to merger reviews, the Federal Reserve has made no official change to its framework. The $35 billion merger could demonstrate just how differently the central bank is approaching the issue — if at all.
September 23 -
Investors and startups see the AI boom in financial services and across the economy driving the necessity for cleaner power.
September 23 -
The suit was filed by three New Jersey residents who alleged that BofA froze their prepaid debit cards during a pandemic-era fraud wave, blocking them from accessing unemployment benefits.
September 23 -
While it can be difficult to recover the funds victims lose to the scams, the U.S. has created a legal safe harbor that banks can use to share intel to prevent fraud.
September 23 -
Some of the country's largest banks, including Bank of America, Citi and Morgan Stanley, said they support efforts to increase capacity, highlighting nuclear's role in the clean energy transition.
September 23 -
Kaplan rose though the municipal finance department to become one of the first handful of female partners at Goldman Sachs in 1990.
September 23 -
After doing "some really intensive thinking," the Buffalo-area lender said it found the partner it was looking for in the Norwich, New York-based NBT Bancorp.
September 23