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Fast-growing innovation is sparking bullish sentiment following a boom-and-bust cycle of the past four years.
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A number of banks mixed up their executive teams in the past year, as they shifted strategy, handled regulatory problems or planned for retirement.
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Community banking highlights in 2024 included strong deposit growth at a Los Angeles-based digital-only bank, continued regulatory scrutiny of banking-as-a-service arrangements, along with a transformational deal in the Old Dominion.
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A record 22 credit unions announced plans to acquire banks in 2024, though the year ended on a discordant note as regulatory concerns appear to have derailed a planned CU-bank deal in Georgia.
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JPMorgan Chase opened a net 38 sites in the 12 months ended Sept. 30, bucking the branch-closing trend.
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2024 brought important issues front and center for bankers, ranging from the rise of artificial intelligence to the fall of banking-as-a-service.
December 31
June 05, 2006, 1:00 a.m. EDT 1 Min Read
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