Bank struggles, Trump’s crypto plans and more news for investors to watch
Banks are taking hits in the stock market as they use 2024 to restructure balance sheets and inflation slightly increased in November.
The most quotable bank CEOs of 2024
Jamie Dimon and Brian Moynihan are among the eight chief executives whose blunt, pithy or pugnacious turns of phrase made the year more colorful.
The SEC’s new leadership must stop Gensler’s stifling of innovation
With Securities and Exchange Commission Chair Gary Gensler preparing to step down, the CEO of Unicoin, which is being sued by the agency, expresses hope for more acceptance of cryptocurrencies by the incoming Trump administration.
Payments fintech investors bet on a turnaround in 2025
Fast-growing innovation is sparking bullish sentiment following a boom-and-bust cycle of the past four years.
Banks refocus on succession planning and strategy in 2024
A number of banks mixed up their executive teams in the past year, as they shifted strategy, handled regulatory problems or planned for retirement.
Deals and regulatory scrutiny: Community banking in 2024
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.
Georgia CU-bank deal unravels; another pops up in Michigan
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.
Top banks close branches, with one exception
JPMorgan Chase opened a net 38 sites in the 12 months ended Sept. 30, bucking the branch-closing trend.
Biggest banking tech stories: AI’s rise and BaaS collapse
2024 brought important issues front and center for bankers, ranging from the rise of artificial intelligence to the fall of banking-as-a-service.
Employees need to understand the ‘why’ behind their target goals
As the new year begins, managers across the industry will be setting new goals for their branch bankers. They’ll find more engagement and success if they clearly articulate the thinking behind the goal setting.