Minnesota’s Bremer Financial seeks buyer
Financial advisers have been retained to find a buyer for the Saint Paul-based lender, people familiar with the matter said. The sale of the bank has been a sore point for about five years.
Best Banks to Work For 2024
This year, 90 banks made American Banker’s 12th annual Best Banks to Work For ranking. The leaders of these institutions share how they keep their employees happy.
Activist group seeks seats at Carver’s board table
Foiled in a bid to acquire a controlling stake in the New York-based bank earlier this year, Dream Chasers is asking investors to elect two of its members as directors.
What Trump presidency will mean for banks’ AI projects
The Biden administration’s executive order on AI may be canceled and replaced with less restrictive policy, but banks will still need to proceed with caution, experts say.
The bank lobby’s anti credit union claims ring hollow
Credit unions don’t enjoy an unfair advantage. What they do is reinvest in their members and their communities in a way banks often do not.
Military-targeted mortgage initiatives launch in honor of Veterans Day
U.S. military veterans and active duty personnel have four mortgage industry participants looking to enhance their ability to take advantage of their benefits.
The rise of crypto in B2B payments: What banks need to know.
Blockchain powered transactions for businesses are still in their infancy, but use is expected to grow and banks stand to lose if they don’t come up-to-speed.
Bond market on risky path as traders regroup from wild week
The bond-market selloff unleashed by Donald Trump’s presidential victory last week ended almost as quickly as it began.
America’s smallest and largest community bank: $3 million vs. $3 trillion
With plans to open 100 banking centers in “banking deserts,” the $3 trillion JPMorgan Chase is arguably the nation’s largest community bank. Other big banks should take notice and follow suit, and regulators should encourage them.
Seven Bank seeks to expand cash-machine network beyond 7-Elevens
Deconsolidation from Seven & i resulting from a reduction of its stake in Seven Bank would make such a scenario more possible, according to CEO Masaaki Matsuhashi.