First Citizens Bank to acquire 138 branches from BMO Bank
First Citizens Bank & Trust is acquiring 138 branches in the Midwest, Great Plains and West regions from BMO Bank N.A. Specifically, the acquired branches are located in North Dakota, South Dakota, Wyoming, Nebraska, Kansas, Missouri, Oklahoma and Idaho, as well as select branches in western Minnesota. There is also one branch in eastern Oregon and one branch in southern Illinois. First Citizens, based in Raleigh, N.C., will assume approximately $5.7 billion in deposit liabilities and ac...
Read MoreFeatured
U.S. Treasury and U.K. take largest action ever against criminal networks for online scams
Working with the United Kingdom’s Foreign, Commonwealth, and Development Office (FCDO), the U.S. Department of the Tre...Read More »
Telcoin raises $25M in funding as it looks to launch first blockchain bank
Telcoin, a blockchain-based financial services company, said on Tuesday it raised $25 million as it prepares to launch T...Read More »
Blockchain associations partner to bridge state, federal stablecoin policies
The North American Blockchain Association (NABA) and the Blockchain Association (BA) are launching a strategic alliance ...Read More »
Rep. Smith urges IRS to revoke tax-exempt status for eight organizations
U.S. Rep. Jason Smith (R-MO) is calling on the Internal Revenue Service (IRS) to revoke the tax-exempt status of multipl...Read More »
OCC and FDIC propose new rules on supervision and risk
The Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) proposed new ru...Read More »
OCC proposes rule changes to help community banks
The U.S. Office of the Comptroller of the Currency (OCC) proposed rules and issued guidance on Monday to help reduce the...Read More »
Majority of Americans feel retiring “on-time” isn’t achievable
A new survey from TIAA has found that most Americans believe the dream of retiring between 65 and 70 is an unattainable ...Read More »
CME Group to allow 24/7 crypto futures, options trading in 2026
CME Group, the leading derivatives marketplace, will allow cryptocurrency futures and options trading 24 hours a day, se...Read More »
Travis Hill nominated to be permanent chair of the FDIC
U.S. President Donald Trump has nominated Federal Deposit Insurance Corp. (FDIC) Acting Director Travis Hill as the perm...Read More »
SEC grants conditional relief to certain requirements of the National Market System Plan
The Securities and Exchange Commission (SEC) is granting conditional exemptive relief related to certain requirements of...Read More »