Activist investor spurs Align Technology board shake-up, bigger buyback

Featured
By Kim Riley  |  July 31, 2026

Align Technology Inc., the maker of Invisalign clear aligners, said Wednesday it plans to add three independent directors to its board, launch a broad review of its business operations, and increase its stock buyback program after discussions with activist investor Elliott Investment Management LP. "Align remains focused on executing our strategy, advancing innovation, expanding access to digital treatment solutions, and creating long-term value for shareholders," Align President and CEO Joe ...

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Optus Financial Corp., M&F Bancorp to merge

Industry
By Melina Druga  |  July 30, 2026

First Financial to acquire Finward

Industry
By Liz Carey  |  July 30, 2026

Featured

Ashland adds directors, forms new committee after agreement with Ancora

By Kim Riley |
July 29, 2026

Ashland Inc. has reached a cooperation agreement with shareholder Ancora Holdings Group LLC that will add two new indepe...Read More »

GOP-sponsored bill to improve federal banking laws passes House

By Kim Riley |
July 29, 2026

Republican-led legislation that would reduce and modify banking regulations, including those regarding institution forma...Read More »

Augustus reaches $1B valuation with $180M funding round

By Kim Riley |
July 28, 2026

Augustus has raised $180 million in new funding, pushing the financial technology company to a $1 billion valuation as i...Read More »

Upstart gets OCC approval to establish Upstart Bank

By Dave Kovaleski |
July 27, 2026

Fintech company Upstart Holdings said on July 23 that it received conditional approval from the Office of the Comptrol...Read More »

Gesa Credit Union in Washington to acquire Willamette Valley Bank in Oregon

By Dave Kovaleski |
July 24, 2026

Gesa Credit Union based in Richland, Wash., said on July 21 it is acquiring the Willamette Valley Bank and its parent ...Read More »

U.S. House passes Main Street Capital Access Act

By Dave Kovaleski |
July 23, 2026

The U.S. House of Representatives on Tuesday passed the Main Street Capital Access Act, which adopts new banking regulat...Read More »

HUD suspends funding for Virgin Islands Housing Finance Authority

By Dave Kovaleski |
July 22, 2026

The U.S. Department of Housing and Urban Development (HUD) suspended funding for the Virgin Islands Housing Finance Au...Read More »

Sens. Kim, Warren seek answers on changes to CFPB complaint portal

By Dave Kovaleski |
July 21, 2026

U.S. Sens. Andy Kim (D-NJ) and Elizabeth Warren (D-MA) are seeking answers from the Consumer Financial Protection Bureau...Read More »

Federal bank regulators issue statement on examining sensitive bank information

By Dave Kovaleski |
July 20, 2026

The federal bank regulatory agencies issued a joint statement describing enhanced security procedures for reviewing sens...Read More »

Rep. Velázquez introduces bill to increase transparency of SBA loan program

By Dave Kovaleski |
July 17, 2026

U.S. Rep. Nydia Velázquez (D-NY) introduced legislation this week that’s designed to create a clearer picture of risk...Read More »

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