Pinnacle Financial Partners completed its merger with Synovus Financial Corp. with the combined bank holding company operating under the name Pinnacle Financial Partners. Further, Synovus Bank was...
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The U.S. Department of Treasury and the Internal Revenue Service has issued guidance for taxpayers on the “No Tax on Car Loan Interest” provision enacted this year as part of the One, Big, Beautif...
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The U.S. Housing and Urban Development (HUD) released its Fiscal Year 2025 (FY25) Agency Financial Report (AFR) to Congress. In the report, HUD’s Office of the Chief Financial Officer (OCFO) used...
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OceanFirst Financial Corp. announced recently it will merge with Flushing Financial Corp, in an all-stock transaction. OceanFirst is the holding company for OceanFirst Bank, while Flushing Financi...
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The Financial Industry Regulatory Authority (FINRA), a not-for-profit organization dedicated to investor protection and market integrity, recently ordered American Portfolios Financial Services (APFS)...
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The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) announced a targeted operation along the country’s southwest border to thwart money laundering. The operatio...
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Michael Selig was sworn in on Monday as Commodity Futures Trading Commission (CFTC) chairman. The U.S. Senate confirmed him on Dec. 18. Selig comes to the agency from the Securities and Exchang...
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The Commodity Futures Trading Commission’s Market Participants Division has established a pilot program designed to increase liquidity and hedging of risks in connection with Energy Commodity End Us...
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Republican members of the House Financial Services Committee are seeking more information from the Federal Deposit Insurance Corporation (FDIC) on deposit insurance reform. In a letter to FDIC cha...
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California-based fintech Mercury recently submitted an application with the Office of the Comptroller of the Currency for a national bank charter and applied for federal deposit insurance with the Fed...
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