Credit unions bought a record-breaking 20 banks in 2024
The unprecedented number of deals came in a year when banks struggled to find merger partners in their markets.
Richard Parsons, who chaired Citi during financial crisis, dies at 76
The executive dubbed "Captain Emergency" stabilized ailing companies such as AOL Time Warner and Dime Savings Bank before being named chairman of Citigroup in 2009.
Gen Z, millennials drive BNPL growth this holiday season
Improved consumer confidence helped to drive greater use of buy now/pay later as younger generations turned to short-term installment options.
Banking’s big moves in 2024: Fed cuts, mergers and Trump
This year saw the impact of Donald Trump's return to the White House, the first rate cut from the Federal Reserve in roughly four years and more.