How these 24 people changed banking in 2024
Looking back at the year, this is how they impacted the financial services industry.
Top enforcement actions against banks in 2024
Banking regulators hit companies with penalties for poor interest-rate risk, third-party management, anti-money-laundering controls and consumer protection, among other violations.
CBW Bank to contest $20 million FDIC fine for AML lapses
The tiny community bank handled hundreds of millions of bulk cash shipments from Mexico without red-flagging any of them, the agency said. The bank has filed a motion to dismiss.
Six bank M&A deals top $1 billion
Transactions grew larger and more frequent this year. As a result, aggregate value more than tripled from 2023 and topped $15 billion.