Browsing: pressure
Fairstone’s acquisition of Laurentian Bank, first announced in December 2025, is expected to strengthen the combined lender’s credit profile, though…
The Labor Department reported on Friday that 92,000 jobs were lost in February, as the unemployment rate rose to 4.4%.…
Key takeaway: Federal Reserve Vice Chair Philip Jefferson highlighted the potential for artificial intelligence to boost worker productivity, which could…
Key insight: Eastern Bankshares’ CEO hardened his stance against future bank M&A deals. The comments came three months after activist…
Key insight: The resignation follows a two-year campaign by activist investor Findell Capital, which owns approximately 9.5% of Oportun and…
Vicky Parry 5th Jan 2026 Reading Time: 2 minutes January often comes with a lot of noise around “New Year,…
Key insight: First Interstate BancSystem reaffirmed its strategic plan to pursue organic growth, not bank M&A, as it faces pressure…
Australia’s Commonwealth Bank has walked back a decision to replace 45 customer service jobs with artificial intelligence.Instead of cutting the…
Banks have been concerned about stablecoin issuers coming for their deposits, but the growing popularity of the digital asset could…
Most millennials (54%) and a substantial share of Gen Z respondents (41%) have felt pressure to buy a home at…