M&A News: TowneBank expands in Virginia

As it seeks to implement the Genius Act, the Treasury Department should not allow states to greatly expand the scope of services offered by payment stablecoin issuers beyond what is spelled out in the law, ABA said.

While depository institutions filed only 3% of BSA reports on possible human smuggling, their reports accounted for approximately 61%, or $3 billion, of the total amount.

The rate for a 30-year fixed-rate mortgage was 6.67% this week. The rate for a 15-year fixed-rate mortgage was 5.96%.

President Trump directed federal law enforcement to create a new program that partners with the private sector to target transnational criminal organizations responsible for ransomware attacks, phishing campaigns and other cybercrimes.

ABA and the Bank Policy Institute asked the FDIC to push back by more than a month the public comment deadline for its proposed bank information disclosure rule, which would align it with the deadline for a similar...

A coalition of 10 states has filed a lawsuit to block two recent rulemakings by the OCC designed to establish a uniform federal framework for national banks operating across state lines.