NBT Bancorp in Norwich, New York, has agreed to buy Salisbury Bancorp in Lakeville, Connecticut. The deal is expected to close in the second quarter.
M&A News is reported by Paul Davis and reprinted with permission as an adaptation of the material from TheBankSlate.com.
States are increasingly seeking to regulate activities that have historically fallen within the domain of federal supervision, and that threatens the regulatory clarity the nation's dual banking system has long provided, two former comptrollers of the currency write...
Young couples are more likely to embrace financial independence from their partners by maintaining separate bank accounts, according to a recent survey by Fidelity.
Industrial production increased 0.1% in May after increasing 0.9% in April. In May, manufacturing output was unchanged, the index for mining rose 1.3%, and utilities decreased 0.4%.
FinCEN issued an updated fact sheet to clarify how financial institutions can share information with each other about suspected fraud under the provisions of the USA PATRIOT Act.
Exploitation of software vulnerabilities has become the most common initial access vector for data breaches, according to the most recent Data Breach Investigations Report by Verizon.
The K-shaped economy is increasingly visible in airline ticket purchasing patterns.
