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Citizens aggressively reinvests in its existing footprint

While some competitors chase expansion in the Southeast, the Providence, Rhode Island-based lender is redesigning branches to double down on deeper relationships, said Nuno Dos Santos, head of the bank’s retail network.Click here to view the full...

Capital One-Discover deal gets nod from Fed, OCC

Regulators, however, handed Discover several consent orders. Most notably, the FDIC ordered the company to distribute $1.225 billion in restitution to customers overcharged between 2007 and 2023.Click here to view the full...

Fed proposes stress-test makeover

The central bank’s proposed changes would reduce year-over-year fluctuations in capital requirements. The regulator also plans to announce further tweaks – around transparency – later this year.Click here to view the full...