Finance Updates – Page 3 – Finance Updates

ESL Acquires Generations Bank for $26.2M: Strategy, Risks & Scale Reviewed

Americas M&A Depository Credit Intermediation

ESL Federal Credit Union closed its $26.2 mil...

The deal adds eight branches to ESL’s network...

ESL now reports about $9.8 billion in assets,...

Generations branches are expected to remain o...

TD’s Strategic Pivot Under Ray Chun: From Investment Banking to Shareholder Returns

Americas Firms Depository Credit Intermediation

New TD CEO Ray Chun is pivoting from capital-...

TD is recycling capital by selling non-core h...

Growth is being steered toward steadier, fee-...

A U.S. regulatory asset cap is forcing TD to ...

Why Nu Holdings’ 2026 Brazilian Banking License Is a Game-Changer for Investors

Americas Firms Depository Credit Intermediation

Nu Holdings (Nubank) plans to apply for a ful...

Nubank says its app experience and day-to-day...

A full license could deepen deposit access, e...

Markets have viewed the move favorably alongs...

Pluto’s WELOC: AI-Enabled Credit Tied to Private Assets Without Selling

Americas Firms Nondepository Credit Intermediation

Pluto Financial Technologies launched an AI-e...

The startup raised $8.6 million in seed fundi...

Loans typically advance 20–35% of NAV at roug...

The model aims to add liquidity and advisor-f...

New CRA Bank-Size Thresholds for 2026: What Community Banks Need to Know

Americas Policy Depository Credit Intermediation

Effective Jan. 7, 2026, the Fed and FDIC rais...

Intermediate small banks are those with at le...

The thresholds apply through Dec. 31, 2026 un...

Banks near the cutoffs may shift CRA exam cat...

Fed & GOP Push to Index Bank Thresholds to GDP—What It Means for Community Banks

Americas Policy Depository Credit Intermediation

Fed Vice Chair for Supervision Michelle Bowma...

Analysts estimate indexing since 2018 would l...

Backers say this would make supervision more ...

Key uncertainties include which thresholds re...

JPMorgan to Own Apple Card Issuance from Goldman Sachs, Deepening Card Market Lead

Americas Firms Depository Credit Intermediation

JPMorgan Chase will replace Goldman Sachs as ...

Goldman exits a money-losing consumer-credit ...

JPM will take a conservative stance on inheri...

Apple keeps the Mastercard network and core p...

JPMorgan to Acquire $20B Apple Card Portfolio from Goldman Sachs, Mastercard Remains

Americas M&A Depository Credit Intermediation

JPMorgan Chase will replace Goldman Sachs as ...

Goldman will sell the portfolio at a reported...

JPMorgan will book a $2.2B credit-loss provis...

Apple says cardholder benefits should remain ...

JPMorgan to Acquire Apple Card from Goldman Sachs in Major Consumer Finance Shift

Americas M&A Depository Credit Intermediation

JPMorgan Chase agreed to take over as Apple C...

The deal transfers more than $20B of Apple Ca...

Goldman exits another major consumer-banking ...

Apple Card customer terms and features are ex...

Fifth Third-Comerica Merger Clears Shareholder Vote: What It Means for Regional Banking

Americas M&A Depository Credit Intermediation

Fifth Third and Comerica shareholders overwhe...

Comerica investors will receive 1.8663 Fifth ...

Fifth Third expects the deal to expand its fo...

Key uncertainties include integration executi...