Acquisitions of wealth management, insurance, fintech and other firms are expected to pick up as banks seek new sources of fee income and look to improve digital capabilities.

Jane Gladstone, new president of Promontory Interfinancial Network, says the recession will accelerate the shakeout among the nonbank disruptors and that small banks have an opportunity to forge new bonds with the survivors.

Bank consolidation has been stagnant since the pandemic hit, and the outlook for the rest of the year is bleak.

The Small Business Administration stopped approving loans when the Paycheck Protection Program hit its cap.

While many institutions are taking protective steps, others want to stay open to promote public confidence in the banking system.

The deal will give Janney greater access to the community banking sector.

Some companies on SourceMedia’s Best Fintechs to Work For list offer their employees extra time off to live boldly.

Nine banks agreed to be sold to credit unions last year. Some industry observers believe that number could double this year.