Customers Bank Partners with OpenAI to Transform Commercial Banking Operations
Leading commercial bank to collaborate with OpenAI, building one of the first AI-enabled regional banks in the United States Customers Bank (“Bank”), the subsidiary of Customers Bancorp, Inc. (NYSE: CUBI) one of the nation’s top-performing banking companies with nearly $26…
Northern Trust Wealth Management Names Beata Kirr CIO of Global Family Office
Northern Trust Wealth Management has appointed Beata Kirr as Chief Investment Officer of Global Family Office (GFO). “GFO is dedicated to supporting families who have worked diligently to create lasting legacies, and they deserve an investment strategy that matches their…
UTXO Management Launches Dual-Class Digital Credit Income Fund
UTXO Management GP, LLC (“UTXO Management”), a subsidiary of Nakamoto Inc. (NASDAQ: NAKA), announced the formation of UTXO Preferred Income Strategies LP (the “Fund”) yesterday at UTXO Investor Day during the Bitcoin 2026 Conference. The Fund will create a dual-class…
Nuveen Municipal Closed-End Funds Complete Fund Mergers
The merger of Nuveen Missouri Quality Municipal Income Fund (NYSE:NOM), Nuveen New Jersey Quality Municipal Income Fund (NYSE: NXJ) and Nuveen Pennsylvania Quality Municipal Income Fund (NYSE: NQP) into Nuveen Municipal High Income Opportunity Fund (NYSE: NMZ) was successfully completed…
Bank of Marin Bancorp Announces First-Quarter Financial Results
Bank of Marin Bancorp, “Bancorp” (Nasdaq: BMRC), parent company of Bank of Marin, “Bank,” announced net income of $8.5 million for the first quarter of 2026, compared to a net loss of $39.5 million due to the impact of its…
Sierra Bancorp Announces Q1 2026 Financial Results
Sierra Bancorp (Nasdaq: BSRR), parent of Bank of the Sierra, announced its unaudited financial results for the quarter ended March 31, 2026. Sierra Bancorp reported consolidated net income of $12.5 million, or $0.96 per diluted share, for the first quarter…
Scienaptic AI Partners with Temenos to Boost Smarter Lending for U.S. Credit Unions
Scienaptic AI, a leading provider of AI-powered credit decisioning, announced an integration with Temenos, a global leader in banking technology. Credit unions using the Temenos’ Loan Origination Solution (LOS) can now access Scienaptic’s AI-driven decisioning directly within their existing loan origination…
Metropolitan Commercial Bank Names Tina L. Laurie as HUD Chief Underwriter
Metropolitan Commercial Bank (“MCB” or the “Bank”) today announced the appointment of Tina L. Laurie as HUD Chief Underwriter within the Lending division. In this role, Ms. Laurie will oversee the credit analysis and underwriting processes for healthcare and multifamily…
Factual Data Adds Innovis FailSafe Protected Prefill to Finastra Integration
Factual Data®, a leading provider of credit and verification services for the mortgage lending industry, today announced that lenders using the Finastra Originate Mortgagebot POS platform can now access FailSafe® Protected Prefill alongside the platform’s existing credit integration with Factual Data.…
Cathay Bank Hosts Its 49th Annual Charity Golf Tournament to Support Community Causes
Cathay Bank is excited to announce its upcoming 49th Annual Charity Golf Tournament, that will take place on May 6, 2026 at the Industry Hills Golf Club at Pacific Palms Resort in the City of Industry, California. This annual charity…
Seasonal Gains Reduce Mortgage Delinquencies in March as Prepayments Hit Nearly Four-Year High
Intercontinental Exchange, Inc. (NYSE: ICE), a leading provider of technology and data for global financial markets, today released its March 2026 ICE First Look at mortgage delinquency, foreclosure and prepayment trends. The report showed mortgage delinquencies improved seasonally in March,…
Tompkins Financial Corporation Announces Record First-Quarter Results
Tompkins Financial Corporation (“Tompkins” or the “Company”) reported diluted earnings per share of $1.82 for the first quarter of 2026, up $0.45 or 32.8% compared to the first quarter of 2025 and down $4.88 per share or 72.8% compared to…