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JPMorgan Chase sued over bounced check fees

Banking news ....

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Businessman buys N. Knoxville bank property that was targeted by arsonist

Kimani Funches pleaded guilty to arson in August. He set fires in 2022 in the Regions Bank branch on North Broadway. ....

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Regions Fined $3 Million by Fed Over Flood-Insurance Compliance

Regions Fined $3 Million by Fed Over Flood-Insurance Compliance
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Regions forecasts more deposit outflows in the second quarter

The Birmingham, Alabama, bank said that its deposits fell by $3.3 billion last quarter, and it projected a decrease of up to $2 billion between April and June. Executives assured investors that sizable liquidity sources are available. ....

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3 Banks That Played Interest Rates Right and Avoided the Bond Fiasco

SVB Financial and Silvergate did not position their balance sheets correctly for rising interest rates and got caught with huge unrealized bond losses. ....

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