This week's most read content includes a feature on Relationship Bancshares' pending acquisition of Capital Bank of Texas, and a report on major U.S. banks considering to curb credit card perks.
Some investors bet that Fed will back off rate hikes in 2019
Some investors are doubting that the Federal Reserve will proceed with more interest rate hikes in 2019. The Federal Open Market Committee's new voters include St. Louis Fed President James Bullard, who has been one of the Fed's most dovish members.
Relationship Bancshares to acquire Capital Bank of Texas
In Texas, Relationship Bancshares Inc. is seeking to buy Capital Bank of Texas.
Report: Major US banks weigh curbing credit card perks
JPMorgan Chase & Co., Citigroup Inc. and other large U.S. banks are considering how to curb benefits they offer on their credit cards, The Wall Street Journal reported. For example, JPMorgan executives are reportedly looking into stopping cardholders from pooling points from multiple cards they hold.
The year in fintech: Rise of digital banks, fall of cryptocurrencies
The industry is watching four major areas within the fintech industry: banks (and nonbanks) going digital, regulation, Wall Street's involvement in cryptocurrencies and high-profile mergers and public offerings.
2018 conversion adviser rankings
The key in 2018 was working on the one large deal. The deal advisers that landed the Fair Lawn, N.J.-based Columbia Financial Inc. (MHC) mutual holding company conversion dominated the mutual bank conversion adviser rankings in 2018 in terms of gross proceeds.