Following his official swearing in, Justin Zimmerman is officially commissioner of the New Jersey Department of Banking and Insurance (DOBI). Zimmerman has served as acting commissioner since June ...

The global fund managers increased their allocation to financial stocks, which include both banks and insurance companies, to an all-time high in December. What Happened: According to the Bank of ...

Deals in the financial services sector are expected to be “robust” in the year to come, following a burst of activity from ...

The rise of “embedded finance” promises to turn banking and insurance inside out by offering their services as an add-on to other purchases rather than remaining one-stop shops. This not only has the ...

Since last fall, M&T Bank, Truist Financial and Eastern Bancshares have sold all or part of their insurance subsidiaries. The question now is whether other banks will follow suit. There was a time ...

When it was announced on June 25 that First Financial Bancorp, a Cincinnati-based holding company for First Financial Bank, had acquired Westfield Bank, it was a sign of First Financial's desire to ...

2024 promises to be a landmark year in banking and finance, marked by significant changes and transformations. The influence of AI will be pivotal, permeating every aspect of the sector—from ...

Whether it's through student loans, personal loans, mortgages, credit cards or car loans, the amount of interest many of us pay for financing is significant. In 2021, the average consumer held $96,371 ...

AI & Gen AI are reshaping digital transformation of industries across the globe and BFSI sector is not an exemption for the same. The Banking & Financial Institutions are undergoing through major ...