StateStreetLeadership09162026

State Street promotes Ann Fogarty to chief operating officer and names Mostapha Tahiri president of State Street Alpha; Florida's Portrait Bank expects to open for business on Saturday; Texas Capital Bancshares is on the lookout for a new chief risk officer following the departure of David Oman; and more in this week's banking news roundup.

Prudential Regulators Testify Before House Financial Services Committee

Several proposed updates, including lower risk-weight floors for certain securitizations and corporate loans, could make it more attractive for banks to finance or hold certain private credit-related assets, experts say.

Technology
Jonathan Gould

There's been an onslaught of nonbank financial technology company charter applications and approvals already this year.

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