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Financial markets were shaken but not stirred this past spring, according to the Federal Reserve, as swinging stock prices and bond yields did little to bring down elevated asset prices or leverage.
June 20
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The fintechs at this year's NYC Innovation Lab highlighted the demand for new forms of artificial intelligence in financial services.
June 20
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Senate Parliamentarian Elizabeth MacDonough has ruled that Republicans cannot move ahead with slashing the Consumer Financial Protection Bureau's funding and Federal Reserve staff pay in the tax bill.
June 20
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Pursuant to an executive order on "overcriminalization," the OCC said it will revise its guidance for referring regulatory offenses to the Department of Justice for criminal prosecution and will publish a review of criminally enforceable regulations by May 2026.
June 20
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The credit bureau is working with Plaid to provide lenders with current and predictive cash-flow data for consumers that don't have an extensive credit record.
June 20
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The Consumer Financial Protection Bureau is restricting its civil penalty fund from paying for consumer education and financial literacy programs.
June 19
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The bank's investors hope to see the small community bank in Utah transform and grow into "a minority-owned version of Ally," as board chair Ashley Bell put it.
June 19
The Dallas-based bank is the subject of a scathing new report by HoldCo Asset Management, which says it should take advantage of current market conditions to sell itself. The investment firm accused Comerica's management of making poor decisions and failing to address its lagging stock price.
Big banks with the strongest financial performance varied in asset size, geographies and services.
Each of the top-performing banks with more than $50 billion of assets used their own mix of revenue streams to drive performance.
Among banks with between $10 billion and $50 billion of assets, those that targeted narrow lending markets rose to the top.
The Pennsylvania-based bank will continue to lean into its digital assets payment platform now that the GENIUS Act has become law. Its incoming CEO says he's not concerned about new entrants.
Bank technology provider Fidelity National Information Services Inc. is partnering with Circle Internet Group Inc. to offer financial institutions the ability to conduct transactions using Circle's stablecoin.
The Dallas-based bank is the subject of a scathing new report by HoldCo Asset Management, which says it should take advantage of current market conditions to sell itself. The investment firm accused Comerica's management of making poor decisions and failing to address its lagging stock price.
The Pennsylvania-based bank will continue to lean into its digital assets payment platform now that the GENIUS Act has become law. Its incoming CEO says he's not concerned about new entrants.
Bank technology provider Fidelity National Information Services Inc. is partnering with Circle Internet Group Inc. to offer financial institutions the ability to conduct transactions using Circle's stablecoin.
Alan Childs pleaded guilty to using straw borrowers and falsified loan records to help a timber businessman secure millions in fraudulent loans.
Bankers are concerned about stablecoins gaining traction due to the passage of the GENIUS Act, and also continue to sound the alarm about the failure to resolve check fraud disputes, according to the latest quarterly survey from IntraFi.
Pulaski Savings Bank's failure will cost the FDIC's Deposit Insurance Fund 57.6% of its total assets.
Most Influential Women in Payments honorees say the dramatic expansion in technology presents new opportunities and challenges as employers evolve away from traditional business models.
Honorees from American Banker's Most Influential Women in Payments discuss spotting tangible uses for innovation, rather than buying into hype.
Each year, American Banker recognizes the women who are advancing the payments industry in banking, retail, acquiring, processing and more.
- Crypto-as-a-service, stablecoins and tokenized deposits all present opportunities for banks, according to Nathan McCauley, co-founder and CEO of Anchorage Digital.Sponsored by IntraFi
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The banks have invested in gen AI and embedded finance, respectively.
August 12
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The Florida bank plans to expand its solar lending operations while Senate Republicans look to end most tax breaks for clean energy.
June 23
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President Donald Trump has signed a Congressional Review Act resolution that eliminates the Office of the Comptroller of the Currency's Biden-era rules requiring stricter reviews of bank mergers and a time-out clock for some institutions.
June 23
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Chief Executive Officer Georges Elhedery was aiming for $1.5 billion in annual cost savings, but HSBC is forecasting hundreds of millions in extra real estate costs as it considers asking more of its employees to work from an office.
June 23
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Analysts are predicting stronger results this year after a disappointing outcome in 2024.
June 23
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There were some intriguing ideas at the event, but whether they'll take off remains to be seen.
June 20
