A report from Democratic staff on the Senate Permanent Subcommittee on Investigations said accounting firm KPMG gave Silicon Valley Bank, Signature Bank and First Republic clean audits despite internal warnings, fraud allegations and apparent risks of failure.
R3 CEV thinks it is better positioned than other blockchain startups to provide products that banks will use. Why? It is pairing with banks up front, focusing on how they approach the trendy technology.
-
Like a ratchet, price controls in the payments industry move only one way, destroying value and reducing incentives for innovation.
-
The card networks are expanding their development of accelerators for women and minority-owned businesses, improving these entrepreneurs' access to venture capital.
-
In comments submitted to the Consumer Financial Protection Bureau concerning its "large participant" rule governing Big Tech in payments, many commenters outlined procedural concerns, suggesting there may be grounds for litigation when the rule is finalized.
Federal Reserve Vice Chair Philip Jefferson said in a speech Friday that long-term productivity gains brought on by artificial intelligence could compel the central bank to maintain higher rates to keep prices stable.
Investors reacted negatively to New York Community Bancorp's divestiture of a $5 billion loan warehouse portfolio to JPMorgan Chase. The deal has triggered a debate about whether other banks might retreat from lending to nonbank home lenders.
In a Friday speech, Federal Reserve Board member Michelle Bowman said regulation and supervision should be aimed at expanding banking access, not limiting it.
-
As the GSEs enter their 15th year in conservatorship, shareholders are wondering when they'll get their company back.
-
Leaders of the Bank Policy Institute and The Clearing House say their conferences are neither profit centers nor potential conflicts of interest for regulators in response to a recent BankThink piece that describes the meeting as an example of overly cozy relationships between banks and regulators.
-
A gathering in New York next week demonstrates the pay-to-play culture of high-end banking conferences.
-
At a hearing on deposit insurance reform, Republican lawmakers concluded that only the largest banks would oppose a proposal to raise insurance for business accounts to $20 million.
-
For the first time, this list of banking's rising stars aged 40 and younger is presented in ranked order, highlighting the depth and performance of the industry's top talent.
-
Ferris joined SMBC Nikko Securities America after leading CLO Primary at JPMorganChase.
-
Rohrkemper attributes her success at the bank to her engineering and teamwork mindset.
-
As the chief growth officer, Wu is tasked with customer acquisition and improving customer experience at the fledgling commercial bank, where she was an early employee.
-
To meet client demands for active strategies, crypto exposure and AI-themed funds, Auriault is helping transform Goldman's trading infrastructure.
-
Daily BriefingDelivered Every WeekdayIdeas that impact your business delivered to your inbox every day. -
TechnologyWednesday, ThursdayThe latest industry developments from digital banking to cybersecurity to AI. -
PaymentsDelivered Every WeekdayAn early-morning roundup of important headlines from the past 24 hours. -
Best of the WeekFridayThe most important and widely read stories from the previous week.
Capital One, PNC, Truist and, U.S. Bancorp are urging regulators to cut duplicative calculations and align U.S. rules with global standards, a longstanding preference for banks but one that will likely find a warm reception from a deregulation-focused Trump administration.
The 23rd annual ranking of women leaders in the banking industry.
- Partner Insights from Neustar
- Partner Insights from Railroad & Industrial Federal Credit Union
-
Sponsor Content from AI Foundry - Partner Insights from Neustar Podcast
