In a party-line vote, the committee sent the nomination of Michelle Bowman as the Federal Reserve's vice chair of supervision to the full Senate.
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Secretary of Defense Pete Hegseth's decision to halt operations against Russia could weaken intelligence important to banks defending against attackers.
March 4
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The Securities and Exchange Commission announced staff members of its Crypto Task Force Monday.
March 3
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The Federal Deposit Insurance Corp. board of directors approved a proposal to roll back its 2024 merger policy, reinstating previous guidelines while charting a new policy toward bank combinations.
March 3
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The stock exchange has several hundred banks using its full suite of digital tools and 2,600 clients using its anti-financial-crime software, Friedman said.
March 3
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As climate change causes more frequent disasters, more mortgages are at risk of going underwater. How can banks limit their exposure?
March 3
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Many in the crypto community were confused by the president's announcement that his proposed strategic crypto reserve will include tokens beyond bitcoin.
March 3
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At a court hearing on Monday, lawyers for the Trump administration said statutorily required work is being done by the Consumer Financial Protection Bureau, while the union claimed the government is trying to shut the agency down.
March 3
Each of the top-performing banks with more than $50 billion of assets used their own mix of revenue streams to drive performance.
Big banks with the strongest financial performance varied in asset size, geographies and services.
Growing loans was a tall order in 2024, but banks that could do just that were able to outperform their peers.
A Credit Suisse unit pleaded guilty to conspiring to help its customers hide more than $4 billion from the Internal Revenue Service in at least 475 offshore accounts.
Tokenization is a natural fit for the private credit market, and could help create new investment opportunities. But regulators must create clear rules of the road.
In a party-line vote, the committee sent the nomination of Michelle Bowman as the Federal Reserve's vice chair of supervision to the full Senate.
A Credit Suisse unit pleaded guilty to conspiring to help its customers hide more than $4 billion from the Internal Revenue Service in at least 475 offshore accounts.
Tokenization is a natural fit for the private credit market, and could help create new investment opportunities. But regulators must create clear rules of the road.
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.
The CEO of First Northwest Bancorp is promising to fight a lawsuit claiming the lender helped a client perpetrate a Ponzi scheme that bilked a hedge fund out of more than $100 million.
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.
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The banks have invested in gen AI and embedded finance, respectively.
August 12 -
John Buran shares how his New York bank and its small business customers are faring with tariff uncertainty — and how some have quickly changed suppliers and modified business plans — in the latest American Banker podcast.
July 15
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In their new book, Peter Conti-Brown and Sean Vanatta chart the U.S.'s bank supervisory pendulum from the Constitution through the 1970s.
February 28
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The Consumer Financial Protection Bureau's decision to no longer pursue its enforcement action against the credit reporting bureau marks the eighth lawsuit dropped by the agency in recent days.
February 28
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Lone Star Capital Bank's plan to merge into Rio Financial Services' banking subsidiary is one of several recently announced Texas M&A deals; David Sparacio will join Birmingham, Alabama's ServisFirst Bancshares as its chief financial officer; Capital City Bank names Ramsay Sims chief banking officer; and more in this week's banking news roundup.
February 28
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The alleged ringleader and 23 others face charges in a bank fraud scheme spanning three south-central counties.
February 28
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Concentrating in narrow specialties can attract both relatively low-cost deposits and low-risk loans in an era of high interest rates and economic uncertainty, lenders say.
February 28
