Federal Reserve Vice Chair Philip Jefferson said despite the near term cloudiness to economic projections, he does expect inflation to resume its downward trajectory next year and reach the Fed's 2% inflation target in the coming years.
We're teaming up with BAI on new initiative focused on providing bankers information and perspective to aid in future technology decisions.
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The company, which became independent in July, will rely on the cloud to reach new markets.
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Consumers favor credit cards that offer better spending rewards and that card issuers should consider providing services to help their customers manage growing account balances, J.D. Power's annual survey found.
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The embattled credit card company, which is bracing for regulatory action, warned Thursday that heavy spending on risk management and compliance will persist. Executives also said that internal and external candidates will be considered for the permanent CEO job.
A near-collapse of the global software vulnerability database exposed critical weaknesses that could leave banks unable to track cyber threats.
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John Y. Kim, an executive vice president of New York Life Insurance Co., is to succeed Gary Wendlandt as chairman of its investments unit on Jan. 1.
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KeyBanc Capital Markets' plans for the new year include hiring a wide range of dealmakers as part of an ongoing effort to capture more middle-market clients.
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Bill Gross' Pimco Total Return Fund, the world's largest mutual fund, was the second-biggest decliner among the largest U.S. bond managers in the past month as clients pulled money for the first time in two years amid a sell-off in Treasuries.
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The agency said multiple stakeholders had requested more time to evaluate the proposal.
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Industry veteran A.W. Pickel III became president of Waterstone Mortgage in June, and now the company has decided to promote him to succeed longtime CEO Eric Egenhoefer.
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Some startups are eschewing San Francisco and New York to set up shop in the middle of America. And for good reason.
The Oklahoma-based regional bank expects 6%-7% loan growth in the year ahead. Executives are also projecting that net interest income will start to improve after the metric hits a trough early this year.
The top executives at some of the nation's largest banks spoke Tuesday about their expectations for the second Trump administration. Deregulation, capital rules, tariffs and inflation were all prominent topics.
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Without rollbacks of existing anti-money-laundering reporting requirements, a measure designed to make Bank Secrecy Act enforcement more risk-focused would do little to ease banks' regulatory burden.
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The quick adoption of financial technology, coupled with remote work, requires firms to focus on internal innovation as well as customer-facing advancements.
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The Federal Reserve and other central banks deciding whether to compete with private cryptocurrencies should heed the financial stability risks, such as expanding the economic power of governments and altering longstanding payments models.
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Kobjerowski has held a variety of positions at FNBO, and said the key to her success is staying curious and constantly learning.
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Stanley oversees 7,000 clients spanning six core businesses worth a combined $14 billion.
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The long-serving CEO's North Star is a commitment and dedication to the community.
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As part of a 10-year growth strategy, Reid is looking to reduce the average age of the bank's customers.
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Despite a couple of bank acquisitions in the last year, Tedesco said Atlantic Union remains committed to organic growth.
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Chung has led the development of new initiatives to enhance the bank's ability to help small business owners, increasing revenue and aiding the community in their excitement and their struggles.
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The Minneapolis-based bank has rolled out payroll and bill pay features four months after unveiling a service to monitor card spending. An accounts receivable solution is on deck.
An alleged scandal involving the LA Clippers is just the latest reputation hit to the beleaguered fintech.
The 23rd annual ranking of women leaders in the banking industry.
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