Acting Federal Deposit Insurance Corp. Chair Travis Hill said the agency will open the bidding process for failed banks to private equity and other nonbanks, streamline resolution plans and revamp its bidding and funding models, reforms spurred by 2023's bank failures.
Several weighty issues remain on the agenda for policymakers over the next few months, including everything from living wills to regulatory relief to a long-lost compensation rule.
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With employees regularly fleeing to bomb shelters — and some being called away to military service — these technologists must still serve a global clientele while confronting fear and destruction at home.
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As more corporations call employees back to the office, payments technology firms like Wise are balancing the need for in-person collaboration with meeting workers' flexibility needs.
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Klarna Bank's former chief operating officer was forced to leave his post at the helm of one Sweden's biggest online savings platforms having held the post for less than a week.
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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American International Group Inc., the giant insurer selling assets to repay its federal bailout funds, reported its first profit in three quarters on gains from the divestitures.
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State Street Global Advisors introduced the SPDR S&P Emerging Markets Dividend ETF and the SPDR Barclays Capital Emerging Markets Local Bond ETF on Thursday.
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Only 10% of Americans with $5 million to $25 million in investable assets described themselves as "very wealthy" in a recent survey by Spectrem Group, and 28% considered their wealth just "moderate."
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Third-quarter results from the Michigan Credit Union League show hundreds of members are joining CUs in the Great Lakes State each day.
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Borrowers and financial institutions may be feeling the strain from reduced operations at the FHA and IRS, which has suspended the release of certain income documentation during the budget impasse.
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The agencies are weighing a plan to reduce the scope of residential real estate transactions requiring an appraisal, but appraisers have warned that the proposal could have consequences.
KeyBank receives "outstanding" rating from the Office of the Comptroller of the Currency on its most recent Community Reinvestment Act exam; Georgia Bankers Association's board elects a new incoming president and CEO; BNY Mellon hires a former GEICO executive; and more in this week's banking news roundup.
In a Friday speech, Federal Reserve Board member Michelle Bowman said regulation and supervision should be aimed at expanding banking access, not limiting it.
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The Consumer Financial Protection Bureau's inquiry into buy into the installment products should make sure fintechs abide by the same underwriting requirements as banks in this growing market.
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Consumers and their credit scores could be put at considerable risk unless regulators establish meaningful safeguards.
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The question is unfair to people who have never been found guilty or have been accused of minor offenses. It’s especially unfair to minority applicants.
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Commercial banking's underserved segments—the upper middle market, for one—are creating new pathways for TD, and Gateman is running the ball.
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Friedman who became JPMorganChase's top lawyer in 2016, said it's important to separate out what's important from the daily noise swirling around.
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Castilla has grown her small Oklahoma bank by focusing on low-cost deposit-gathering, with both a classic community-banking strategy and a digital bank aimed at military members and veterans like herself.
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Last year, Dmuchowski led efforts to reposition First Horizon's balance sheet, which is expected to increase net interest income by a projected $35 million in 2025.
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Within the bank's tech, operations and services organization, Brady has minimized turnover and preserved institutional knowledge.
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In 2024, as the Alabama-based bank was facing more competition on its Southeast home turf, Danella was laser-focused on customer satisfaction.
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With a shift toward financial-planning advice and banking, the brokerage-house leader hopes to grow her firm faster.
Marrs runs Amex's second largest business by revenue and card member spending.
The 23rd annual ranking of women leaders in the banking industry.



































































