The annuity industry, with its battered reputation, seemed to have found a powerful ally in President Obama's administration, when the Middle Class Task Force issued a report in January saying the executive branch would work to promote the availability of annuities and other forms of guaranteed income.

Trilogy, which had $12 billion of assets under management as of June 30, specializes in emerging- and global markets strategies.

The Financial Industry Regulatory Authority is proposing all-public arbitration panels in a rule it is filing with the Securities and Exchange Commission next month, following a two-year pilot program.

Since stepping down as CEO of Webster Bank last month, James Smith has spent much of his time co-chairing a panel tasked with solving his home state’s fiscal and economic woes. Banks, and perhaps even fintechs, could be a part of its comeback story, he says.

Blue Lion Capital, which is upset with the Seattle company's growth strategy, also wants to replace two of the company's directors.

The clock starts ticking this week on a busy agenda of financial services priorities on Capitol Hill, including passing reforms to Dodd-Frank, overhauling the housing finance system and confirming key regulators.

Major projects like Diem are moving crypto beyond its fan base, according to Icon Solutions' Simon Wilson.

Over the past 10 months the payment industry has seen several products and services of bygone eras that have been reconstituted, repackaged and positioned to help customers and small businesses to manage their finances and cash flow, says Avenue B Consulting's Maria Arminio.

A voluntary effort to include more members of underrepresented groups in the C-suite and on corporate boards would help banks avoid government mandates.