The housing agency director told Sen. Cortez Masto a Federal Home Loan Bank reform review is ongoing and took issue with Sen. Warren's inquiries about meeting transparency.
Citigroup and other banks are increasingly looking to startups to help them compete in a world in which Google, Apple and other tech firms are rapidly becoming potential threats.
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NCR Atleos and Diebold Nixdorf are signing deals that grant access to other industries and regions where there's demand for self-serve cash access — with additions such as artificial intelligence and better security.
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Amazon, Apple, Meta, Alphabet and X have all been ramping up their ability to offer payments services, loans and other traditional bank products.
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Amazon's buy now/pay later partnership with Affirm expands; NAFCU-CUNA merger gets affirmative vote from members; expense-reporting firm Navan rolls out European bank partnerships; and more in the weekly banking news roundup.
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 Hancock Funds has announced an advertising campaign that showcases its investment management expertise and trusted brand.
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Technology is changing some of the tenets of client recruitment in the wealth management industry, even when the targets are high-net-worth prospects with complex financial lives.
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Once slow to switch financial service providers, ultrarich families have been replacing vendors that provide support services at a quick pace since the financial crisis.
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The Albany, N.Y., institution has made millions of dollars in mortgages through a program launched in July meant for those who do good in the world.
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The Federal Housing Finance Agency has proposed barring Fannie Mae and Freddie Mac from using credit scores developed by VantageScore over concern about conflicts of interest with the joint venture of Equifax, Experian and TransUnion.
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Time and again, two former associates of President Trump deceived banks in connection with loan applications. Their wealth, proximity to power and willingness to tell big lies all appear to have helped them get away with brazen schemes.
Based on the pace of deals through late March, the banking industry is on track for the most branch sales since 2021. Buyer interest has mounted alongside the need to acquire deposits, following hits to funding bases last year.
The subcommittee to be chaired by Sen. Katie Britt, R.- Ala. will oversee servicing and HUD at a time when Republicans are resurfacing legislative proposals they now have more power to advance.
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The so-called reserves held by the issuers of stablecoins like Tether and USD Coin aren’t the risk-free assets that the term connotes. For all the public knows, they could largely consist of low-grade corporate debt.
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Current regulations barring out-of-state banks from siphoning deposits from local communities are effectively toothless, as the experience in Miami has shown.
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Despite rising wages and savings, Americans are stressed by debt and pessimistic about their financial prospects. For banks, delving into the reasons is the first step in helping customers achieve a greater sense of economic security.
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Legal experts say the Supreme Court's decision not to immediately rule on a request to remove Federal Reserve Gov. Lisa Cook from office suggests that, whatever the court's views on independent agencies may be, it views the central bank differently.
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For the fifth consecutive year, Fraser is American Banker's Most Powerful Woman in Banking. The CEO, who is nearing her fifth anniversary in the job, remains keenly focused on generating higher revenues, cutting expenses and closing the profitability gap with peers.
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The Office of the Comptroller of the Currency Monday said it will scrap fair housing reporting requirements, fast-track licensing for small banks and simplify regulation for smaller institutions overall.
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Supplies of the one-cent coin have fallen faster than expected, causing headaches for cash businesses and the lenders that provide them with change.
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Citigroup's Banamex received an offer that would put full control of the Mexican franchise in the hands of Grupo Mexico.
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Frank Bisignano, the former chairman and CEO of Fiserv, will become the "CEO" of the IRS, a newly created role, in addition to his post running the Social Security Administration.
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As head of TIAA's $955 billion retirement business, Gibson said that Americans are facing "a perfect storm in retirement security."
In addition to swiping exchange business from rival NYSE, Friedman has diversified with compliance software and anti-financial crime offerings for banks and securities firms.
The 23rd annual ranking of women leaders in the banking industry.





































































