The goal of the regional banking team members is to partner across their respective business lines or service areas to bring in more clients to BofA and to better serve existing clients.
A TD Bank survey found a massive increase in the ranks of people who talk to ChatGPT about their finances. Ted Paris, the bank's head of AI, says banks still have an opportunity here.
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Banks that haven't built a plan to implement the Federal Reserve's new real-time payments system still have time to make up lost ground.
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The credit card company says it could raise interest rates, charge new fees and implement penalty-based pricing if late fees get capped at $8. But its ability to maneuver is constrained by a 14-year-old federal law.
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The payment company is focused on small-business borrowers operating in areas where branches are shutting down.
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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The Certified Financial Planner Board of Standards has proposed raising its membership fee by 80% to support a marketing initiative.
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Wall Street's bond underwriting machine likely will remain busy in the final three months of this year and early next, say market analysts.
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Goldman Sachs Group Inc.'s Litton Loan Servicing LP on Friday joined the litany of servicers suspending foreclosures to review their processes.
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Two Democrats on the House Oversight Committee asked the panel's Republican chairman to issue a subpoena for documents related to Stephen Calk, whose bank made loans to former Trump campaign manager Paul Manafort.
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Despite soaring home prices, other factors needed to inflate a housing bubble are absent from the real estate market. But experts warn falling home values and rising mortgage defaults are inevitable, even if conditions naturally cool off.
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Servicers are still trying to figure out how they can best take advantage of the growing use of electronic notes and other digital mortgage tools by lenders and the secondary market.
In November's roundup of top banking news: Citigroup approaches newest wave of job cuts and managerial shifts, Truist Financial nearly doubles most-senior executive leadership team, JPMorgan Chase faces regulatory inquiries and more.
Consumer Financial Protection Bureau Director Rohit Chopra said opposition to the bureau's recently finalized open banking rule should be viewed as banks and other large firms attempting to quash competition and stymie consumer data protection.
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Wherever they are, customers should be able to access their application and resume the process at a later time, says FICO's Therese Henry.
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Without additional security measures, hackers can compromise multifactor authentication and wreak havoc on financial institutions and their customers.
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The uncertainty and changeable environment requires lots of options, says Ivalua's Arnaud Malarde.
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To meet client demands for active strategies, crypto exposure and AI-themed funds, Auriault is helping transform Goldman's trading infrastructure.
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Last year, Lane redesigned the bank's financial control testing system and helped implement its new accounting platform.
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This corporate "lifer" is building a rich legacy that's going to be hard to beat, but she's committed to helping others follow her playbook.
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The firm's 'management-as-a-service' philosophy fuels Ferris' achievements.
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A penchant for asking questions led to Cheslin's promotion to managing director.
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Levine built BNP Paribas' cash equities business three years ago and now trades billions of dollars daily for clients.
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Buy now/pay later lender Affirm hit profitability goals for its fiscal year 2025 and set aggressive guidance for fiscal 2026 ahead of Wall Street's estimates. Its stock soared more than 10% Friday.
Housing regulator Bill Pulte lodged more fraud allegations against Fed Governor Lisa Cook as she filed a temporary restraining order regarding attempts to remove her.
The 23rd annual ranking of women leaders in the banking industry.












































































