Jenna Magan is co-head of Orrick's Public Finance Group and is a partner in the Sacramento office.
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The ABA's new service adds payee name validation to help banks fight growing fraud risks.
June 25
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New self-regulatory guidelines for credit cards and checking accounts are arriving at a time of deregulation in Washington, D.C.
June 25
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Senate Banking Committee ranking member Elizabeth Warren, D-Mass., sent a letter to banking regulators urging them to preserve the enhanced Supplemental Leverage Ratio, warning that a rollback would only enrich bank shareholders.
June 24
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Cincinnati-based First Financial scooped up Westfield Bank near Cleveland after Westfield's parent company decided to exit the bank space and focus on its core insurance business.
June 24
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The wealth management and digital banking fintech is following in the footsteps of other fintech IPOs as the market rallies around Chime and Circle.
June 24
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Since the end of COVID, each bank has set its own rules for how often employees need to show up at the office. Here's how a dozen lenders are handling the shift.
June 24
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A number of fintechs emerged amid the COVID-19 pandemic as a flurry of Paycheck Protection Program loan applications inundated banks. Now, the government is alleging many of them facilitated or committed fraud.
June 24
Kevin Roche, a partner in Orrick's New York office, is a member of its public finance department.
Lorraine McGowen, a partner at Orrick, is a leading bankruptcy and restructuring attorney.
Jenna Magan is co-head of Orrick's Public Finance Group and is a partner in the Sacramento office.
Big banks with the strongest financial performance varied in asset size, geographies and services.
Each of the top-performing banks with more than $50 billion of assets used their own mix of revenue streams to drive performance.
Among banks with between $10 billion and $50 billion of assets, those that targeted narrow lending markets rose to the top.
Jenna Magan is co-head of Orrick's Public Finance Group and is a partner in the Sacramento office.
Emanuel "Manny" Grillo is a partner in the restructuring practice at Orrick, Herrington & Sutcliffe in New York.
Lorraine McGowen, a partner at Orrick, is a leading bankruptcy and restructuring attorney.
Jenna Magan is co-head of Orrick's Public Finance Group and is a partner in the Sacramento office.
Emanuel "Manny" Grillo is a partner in the restructuring practice at Orrick, Herrington & Sutcliffe in New York.
Alan Childs pleaded guilty to using straw borrowers and falsified loan records to help a timber businessman secure millions in fraudulent loans.
Bankers are concerned about stablecoins gaining traction due to the passage of the GENIUS Act, and also continue to sound the alarm about the failure to resolve check fraud disputes, according to the latest quarterly survey from IntraFi.
Pulaski Savings Bank's failure will cost the FDIC's Deposit Insurance Fund 57.6% of its total assets.
Most Influential Women in Payments honorees say the dramatic expansion in technology presents new opportunities and challenges as employers evolve away from traditional business models.
Honorees from American Banker's Most Influential Women in Payments discuss spotting tangible uses for innovation, rather than buying into hype.
Each year, American Banker recognizes the women who are advancing the payments industry in banking, retail, acquiring, processing and more.
- Richard Cordray, the first director of the Consumer Financial Protection Bureau, says the Trump administration seems intent on shutting the agency down, even though it has a legal mandate to exist.Sponsored by IntraFi
- Crypto-as-a-service, stablecoins and tokenized deposits all present opportunities for banks, according to Nathan McCauley, co-founder and CEO of Anchorage Digital.Sponsored by IntraFi
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Regulators proposed a rule to replace the 2% enhanced supplementary leverage ratio with a capital charge equal to half of a bank's global systemically important bank surcharge. Low-risk assets will continue to count toward leverage requirements under the proposal.
June 25
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As the Federal Reserve considers changes to the supplemental leverage ratio, Fed Board Chair Jerome Powell said that effort is one piece of a broader deregulation package that will also address the Basel III capital rules.
June 25
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The pending sale of the branches in eastern Pennsylvania to a central New York-based bank comes amid Santander's planned closure of 18 branches this summer and its continued focus on building out a national digital bank.
June 25
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The government's instant processing rail hopes to enable new use cases, while Klarna adds to its network.
June 25
- Yahoo Finance Feed
The prolific purchaser is entering the state in a bid to expand its Southwest presence.
June 25
