Hedge funds around the world are ramping up their information technology spending to provide better service to the growing mix of institutional clients they serve and to ensure they're well prepared to adequately meet increasing compliance and regulatory requirements.

Investors in externally managed and subadvised accounts could save about $1 billion a year in commissions paid to brokerage firms by their fund managers.

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American Banker and National Mortgage News are offering an exclusive discussion of how policymakers may revamp Fannie Mae and Freddie Mac and what that will mean for mortgage lenders of all sizes.

Mark Calabria, who could be confirmed as early as this month, is expected to focus on changes to Fannie Mae and Freddie Mac’s conservatorships to let the mortgage giants keep more of their profits.

The industry cheered the bureau’s proposed repeal of its ability-to-repay requirement, but another part of the rule — on account debit restrictions — was left intact, and some companies aren’t ready to comply.

Allowing “stablecoin banks” access to the benefits of a bank charter without the obligation to carry federal deposit insurance creates moral hazard on steroids.

If the inflation figures begin to move lower, then there is a reasonable chance of working through this cycle of rising rates without experiencing a recession.

Community development financial institutions proved themselves indispensable during the COVID-19 pandemic. They have earned a seat at the table.