Since joining Mizuho six years ago, Katz has had to contend with the COVID pandemic, a liquidity crisis, the regional banking meltdown and rising interest rates.
The leaders of the most successful tech companies serving the financial services industry share hints about their business and product strategies for the coming year and observations about customers' tech preferences.
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By partnering with processors Worldpay and Nuvei to use Circle's USDC for B2B transactions, the card network can demonstrate the utility of digital assets on a broad scale.
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Legislation before Congress would violate individuals' digital privacy by requiring digital wallet providers to intrusively gather and report highly personal information.
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The market for services that allow employees to access funds ahead of their two-week payday is a hotbed of activity, even as financial services regulators in some states seek to rein it in.
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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A survey by TD Ameritrade shows that independent registered investment advisers are worried about the time and money associated with pending regulatory changes.
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Assets in U.S.-listed exchange-traded funds and exchange-traded products surpassed $1 trillion for the first time, reaching $1.027 trillion on Dec. 16, BlackRock said.
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JPMorgan Chase & Co. held onto its lead in global investment banking revenue in 2010, followed by Bank of America Corp. and Goldman Sachs Group Inc., according to preliminary yearend data released Tuesday by Dealogic.
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The new policy, meant to assist borrowers in Puerto Rico and the U.S. Virgin Islands, will let servicers evaluate borrowers using pre-disaster payment information.
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The regulator of the government-sponsored enterprises has substantial authority to intervene as a legislative stalemate continues.
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The companies had been unable to secure regulatory approval for the deal, which was announced a year ago.
A day after the regional bank's stock tumbled on tough fourth-quarter results and some austerity moves, observers debated whether management just needs time to build enough capital to catch up with growth or if it is still too overexposed in multifamily lending.
Six years after Pres. Trump signed Dodd-Frank reform, the Consumer Financial Protection Bureau issued rules bringing these loans under Truth-in-Lending.
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There are too many security, usability and reliability risks for QR codes to be the main driver of transit payment. NFC is likely better, says Carlypso Networks' Philippe Vappereau.
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Banks' family leave policies need to evolve with a new workforce that increasingly views fathers as equal caregivers.
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The Mojaloop Foundation's Adama Diallo and Paul Hunter argue open, affordable real-time payments systems have the potential to include all and help turn underserved women into the newly served, enabling them to become economically active.
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Miller, who has been at BofA for nearly three decades, said that banking "is a trust business."
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Oliver, who has been in banking for more than 30 years, will retire at the end of October.
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Under Smith's leadership, 56% of Zion's workforce uses generative AI for routine tasks such as reviewing contracts and prioritizing emails.
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Richard says that managing liquidity and interest rate risk have been a top priority last year and this year for the bank.
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The head of Santander's stateside operations built a career in banking by finding ways to "yes" to opportunities, even if they didn't seem like "the perfect fit," she said.
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In a newly created role, Kerrins' mandate is to modernize the bank's platforms and embed AI capabilities across the enterprise.
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A report from Democratic staff on the Senate Permanent Subcommittee on Investigations said accounting firm KPMG gave Silicon Valley Bank, Signature Bank and First Republic clean audits despite internal warnings, fraud allegations and apparent risks of failure.
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.
The 23rd annual ranking of women leaders in the banking industry.
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