Our annual list of the 25 top leaders in finance include three newcomers this year.
Alternative lender FastPay, which specializes in lending to digital media startups, received $15 million from newly formed Oak HC/FT, a $500 million growth-equity fund that invests in health care and financial technology.
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Capital One Financial opened its newest airport lounge to the public at the Washington, D.C., metropolitan area's Dulles International Airport.
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Financial institutions struggle to connect emotionally with consumers, according to research from American Banker's publisher. Barclays and Bank of America say digital delivery and targeted incentives have found success.
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Rohit Chopra, the director of the Consumer Financial Protection Bureau, wants to ensure that Big Tech firms are not unfairly excluding smaller fintechs from innovating on their platforms.
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 opportunity for smaller banks to position their wealth management businesses as alternatives to those of big, wounded banks and brokerage houses is quickly disappearing.
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JPMorgan Chase and a U.S. unit of the French bank Natixis are each offering money market mutual funds aimed at wooing back customers spooked by the financial crisis.
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The Congressional Budget Office has found that restructuring the mortgage market would save the government billions of dollars but may increase the cost of housing.
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Moody's Investors Service downgraded JPMorgan Chase's prime jumbo mortgage originator assessment to its second-highest rating, citing the bank's growing reliance on correspondents with delegated underwriting authority and shortcomings in its technology infrastructure.
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The employee who made sexual harassment allegations against the agency’s director also claims Watt withheld her pay increase after she refused his advances.
Bankers during recent earnings reports predicted lower deposit costs as 2024 wears on. But with inflation still elevated and the jobs market strong, the Federal Reserve probably won't begin lowering rates — and thus easing the drag on lenders' profits — until May at the earliest.
The proposal has similar elements to Republican-led legislation, including a piece of a measure from Vice President-elect JD Vance.
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Digital payments can cut costs, errors and other tasks that would be prohibitive on their own, says Kofax's Lindsay Pinkos.
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Minority-led community development entities often lose out in getting NMTC support. They know best which investments will have the greatest impact on communities of color.
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The urgency to streamline processes during the pandemic accentuated how digitization can also drive diversity, fairness and better environmental outcomes, says Microsoft’s Bill Borden.
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The CDFI Fund is updating definitions of eligible activity to be considered for the funds, including removing climate-focused financing and references to race and ethnicity.
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In what they claimed was a "world first," HSBC and IBM used a quantum computer to improve their price predictions on the European corporate bond market.
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Federal Reserve Bank of Kansas City President Jeff Schmid said that the central bank should continue its focus on curbing inflation, as the job market is "largely in balance."
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In its recently passed bill, Congress prohibited stablecoin issuers from offering interest, but left the door open to "rewards" from exchanges. That provision could drive adoption of stablecoins and compete for deposits, but experts say the technology would have a long way to go.
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The Florida community bank, which raised $46 million earlier this summer, is moving ahead with its efforts to expand its national solar and renewable energy line of business.
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Citi had been courting wealthy investors to buy a chunk of Banamex that could be built into a controlling stake after a plan to sell the Mexican unit outright fell apart,
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President Donald Trump asked the Supreme Court to reverse a lower court ruling allowing Federal Reserve Gov. Lisa Cook to remain in office pending the outcome of her lawsuit challenging Trump's move to fire her late last month.
The Toronto-based bank named Rahul Nalgirkar as incoming finance chief. Nalgirkar, who joined BMO in 2022 from Fifth Third, will succeed the retiring Tayfun Tuzun, who came to BMO in 2020 after working at Fifth Third.
The 23rd annual ranking of women leaders in the banking industry.

































































