Global financial markets are currently at an inflection point.
Kabbage is one of many nonbank lenders looking to partner with traditional financial institutions. But the firm is facing a tough sell with bankers who worry about the risks associated with ceding control of the loan-underwriting process.
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Like a ratchet, price controls in the payments industry move only one way, destroying value and reducing incentives for innovation.
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The card networks are expanding their development of accelerators for women and minority-owned businesses, improving these entrepreneurs' access to venture capital.
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In comments submitted to the Consumer Financial Protection Bureau concerning its "large participant" rule governing Big Tech in payments, many commenters outlined procedural concerns, suggesting there may be grounds for litigation when the rule is finalized.
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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Raymond James Financial has completed its acquisition of Howe Barnes Hoefer & Arnett Inc.
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John Paulson, founder of the hedge fund giant Paulson & Co., earned a record $4.9 billion in 2010 overseeing a fund that exited the year with more than $36 billion under management, according to a new survey from AR Magazine.
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Although 68% of asset managers have a social media strategy, that number should be far higher to meet consumer and financial intermediary interest, according to a report from kasina.
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Gateway Mortgage Group says its launch of a digital-only bank is scheduled for this summer.
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The Federal Housing Administration is moving forward with a long-delayed plan to reduce the term of the home warranty required for high loan-to-value mortgages on new houses.
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The 2020 presidential hopeful removed the contentious provision from a previous version of the bill that had won praise from bankers but sparked fierce opposition from credit unions.
Nash, the head of tech, media and telecom coverage, has no intention of ending her four-decade career anytime soon.
The executive appointments at the Consumer Financial Protection Bureau top the list of noteworthy moves by President Donald Trump to hit banks in recent days.
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The growth opportunity is there, the brand trust is there, the clients are there — it’s the banks that are largely absent.
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Juliette Kayyem, a veteran crisis manager, explores practical steps leaders can take to be ready for the next disaster in “The Devil Never Sleeps.”
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A new and larger finance industry is emerging — one in which traditional institutions aren’t nearly as dominant as they used to be.
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The conditional approval came with residency waivers for board directors and green-lights the bank's business model, which is aimed at serving tech companies and ultra-high net worth customers in the digital asset space.
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Federal Reserve Gov. Christopher Waller said Wednesday that breakthroughs in artificial intelligence will undoubtedly make life easier and lead to growth, but acknowledged that the technology's adoption will lead to short-term labor market disruptions.
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Acting Federal Deposit Insurance Corp. Chair Travis Hill said the agency will open the bidding process for failed banks to private equity and other nonbanks, streamline resolution plans and revamp its bidding and funding models, reforms spurred by 2023's bank failures.
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Federal Reserve Governor Stephan Miran said the economic standoff with China could increase market volatility, further necessitating the central bank to move its policy stance to neutral.
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"We actually see a little bit more strength in the nonprime [consumer]," CFO Brian Wenzel told American Banker.
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New research from American Banker finds that most are still hashing out plans for crypto and stablecoins, but a handful have already launched projects.
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Posnett gets paid to worry about the volatility of the macro environment. Her answer: Q2 investment banking fees are 26% higher than the same period in 2024.
Led by Bryant, serendipitous high-stakes acquisitions and a commitment to niche markets have led to First Citizens Bank's strong growth year-over-year.
The 23rd annual ranking of women leaders in the banking industry.










































































