More than 5,000 rent-stabilized New York City apartments are facing a funding crunch after a federal judge denied a request to tap the income of its major lender, Flagstar Bank.
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Bond yields are shooting up for the second time in as many months. Federal Reserve Gov. Christopher Waller attributes the volatility to concerns about rising national debt levels.
May 22
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Threat actors using artificial intelligence and other tools are putting a greater strain on banks' cybersecurity systems, and other institutions could be next.
May 22
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The state supreme court agreed to review the ruling in favor of a group of Wall Street banks that whistleblower Edelweiss said cost the state at least $100 million.
May 22
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Capital One's acquisition of Discover brings it to the top of the ranking.
May 22
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The credit-card issuer, which recently closed its acquisition of Discover, hopes to become a true competitor with Visa and Mastercard. It won't happen right away, but analysts expect a large potential payoff if the multiyear push goes well.
May 22
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.
GodFather malware mimics and manipulates real financial apps on Android devices, exposing sensitive data without user suspicion.
Dan Rubin is the founder and CEO of YELO Funding, a fintech company that offers income-contingent financing to U.S. college students of all backgrounds. Mr. Rubin has 25 years of principal investing, investment banking, restructuring and operational experience, including roles as co-founding partner of YAD Capital, a private credit investment firm, private equity real estate investor at Halpern Real Estate Ventures and JEN Partners, investment banker at Lehman Brothers and turnaround consultant at Deloitte. He holds an MBA from NYU Stern School of Business.
As banks consider their strategies, other big names are also considering a role for digital assets.
More than 5,000 rent-stabilized New York City apartments are facing a funding crunch after a federal judge denied a request to tap the income of its major lender, Flagstar Bank.
GodFather malware mimics and manipulates real financial apps on Android devices, exposing sensitive data without user suspicion.
Dan Rubin is the founder and CEO of YELO Funding, a fintech company that offers income-contingent financing to U.S. college students of all backgrounds. Mr. Rubin has 25 years of principal investing, investment banking, restructuring and operational experience, including roles as co-founding partner of YAD Capital, a private credit investment firm, private equity real estate investor at Halpern Real Estate Ventures and JEN Partners, investment banker at Lehman Brothers and turnaround consultant at Deloitte. He holds an MBA from NYU Stern School of Business.
As banks consider their strategies, other big names are also considering a role for digital assets.
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.
The CEO of First Northwest Bancorp is promising to fight a lawsuit claiming the lender helped a client perpetrate a Ponzi scheme that bilked a hedge fund out of more than $100 million.
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.
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The banks have invested in gen AI and embedded finance, respectively.
August 12 -
John Buran shares how his New York bank and its small business customers are faring with tariff uncertainty — and how some have quickly changed suppliers and modified business plans — in the latest American Banker podcast.
July 15
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The Consumer Financial Protection Bureau has withdrawn guidance that allowed states to bring enforcement actions broadly under federal consumer protection laws.
May 19
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Despite a low overall threat level for the sector, experts say banks face evolving risks from AI-enabled fraud and state-sponsored hacking.
May 19
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The Connecticut-based community bank announced a raft of new board and executive appointments, giving shape to a new strategy aimed at winning more business from high-net-worth individuals.
May 19
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The tentative settlement represents a step toward resolving an issue that hung over Capital One's acquisition of Discover. That blockbuster deal closed on Sunday.
May 19
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The spending and tax package, which includes bank-friendly provisions, tax perks and GOP priorities, cleared a procedural hurdle after fiscal conservatives withdrew their objections over the weekend.
May 19
