The Consumer Financial Protection Bureau sent a letter to the Government Accountability Office last week criticizing a probe into the bureau's funding request for 2025, insisting that acting CFPB Director Russell Vought has "sole discretion'' to determine funding and staffing levels.

August 4
4 Min Read
CFPB logo
Top Performing Banks
Online lending image. Keyboard with big key that says "loans"

Among banks with between $10 billion and $50 billion of assets, those that targeted narrow lending markets rose to the top.

July 24
3 Min Read
Top Performing Banks 2025 logo

Growing loans was a tall order in 2024, but banks that could do just that were able to outperform their peers.

July 24
1 Min Read
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Seven of the 20 top-performing banks with $2 billion to $10 billion of assets last year were based in Texas. But it's not about being bigger.

July 11
3 Min Read
CEO pay

The bank is working through a list of legal issues it inherited when it bought Credit Suisse in early 2023.

August 4
1 Min Read

The bank is hiring Aashish Dhakad from Ares Management Corp. to become head of private credit origination for North America.

August 4
2 Min Read
CFPB logo

The Consumer Financial Protection Bureau sent a letter to the Government Accountability Office last week criticizing a probe into the bureau's funding request for 2025, insisting that acting CFPB Director Russell Vought has "sole discretion'' to determine funding and staffing levels.

August 4
4 Min Read
Emma Bienias

Emma Bienias is managing director of Stout, a global advisory firm specializing in corporate finance, accounting and transaction advisory, valuation, financial disputes, claims, and investigations.  She has a background in performing valuation engagements for various purposes including financial reporting, tax valuations, business reorganizations, pre-acquisition diligence, post-acquisition disputes, fairness and solvency opinions and other management planning and corporate-related matters. Emma has experience providing expert litigation support for analyses of economic damages resulting from the infringement or misappropriation of intellectual property rights. She has performed damage analyses that included consideration of unjust enrichment, loss profits, and reasonable royalty. Emma also combines financial, market and competitive information to value intellectual property for a variety of objectives such as regulatory compliance, licensing and sale transactions, and securing financing for corporate acquisitions and expansion.

The bank is working through a list of legal issues it inherited when it bought Credit Suisse in early 2023.

August 4
1 Min Read

The bank is hiring Aashish Dhakad from Ares Management Corp. to become head of private credit origination for North America.

August 4
2 Min Read
CFPB logo

The Consumer Financial Protection Bureau sent a letter to the Government Accountability Office last week criticizing a probe into the bureau's funding request for 2025, insisting that acting CFPB Director Russell Vought has "sole discretion'' to determine funding and staffing levels.

August 4
4 Min Read
Stablecoins have gained traction with the passage of the GENIUS Act.

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.

July 30
5 Min Read
FDIC

Pulaski Savings Bank's failure will cost the FDIC's Deposit Insurance Fund 57.6% of its total assets.

June 25
2 Min Read
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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.

June 16
3 Min Read
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American Banker is proud to recognize, in its third annual Most Influential Women in Payments, Next, the women under 40 who have demonstrated expertise, leadership skills and an ability to adapt in an ever-changing payments industry.

July 26
1 Min Read
Eva Reda, American Express

After a three-decade climb up the corporate ladder, Reda took on her most daunting task yet: launching the card network's new consumer banking unit.

March 7
4 Min Read
Mary Ann Francis, IBM

Associate partner Mary Ann Francis is a risk taker — the kind who jumps off a waterfall without a parachute. She brings this same boldness to her work at IBM, where her decades of banking experience help the tech giant find new opportunities for artificial intelligence and quantum computing.

March 7
5 Min Read
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