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Whitney Stewart Russell, President of Digital Solutions at Fiserv, speaks with Chana Schoenberger, Editor-in-Chief of American Banker, about how turmoil in the industry and the economy is playing out as banks work to become more digital.

The actual bump in capital requirements, which may be proposed this month, will vary based on the range of banks that will be affected by the changes to key capital rules.

The Consumer Financial Protection Bureau issued only 20 enforcement actions in 2022, but some observers say the enforcement numbers belie the results that director Rohit Chopra is getting from other ways of holding companies accountable.

Workers at the former CUNA Mutual Group in Madison, Wisconsin, returned to work after securing tentative agreements on two of their five key demands.

Hafize Gaye Erkan, who resigned in early 2022 as co-CEO of the since-failed First Republic Bank in the U.S., is said to have met with Turkey's newly appointed finance minister after emerging as a potential candidate for the job of running the country's central bank.

The 50 companies that made American Banker's annual list share insights into what makes their workplace culture enticing for potential new hires and current staff members.

The regulator alleges the crypto firm flouted investor protection rules by operating unregistered exchanges, misrepresenting trading controls and selling unregistered securities, among other violations. 

The parent of the $1.1 billion-asset CBI Bank & Trust said it would buy McLaughlin Holding and its SENB Bank unit.

The blockchain company bets its experience with cross-border payments is transferable to stablecoins and central bank digital currencies.

If history is any guide, periods of disruption in the industry are followed by regulatory resets, which in turn force banks to compete for the talent needed to meet new compliance demands.