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The ranking Republican on the Senate Banking Committee discusses his bid to bring transparency to the Federal Reserve, partnering with Elizabeth Warren and what's next for his career.
December 14 -
Remote deposit capabilities have vastly improved banking services for residents of villages in western Alaska. But unreliable service means some face difficulties when trying to access their banking apps or make payments.
December 13 -
Micron's planned semiconductor chip factory near Syracuse along with IBM's expansion project in the Hudson Valley could inject as much as $120 billion into markets inside the footprint of the combined NBT Bancorp and Salisbury Bancorp. NBT CEO John Watt calls the economic investments a "transformational opportunity" for the region.
December 13 -
Employees of a Lake Michigan Credit Union branch say they're fighting to organize after upper management failed to respond to their complaints about pay disparity, COVID-19 benefits and more.
December 13 -
The deal is the banking titan's latest investment in fintech.
December 13 -
Sens. Elizabeth Warren, D-Mass., and Pat Toomey, R-Pa., have joined forces to subject regional Fed banks to heightened public scrutiny. How long the coalition lasts depends on what that new scrutiny reveals.
December 13
American Banker -
Regulators are chastising banks for compliance lapses among their fintech partners. But some say the software companies that connect them share some responsibility.
December 13 -
Acting Federal Deposit Insurance Corp. Chair Martin Gruenberg's nomination passed the panel in a 13-11 vote.
December 13 -
FTX's new chief executive, John J. Ray, described shoddy accounting processes and a core group of inexperienced leaders that contributed to the crypto exchange's collapse.
December 13 -
By March 1, financial institutions that are exempt from federal reporting requirements must provide information to state regulators about how much revenue they collect from overdraft fees.
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