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The Brazilian neobank attributed a Q4 boost in its credit portfolio to its AI-powered underwriting tool, but expenses caused it to miss Wall Street estimates.

Acquiring the $386 million-asset Pacific West Bancorp extends a strengthening bull market for bank M&A.

After completing a migration to its proprietary tech stack, Chime is setting its sights on GAAP profitability in 2026 following a strong fourth quarter.

The Toronto-based bank reported higher revenue across the entire company, including in the U.S., and kept expenses in line with its previous projections.

Senate Majority Leader John Thune, R-S.D., moved to consider the housing package next week, but it's not clear what version of the bill senators will be voting on as the House, Senate and White House are still negotiating priorities.

The agency's 400-page GENIUS Act proposal sets capital, reserve and operational rules to govern how stablecoin issuers may operate. 

The bill, offered by Sens. Catherine Cortez Masto, D-Nev., and Todd Young, R-Ind., would allow Federal Home Loan bank members to establish tax-exempt community infrastructure development bonds.

Willamette Valley Bank cited consumer shifts to nonbanks and stubborn interest rates behind the decision, joining a line of institutions to exit since 2025.

Comptroller of the Currency Jonathan Gould took several assertive stances at a Senate Banking Committee hearing Thursday, minimizing concerns about banks' potential compliance costs to collect citizenship data and sidestepping questions about World Liberty Financial's trust charter application.

For the first time since early September 2022, the Freddie Mac Primary Mortgage Market Survey has the 30-year below 6%, but the 15-year gained this week.