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President Trump lobbied again for Congress to pass the CLARITY crypto market structure bill, but paths toward this Congress doing so are treacherous with few legislative days left.
August 19 -
As banks consider how to expand relationships by selling new uses for artificial intelligence, getting clients to trust the innovation is a major challenge.
August 19 -
Jeff Kesler leads a firm that recently struck a deal to acquire a small bank in Palmer, Texas. Kesler says he's on the lookout for other Lone Star State banks to buy.
August 19 -
As analysts raise concerns that AI could undermine the economics of generous transition deals, executives at Ameriprise, Stifel and Raymond James wonder if firms are paying too much to recruit advisors.
August 19 -
Just two weeks after releasing its planned schedule for buybacks this quarter, the Treasury Department on Wednesday said it's "increasing, by at least double, the size of liquidity support buyback operations" for securities dated from the 10-year to the 30-year sector.
August 19 -
Bankers in the U.S. can learn a few things from watching the rollout of the European Union's new AI Act. Specifically, they should notice the gaping hole where rules about identity verification ought to be.
August 19
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Litigation involving Amalgamated Bank highlights the risks that banks may face when highly placed employees leave their jobs on bad terms.
August 19 -
Neuberger Berman launched a new junk-bond fund using tokenized securities, a process that has been the focus of crypto firm Securitize for more than a decade.
August 19 -
The president has initiated a for-cause process to remove the Federal Reserve Board governor from office, something only one president has successfully done before. But that century-old precedent may not offer Trump much useful guidance in his quest.
August 19 -
Executives at three regional banks that are participating in a tokenized-deposit network discussed how they are retooling their risk practices to fit always-on conditions.
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