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Nominating and confirming acting Comptroller Michael Hsu would solve a serious problem in a good way.
May 16
Ludwig Advisors -
The bank is focusing on pre-seed companies that specialize in fintech or other forms of technology and have diverse founders.
May 16 -
Last year, just 31% of the bank's shareholders voted in favor of compensation packages for top executives. Support climbed to 89% this year after JPMorgan vowed not to make any more special one-time awards to Chairman and CEO Jamie Dimon.
May 16 -
As fintechs struggle, the bank is introducing a line of credit and plans new installment lending products shortly after launching its buy now/pay later product on Amazon Pay.
May 16 -
The San Francisco bank agreed to a deal with its shareholders after allegedly making misleading statements about its progress in resolving regulatory problems. The agreement is the second-largest bank class-action settlement in history.
May 16 -
The debt ceiling is a law that can only end in disaster. Congress should replace it with a constitutional amendment that requires federal budgets to be balanced and passed on time.
May 16
American Banker -
Democratic and Republican lawmakers alike pilloried former Silicon Valley Bank CEO Greg Becker over his compensation package.
May 16 -
Berkshire's move out of several financial stocks and into Capital One in the first quarter, detailed in a regulatory filing Monday, comes after CEO Warren Buffett said publicly he was cooling on the sector.
May 16 -
The New York bank is hoping for 30% to 40% productivity improvements from the use of AI in areas like software development and knowledge extraction.
May 16 -
Brent Grable will take on managing IT and operations at the Massachusetts bank. He formerly worked at Santander and State Street.
May 16














