Jasmine Ni
Jasmine Ni was an editorial intern at American Banker in New York. She is the executive editor of The Daily Pennsylvanian at the University of Pennsylvania, where she is entering her senior year.
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The Bureau of Economic Analysis' personal consumption expenditures inflation report for May showed that inflation had risen 4.1%, meeting elevated expectations and casting further doubt on the prospects of near-term interest rate cuts from the Federal Reserve.
June 25 -
The former New York governor will chair a new effort aimed at tokenizing financial products on chain and bringing 24/7 digital trading to NYSE-listed assets.
June 22 -
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
Chair Travis Hill said the Silicon Valley Bank failure showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
National Capital Bank, founded in 1889, and Old Dominion National Bank, founded in 2007, are combining with plans to take the merged entity public.
June 15 -
Federal prosecutors have sought records and account closure data from banks as the Trump administration continues to clash with the industry.
June 11 -
The bank's first institutional fundraising round brought its total funding to $222 million.
June 9 -
The former crypto wunderkid added a presidential-pardon application to the long list of attempts to get his sentence reduced.
June 9
