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One way for credit unions to remain competitive is to control their own data; and Iran is fighting an economic war.
March 13
American Banker -
The war may put a damper on bank mergers; and financial crime has become a global industry -- a big global industry
March 12
American Banker -
PE money eviscerates an RIA's client-first culture, leading to advisor burnout and turnover.
March 11
XYPN -
There's a huge difference between short-term volatility and true systemic risk. The current rash of redemptions from private credit funds betrays a misunderstanding of the strengths underlying the business model.
March 11
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Kraken's limited account with the Fed raises as many questions as it answers; bank executives worry about the war; Nubank hires a TikTok executive; and M&T CEO Rene Jones joins the Leaders series
March 11
American Banker -
Mortgage servicing rights are one of the most notoriously volatile assets in financial markets. The Federal Reserve's plan to loosen their capital treatment could foretell major problems in the future.
March 10
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Branchless and out-of-state banks are harvesting deposits in Florida and lending them out elsewhere, a situation that leads to serious underinvestment in desperately needed infrastructure and affordable housing.
March 9
K.H. Thomas Associates -
New research sheds light on the real causes of bank failures; and the economic numbers aren't adding up to a recession, yet.
March 9
American Banker -
If we allow algorithms to inherit yesterday's incentives — maximizing return, minimizing empathy — then tomorrow's system will be flawlessly efficient at reproducing inequality.
March 6
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Romance scams and other "pig butchering" frauds are growing rapidly. Should banks refund the stolen money? Not all agree on the answer to that question.
March 6
American Banker