JACKSONVILLE, Ark.–Arkansas FCU has come to the rescue of Santa--or at least his missing suit. The credit union is donating funds to replace Saline County's Santa suit, which was reported missing earlier when county officials sought to retrieve it from a local dry cleaner. AFCU has presented a check for $500 to Saline County Judge Lanny Fite at the Saline County Courthouse’s North Pole Gazebo.
A bank-led challenge to the Office of the Comptroller of the Currency's interpretation of the National Bank Act threatens to undermine 21 national trust charters granted in recent years. The Supreme Court's decision to end Chevron deference makes the plaintiffs' argument easier.
Research shows artificial-intelligence programs bolster bad decisions and reduce diversity of thought, posing risks to banks' culture and governance.
RIAs that custody less than $100 million with Fidelity have several options to choose from before being forced out of the firm next year. None of them is necessarily easy.
Federal Deposit Insurance Corp. Chair Travis Hill said Tuesday that regulatory changes to bank supervision and M&A rules are meant to improve safety and soundness rather than water down oversight.
Attackers suspected of using AI got into Korean banks through side doors. The apparent failures were ordinary cyber hygiene, the kind U.S. regulators keep naming.
While it isn't a household name in most U.S. wealth management circles, RQD* Clearing just drew a substantial growth investment on the basis of its international clearing business. Can that translate to more stateside RIA relationships?
