When it comes to our primary corporate, our position is:
We are confident in its management 37%
We are scrutinizing management, but not making changes 20%
We are scrutinizing management and have made changes 10%
We are not confident in its management 33%
Constellation Software subsidiary CORA Group rebranded its U.S. core banking service as regulators are looking to inspect core vendor relationships.
Banks have embraced artificial intelligence for years. Now, after a week of dire warnings about the technology's risks, executives at two big banks are calling for caution and calm.
More depositories are getting involved in the securitized market and the competition is likely to add to expense management challenges of smaller balance loans.
Consumers' spending and payment behaviors were "holding very firm" despite inflationary pressures, Synchrony Chief Financial Officer Brian Wenzel said at the Barclays Global Financial Services Conference.
Sen. Elizabeth Warren sent a request for information to the National Association of Insurance Commissioners about state regulators' efforts to address private equity ownership of life insurance companies.
Advisors are still slow to plan for handing down their businesses, in part because of difficulties finding new owners they can trust.
