WEST PALM BEACH, Fla.-Four years after NCUA placed five corporate credit unions into conservatorship, the biggest question that remains is what will be the final cost to natural-person CUs. Are NCUA's forecasts on target? Or will the tab be higher? In response to Freedom of Information Act requests from CU Journal, for the first time NCUA has released certain information related to the "legacy assets." Inside, NCUA, CEOs and analysts offer their thoughts on what the final cost will be.
-
Visa and Mastercard have released products designed to manage AI agent risk, and are also working with Ant International on a shared know-your-agent protocol.
5h ago -
The failure of a much-anticipated crypto market structure bill Tuesday likely has doomed the effort to pass the bill in this Congress. The next version of the bill could be a double-edged sword for banks.
September 16 -
Federal Reserve Chair Kevin Warsh framed the central bank's move to increase interest rates as a moderate adjustment to rapid economic growth during his post-Federal Open Market Committee press conference.
September 16 -
The market initially showed relief after the initial confirmation of an anticipated inflation-fighting hike but discussion of a future raise renewed concern.
September 16 -
Megadeals and private equity transactions usually draw the biggest headlines, but potential acquirers can take their pick from any number of possible sources of financing.
September 16 -
A bipartisan bill awaiting a Senate vote aims to reduce tax burdens for financial fraud victims by restoring an expanded personal casualty loss deduction.
September 16










