JACKSONVILLE, Fla. – Fidelity National Information Services, the credit union and bank outsourcer spun off from Fidelity National Title last year, reported it will take a $27.3 million charge in the first quarter in relation to the refinancing of $3 billion of unsecured debt. The new credit facilities include $900 million of revolving credit and a $2.1 billion, five-year loan. The initial term of the loan is 1% above LIBOR.
The Commodity Futures Trading Commission is seeking industry feedback as it considers a federal framework for leveraged crypto markets.
The chief risk officer's oversight extends to the modernization of loan pricing and scoring, which the GSEs' oversight agency has been accelerating.
Financial Planning is seeking candidates under the age of 40 for its annual awards recognizing advisor employees at both wirehouse and regional firms for industry-leading production.
Many wealthy retirees hesitate to spend their savings. Advisors share how budgeting and cash flow planning help clients enjoy their wealth.
American Banker's closed-door roundtable revealed opportunities to take advantage of the future of on-chain banking and corporate payments.
The ICBA files a suit to stop the OCC from its charter spree, and the CFTC wants to change the rules to bring prediction markets under its regulatory remit.
