ROCKVILLE, Md. - (03/09/06) Although it had just a few jobopenings, Montgomery County Teachers FCU here is reporting thatmore than 200 people turned out for a Job Fair the credit unionhosted. The applicants showed up over the two days the credit unionwas seeking to fill positions s tellers, MSRs and phone centerreps. The event was held at the credit union¹s headquarters.It currently serves its 54,000 members with 156employees.
The buy now/pay later provider and aspiring neobank submitted applications to the Utah Department of Financial Institutions and the Federal Deposit Insurance Corp. to establish Klarna Bank.
The U.S. has created just 36,000 jobs on average every month over the last year; that's long enough to be a trend, and a weak one at that.
Federal Reserve Board Gov. Christopher Waller says he is OK with dialing down the amount of communication issued by the central bank's monetary policy committee, but doesn't want the central bank to throw out the baby with the bathwater.
Banking law scholars warn the Supreme Court's ruling in Trump v. Slaughter will further politicize bank regulation, clouding policy expectations for firms and reshaping the balance of power between the White House and financial regulators.
Governor Gavin Newsom announced the swearing in of Rohit Chopra as secretary of the California Business and Consumer Services Agency, Amalgamated Bank of Chicago promoted Cherie Duve to executive vice president and chief legal officer, Ramon M. Rodriguez joins USCB Financial Holdings and U.S. Century Bank as an independent director, and more in this week's banking news roundup.
The Open Standard consortium understands what makes a stablecoin valuable isn't how digital it is, but how ubiquitous it is
