WASHINGTON-The Senate easily confirmed Deborah Matz as chairman of the NCUA Board, marking the first time an NCUA Board member will return to the regulatory panel.
Matz, who served on the three-member board from 2002 to 2005, will give the Democrats two of the three seats on the board for the first time in almost a decade. Her appointment will push aside Michael Fryzel, the current chairman and lone Republican on the panel, who has been heading the agency for the past year.
A consulting firm working for BMO Harris flagged the processor's chargeback problem in 2015. The FTC says the shell accounts kept coming through 2023.
The first two articles in this series addressed what banks should measure and how. This final article asks what people often get wrong in calculating AI ROI.
Interactive Brokers, also known by its hot ticker symbol of IBKR, shares much more fee information than most custodians, without revealing much in the way of its scale among RIAs. Can it gain greater reach in a competitive channel?
A federal judge found SVB Financial's management negligently prioritized yield over safety, allowing the Federal Deposit Insurance Corp. to retain the deposits after the bank's 2023 collapse.
Justin Duke's move from BNY Wealth to Simon Quick Advisors shows how higher fees, rising asset minimums and tighter client constraints are pushing some bank advisors toward RIAs.
BTIG is predicting mortgage origination volume for loanDepot, PennyMac Financial Services, Rithm, Rocket Cos., and UWM Holdings combined will be 5% lower than the industry consensus for the third quarter.
