NEW ORLEANS - (12/06/04) -- NAFCU-backed Republican candidateCharles Boustany topped Democratic State Sen. Willie Landry Mount,the CUNA-backed candidate, in Saturday's run-off election for thestate's seventh House District, one of the two final congressionalelections in the country. The race represented one of the few timesthe two credit union lobby groups backed opposing candidates. Alsowinning election to Louisiana's House delegation Saturday wasDemocratic Charles Melancon, who bested 31-year-old Republican BillTauzin III, son of 12-term Rep. Bill Tauzin Jr., who is retirng tobecome a lobbyist. The two run-off elections were required understate law because no candidate received a majority of votes on Nov.2.
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JPMorganChase wants to expand its digital bank offerings to three more European countries, according to a new Financial Times report; M&T Bank Corp. elects Jerry Jacobs Jr. to the board of directors of both its parent and banking subsidiary; Citizens Financial Group names Chris Emerson as head of investor relations; and more in this week's banking news roundup.
June 19 -
Banks that don't embrace embedded payments now risk losing out to more nimble rivals in the near future.
June 19 -
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18 -
Back-office automation fintech BILL Holdings is using JPMorgan Payments white-label digital wallet to subledger its own clients' accounts. Reconciling client payments for BILL's corporate card, the BILL Divvy Card is the company's first use case.
June 18








