ATLANTA-NCUA said it has reassigned long-time southeast region three Director Alonzo Swann to be special assistant to executive Director David Marquis in NCUA headquarters in Alexandria, Va.
Swann will be replaced by current mid-Atlantic Region Two associate director Hebret Yolles as acting director in the Atlanta-based region.
The crypto company made the acquisition to expand its institutional platform after it received approval from the OCC for a national trust bank charter.
Borrowing against art can offer liquidity without triggering capital gains, but high costs keep it from becoming a first-choice strategy.
A continuing resolution to fund the government through mid-December would prevent the White House from blocking grants — including some in the banking sector — to states and municipalities that voted against President Donald Trump.
Bank of America Securities research shows this sector has had its best year since at least 2017, but some trends in the market point to a need for caution.
Visa has collaborated with technology firm Bluefin to build "card present" security that includes tools to mitigate risk from new forms of artificial intelligence.
A ruling by the U.S. Court of Appeals for the 9th Circuit last week allowing Nevada to regulate prediction markets like Kalshi creates a split with the 3rd Circuit, meaning the Supreme Court will ultimately have to settle the issue.
