ST. PAUL, Minn. - (01/26/05) -- The Minnesota CU Network, whichbrought you legislative playing cards and sauerkraut for politicalfundraising, introduced a different lobbying promotion this week.Representatives of the state league hand-delivered to all 201members of the state legislature and Gov. Tim Pawlenty apersonalized coffee mug with their photo, name, party affiliation,district number and home city affixed to it. The mugs contained aletter from the credit union league, a packet of cocoa and a12-page booklet about credit unions and the credit uniondifference. Last year the league presented lawmakers withpersonalized playing cards and held an Oktoberfest beer blast toraise political funds that featured German food and a sing-alongwith 'George the German.'
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JPMorganChase and Bank of America raised concerns about the proposed removal of risk-weighted assets from the denominator of the short-term wholesale funding component of the GSIB surcharge — changes backed by Goldman Sachs and Morgan Stanley.
June 26 -
House Speaker Mike Johnson, R-La., reportedly plans to send the recently passed housing bill to the White House on Monday, starting a 10-day clock for the president to sign the bill.
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The global payments platform, which recently expanded to the U.S., also plans to build new autonomous finance and agentic commerce products.
June 26 -
A new lawsuit seeking class-action status alleges that FirstBank Puerto Rico knowingly facilitated Jeffrey Epstein's sex trafficking operation by failing to enforce basic anti-money-laundering and know-your-customer rules.
June 26 -
Pinnacle Financial Partners' headquarters is moving to a new 25-story office tower in Midtown Atlanta; New Jersey-based Provident Bank appoints Adriano Duarte to succeed Thomas Lyons as chief financial officer; Binance will shut down services for customers in France, Italy, Spain and Poland after the exchange withdrew its MiCA licence application in Greece; and more in this week's banking news roundup.
June 26 -
The bank is part of a trend of financial institutions trying to streamline a complicated industry that paper has dominated for years.
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