ROMEOVILLE, Ill. - (12/03/04) -- Argonne CU, saying heightenedsecurity following 9-11 has made it difficult for members to accessits facilities in Argonne National Laboratories, said it plans tobuild a new headquarters building here. Plans call forgroundbreaking next spring on a two-story, 23,598 square-footoffice, with completion slated for 2006. Argonne is one of the U.S.Department of Energy's science and engineering researchlaboratories.
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.
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.
The global payments platform, which recently expanded to the U.S., also plans to build new autonomous finance and agentic commerce products.
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.
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.
The bank is part of a trend of financial institutions trying to streamline a complicated industry that paper has dominated for years.
