APPLE VALLEY, Minn. - (05/17/06) -- Wings Financial FCU has hired HTGArchitects, of nearby Eden Prairie, to design a new aviation-themedbranch near the Hartsfield-Jackson Atlanta International Airport.Scheduled for a fall completion, the 5,000 square-foot branch isexpected to look something like the hangar-like structure the $2billion credit union built in Eagan, Minn., last year, evoking theformer NWA Airline Employees' credit union's heritage. The designwill highlight milestones of the airline industry withinspirational quotes and historical photographs. Wings Financialexpanded its field of membership to serve the entire airtransportation industry and is now the official credit union forAirTran Airways, which has a hub in Atlanta.
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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.
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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.
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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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