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The Washington-based think tank says there is a great deal of uncertainty about how much time Congress has to raise the federal spending limit before defaulting on its debt.
February 22 -
The Moon Township-based credit union promoted Lisa Florian, its senior vice president of experience, digital strategy and marketing, to replace Ron Celaschi, who is leaving to become CEO of Patriot Federal Credit Union in Chambersburg.
February 22 -
The move reflects banks' cautiousness when faced with new technology that could introduce risks or spark regulation.
February 22 -
TD Bank estimates it hands out 20 million pens every year. Huntington is getting close to offering its 80 millionth pen. It's a way to get a bank's brand to travel with customers across the globe, but is it worth it?
February 21 -
Octaura, an electronic portal backed by seven global banks, completed its first syndicated loan trades earlier this month.
February 21 -
The Los Angeles bank, which disclosed the layoffs in a securities filing, is undergoing a broader restructuring under its new CEO. The bank expects $30 million to $40 million of savings per year from the job cuts.
February 21 -
The Canadian-owned bank is retiring its Hubert the Lion mascot, which Harris Bank originated more than a century ago. Other furry representatives have also faded out as the banking industry has become more nationalized.
February 21 -
Polygon Labs, the operator of an eponymous protocol used by developers to make Ethereum transactions quicker and cheaper, has cut 20% of its workforce, or around 100 employees, as part of a consolidation of business units.
February 21 -
As some banks build their own systems to custody crypto, others have invested in startups.
February 21 -
The high court's inevitable decision on the constitutionality of the Consumer Financial Protection Bureau's funding structure will tell us a lot about how radical the court is willing to be.
February 21
American Banker -
A bill introduced by Sen. Dave Min would prohibit banks that invest in gunmaking from working on any aspect of state public finances, including bond sales.
February 21 -
JPMorgan Chase, Morgan Stanley and Bank of America threatened to leave climate group NZBA late last year if limits on their fossil-fuel activities were imposed, concerned that they would be legally bound, according to people familiar with the process.
February 21 -
The National Credit Union Administration proposed a rule that would, among other changes, allow remote workers to join credit unions in their employer's market.
February 21 -
The Consumer Financial Protection Bureau has asked the high court to overrule a lower-court decision that threatens its funding structure. The justices didn't accept the case on Tuesday, but experts say it could still make the cut in the coming week.
February 21 -
A new credit union service organization uses Prizeout's technology to incentivize members to buy gift cards from local stores.
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