Digital Mortgage Direct Page

The longtime Most Powerful Women in Banking honoree looks back on her four-decade career and how the industry has changed for women.

The change, even if temporary, could help to reduce spreads to Treasurys and bring down rates, the Community Home Lenders of America, the Independent Community Bankers of America and the National Association of Realtors argue.

Ron Hauben is a partner at the law firm McDermott Will & Emery, where he routinely represents accounting firms in defending litigation and regulatory enforcement matters. Earlier in his career, he served as vice chair and general counsel of Ernst & Young. The views expressed are his, not his firm's or his clients.

Net interest income rose sharply at Wells Fargo and especially JPMorgan Chase last quarter, thanks to lighter-than-expected deposit costs. But questions linger about how long both companies can keep a lid on those expenses and whether smaller competitors can do the same.

Jane Fraser defended Citigroup's recently announced organizational overhaul and specific performance targets, saying the plan is different from prior restructurings because it's designed to fundamentally change how the company operates.

The Security Traders Association conference in D.C. led a panel about the SEC's proposal to scale back robo-advisors and AI in markets.

Banking leaders were honored and offered motivating wisdom for women to ascend the corporate leadership ranks at American Banker's Most Powerful Women in Banking Gala this year.

JPMorgan Chase now tops Wells Fargo in third-party servicing, origination volume and on-balance-sheet home loans, according to company filings.

The Pittsburgh-based regional bank expects to save $325 million next year as it reduces its staff by 4%. Executives said the cuts are necessary because revenue has fallen amid a surge in interest rates and a decline in loan volumes.