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New York and California are among the states that have laws requiring lenders to make certain disclosures to small-business borrowers. The Consumer Financial Protection Bureau has reached a preliminary determination that a federal statute does not preempt those state laws.
December 8 -
Financial institutions are contributing to open source projects and value them more than ever, a survey finds.
December 8 - AB - Policy & Regulation
The acting comptroller of the currency said new CECL standards will help banks weather current economic uncertainty. He also touted the benefits of diversity in risk management.
December 8 -
In a tight job market, banks are exploring new ways to find the employees they need.
December 8 -
Publicly traded companies exposed to the "crypto winter" and the collapse of FTX or other digital-asset companies might have to disclose those details to investors under new guidance from the Securities and Exchange Commission.
December 8 -
Canada's banking regulator increased a key capital requirement for large banks — and raised the potential range of the measure — giving it more power to protect the country's financial system from elevated risks.
December 8 -
Treasury Secretary Janet Yellen hailed the work done by women in her department as she unveiled the first U.S. banknotes bearing the signature of a female secretary.
December 8 -
William Demchak, the Pittsburgh bank's CEO, is leery of acquiring banks amid elevated regulatory scrutiny. KeyCorp Chief Executive Chris Gorman has similar concerns, citing economic uncertainty in addition to the long waits for approval.
December 8 -
FTX's new chief executive and bankruptcy lawyers met with Manhattan federal prosecutors investigating the cryptocurrency exchange's collapse and allegations that it misused customer funds and lost billions of dollars, according to people familiar with the matter.
December 8 -
Markus Braun makes his first public appearance in court on Thursday, more than two years after his highflying digital-payment company Wirecard collapsed under the weight of fraud allegations.
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