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Gone are the days of easy lending, cheap money and zero-interest deals. Here to stay: shifting rates, currencies, and inflation that will define the new age in capital markets, according to Bank of America Corp.'s Elif Bilgi Zapparoli.
December 29 -
JPMorgan Chase's Warsaw office is planning to extend a work and training program for Ukrainian refugees for another year after hiring around 50 this summer.
December 29 -
The 30-year fixed rate surged 15 basis points from a week earlier but ends 2022 at more than twice its mark from a year ago.
December 29 -
The White House now has just one key bank regulatory post unfilled, but it didn't get to this point easily.
December 29 -
Banks saw dealflow weaken in 2022, both for deals on which they advised and for their own M&A involving other banks and fintech companies.
December 29 -
Lenders are bracing for possible setbacks in small business, office and hospitality lending. Consumer credit challenges may follow.
December 29 -
The Wyoming-chartered digital asset bank is mounting a court challenge over how the Federal Reserve issues master accounts to applicants. Whatever happens, the suit will have broad consequences for the central bank and the banking industry.
December 29 -
The fintech is working with third-party marketplaces and similar partners to deliver its newest services, rather than try and sell directly to end users.
December 29 -
Even as DeFi remains mostly unregulated, it offers no shield against the legal consequences of alleged fraud.
December 29 -
Executive coaching programs and specialized employee resource groups have helped financial institutions broaden their available pools of talent and ensure more representation throughout all levels of management.
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