In|Vest 2018: Innovations & Digital Transformations in Wealth brings together the entire wealth management industry – including leaders in retail financial services, advisors and investors, insurers and asset managers, solution providers and consultants. Held in New York on July 10 and 11, 2018, the gathering facilitates honest discussion of the most important issues confronting the wealth management industry as digital transformation comes up against the reality of market execution. Interested in seeing more? Click
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Sen. Tim Scott of South Carolina, ranking Republican on the Senate Banking Committee, is pushing a bill to re-freeze Iranian funds made available after a Biden-negotiated hostage deal last month. Scott says the move is a response to Hamas' Oct. 7 attack on Israel.
October 17
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Billy Beale joined the small Virginia bank in May, several months after its fintech partnership strategy landed it in hot water with regulators. "There's still a lot of just blocking and tackling that we've got to do to get the bank to work the way it's supposed to," he says.
October 16
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It's been a rocky few years for senior housing as the sector recovers from its COVID occupancy drop and its profitability takes a hit. But bankers see long-term opportunities amid an aging U.S. population and say their portfolios are healthy.
October 16
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The bank argues federal law preempts a New York state statute requiring at least 2% interest payments on borrowers' accounts.
October 16
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Mark Smith, most recently head of the firm's treasury and trade solutions division in Europe, the Middle East and Africa, will take on the treasurer role on an interim basis.
October 16
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The deal, first announced in September 2022, would have given Taichung Commercial Bancorp a foothold in several U.S. markets.
October 16
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Seth Fineberg is a consultant to the public accounting profession and the founder of Accountants Forward. A highly seasoned editor and business journalist, he was previously editor of AccountingWeb and technology editor of Accounting Today.
October 16
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Banks, regulators and public interest groups have sparred for years over whether exam and other supervisory information should be public and to what degree. However, the recent sharing of CSI with a news organization has pushed the policy fight back into the spotlight.
October 16
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On JPMorgan Chase's third-quarter earnings call, CEO Jamie Dimon debated with Wells Fargo Securities analyst Mike Mayo over whether recent advances in AI present an advantage to traditional banks or to their challengers.
October 16
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The biggest U.S. bank is selling green bonds for the first time in over two years as sales of the debt accelerate at a record pace.
October 16
