-
The proposed settlement would resolve allegations that USAA violated laws protecting those in the military from excessive interest rates. The bank said it "strongly disagrees" with the allegations.
August 6 -
The resurgence of the syndicated loan market signals a pendulum swing back to greater reliance by debt issuers on traditional bank financing.
August 6 -
The bank technology company has a payments unit but reports most of its revenue comes from sources other than transaction processing.
August 6 -
The guidance largely matches last summer's proposal, with clarifications around least-cost determinations, foreign bank resolutions and resolution strategies. Regulators also gave banks more time to file their living wills under the new framework.
August 5 -
Judge Martin Glenn of the Federal Bankruptcy Court of the Southern District of New York greenlighted SVB Financial's bankruptcy plan Monday, but $1.93 billion in FDIC-held deposits remain contested pending further litigation.
August 5 -
Monday's market decline has sparked concerns of an economic downturn, calling attention to installment lenders that market to distressed consumers.
August 5 -
A long-time industry observer and bank regulation expert spells out the steps banks should take to ensure their fintech relationships are safe.
August 5 -
New executives were lined up for lenders across the country, including Fremont Bank in California.
August 5 -
Sen. Jack Reed, D-R.I., asked the Federal Reserve to require public reporting of synthetic risk transfers — also known as credit risk transfers, or CRTs — through bank call reports and systemic risk reports.
August 5 -
Ent Credit Union in Colorado is using automated customer relationship management software from Creatio to help improve its employee-facing data management systems without the need for computer programmers.
August 5