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The banks are testing quantum computing's ability to speed up applications, to alleviate bottlenecks and to do more while consuming less power.

A report recommends clearer guidelines and enhanced training to prevent conflicts of interest in FDIC acquisitions, which the agency concurred with and agreed to implement.

An amendment to the National Defense Authorization Act would expand access to the Financial Crimes Enforcement Network's beneficial ownership database. That would allow financial firms to cut off drug traffickers' financing.

After the bank's 2014 spinoff from Royal Bank of Scotland, its executives worked to shore up weaknesses. Now they're concentrating on how to close the gap with regional banking peers.

The $17 billion-asset Suffolk-based company is convinced paying $120 million for an in-state rival is a more productive use of capital than share buybacks

Sen. Edward Markey warns that biased AI algorithms are making decisions that deny mortgages to Black people. 

Lawmakers on the House Financial Services Committee touched on a number of issues overlapping with banking and the Securities and Exchange Commission, including SAB 121 and stablecoin legislation.

Consumer Financial Protection Bureau Director Rohit Chopra's decision to withhold support of a reworked Basel III endgame capital proposal is logical as a way to gain leverage in this and future rule negotiations but may ultimately not amount to much.

Federal Reserve Gov. Michelle Bowman said a lack of banking experience among regulatory officials has led to unintended consequences. She flagged mergers, fintech partnerships and liquidity proposals as prime examples.

The Biden-Harris administration's approach to medical debt reduction is well-intentioned, but counterproductive. There are better ways to reform the system and maintain patients' dignity.