-
Experts anticipate that Trump's victory and expected shifts in regulatory leadership will delay finalizing Biden-era capital rules for large banks, with new officials likely favoring a less stringent Basel III framework and softer capital requirements.
November 6 -
An index of bank stocks rose 8.5% early Wednesday after Donald Trump won his bid to return to the White House.
November 6 -
An uptick in fines associated with anti-money-laundering failures demonstrates that U.S. banks still have much work to do in terms of optimizing their internal systems to identify and stop the flow of dirty money.
November 6 -
Former President Donald Trump rode waves of voter discontent over inflation to win key swing states that he lost in 2020 and reach the necessary 270 votes. He told supporters Wednesday morning that he's been given "an unprecedented and powerful mandate."
November 6 -
Adam Schiff, known as a pro-cryptocurrency lawmaker, has also introduced bills that would regulate "revolving door" employment at banking regulators.
November 5 -
California's 47th Congressional district, which is being vacated by Rep. Katie Porter, D-Calif., after her unsuccessful bid for California's senate seat, is being sought by law professor and Democrat David Min, who has been an outspoken progressive on banking issues. Running against him is Republican Scott Baugh, who ran unsuccessfully against Porter in 2022.
November 5 -
Amerant in Coral Gables has relied on partnerships with South Florida athletic franchises to build brand awareness and help ease its expansion in Tampa.
November 5 -
The impact of both presidential candidates' fiscal promises around taxation and spending could have dramatic effects on the Federal Reserve's outlook for monetary policy, which has become more aggressive toward rooting out inflation.
November 5 -
Investors brushed off a potentially prolonged week of U.S. election results and instead focused on fresh economic data.
November 5 -
In a tough market for fintechs, Brex, Green Dot, Marqeta, and others are looking for ways to connect their clients to services outside of banking, a strategy that comes with regulatory risk.
November 5