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Despite a culture of innovation, cash is still king in Japan. That paradox gives Japan a chance to leap ahead of other countries in payment innovation, says Fime's Takahide Kadoyama.
February 17
Fime -
The Arizona company will pay $1 billion for the parent of AmeriHome Mortgage, which manages a $99 billion mortgage servicing portfolio.
February 16 -
Goldman’s move follows similar initiatives in recent months by the biggest U.S. financial firms.
February 16 -
The leadership at Boston Private Financial Holdings wanted to establish a wealth management partnership with SVB Financial Group — but ended up striking a deal to sell the company to SVB instead.
February 16
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The AskResearch virtual assistant helps the company's employees quickly find specific information buried in proprietary research to facilitate their work with clients. It's a creative solution to data-retrieval problems many banking companies face.
February 16
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Sundie Seefried, one of the credit union industry's foremost experts on cannabis banking, will transition to a new role this summer, leading a new venture serving the legal marijuana space.
February 16
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While the Mortgage Bankers Association hailed the move, some experts say it could negatively impact housing inventory.
February 16
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In a book that was decades in the making, retired law professor Art Wilmarth tells the story of the Glass-Steagall Act — its origins, demise and aftermath. He also makes a case for restoring the separation between banks and securities firms, arguing that erecting such a barrier would reduce systemic risk and weaken the big banks’ political power.
February 16
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Chinese e-commerce giant JD.com Inc. said it plans to spin off its JD Logistics shipping business in a listing on the Hong Kong Stock Exchange.
February 16
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Gov. Michelle Bowman said the agency's analysis of certain deals should weigh the competitive threats posed by technology companies and nonbanks.
February 16
