The June 11 Washington People column mistakenly reported gifts to the Republican Party as donations to a Presidential Gala dinner. Don Powell, the Texas banker President Bush has nominated to be Federal Deposit Insurance Corp. chairman, and John Chalsty, former chairman of Credit Suisse First Boston and now a senior adviser to it, each agreed to raise $100,000 as deputy chairmen of the dinner. Citigroup lobbyist Roger Levy agreed to raise $50,000. AFLAC agreed to donate $250,000 to be listed as a vice chairman, and Capital One raised $50,000.
-
BayFirst Financial, which has reported problems with SBA loans, expects to reach an agreement with its regulators in connection with credit administration and other issues.
8h ago -
A report from J.D. Power indicates that the neobank Chime gained the highest percentage of newly opened checking accounts in the third quarter of 2025.
9h ago -
The court upheld the Federal Reserve Board's right to block Custodia from direct access to its payment systems. The bank is considering asking for a rehearing.
10h ago -
The Tacoma, Washington-based bank, which has completed two mergers since 2023, said Thursday that it will buy back up to $700 million of its own shares over the next year.
11h ago -
New York State's former top regulator Adrienne A. Harris has rejoined Sullivan & Cromwell as of counsel and senior policy advisor; Founders Bank appointed Karen Grau to its board of directors; Deutsche Bank's DWS Group is opening an office in Abu Dhabi; and more in this week's banking news roundup.
11h ago -
Earned wage access provider EarnIn, which historically has been known for direct-to-consumer EWA, is now integrating its services with payroll providers. The move comes as consumer advocate groups step up efforts for stricter regulation of the industry.
11h ago





