NEW YORK - Standard & Poor's Ratings Group plans to launch a rating
The rating agency noted that bank loans are emerging as a new asset
NEW YORK - Standard & Poor's Ratings Group plans to launch a rating
The rating agency noted that bank loans are emerging as a new asset
The Consumer Bankers Association elected Atlantic Union Bank's Maria Tedesco as its 2025 board chair; Banco Santander's Steffen Doyle is leaving the firm; Commerzbank's lawyers allege an ex-analyst made up sexual harassment claims against a colleague after he lost his job; and more in this week's banking news roundup.
The ongoing government shutdown prevented the Bureau of Labor Statistics from releasing its September jobs report Friday, but job growth appears to be softening. The lack of reliable government data comes as the Federal Reserve mulls further interest rate cuts.
College sophomores are applying for jobs before they've even taken a finance class. Goldman Sachs CEO David Solomon says he dislikes the process, but doesn't have the power to change it.
Portugal's Feedzai will build the fraud detection system for Europe's planned digital currency, a deal worth up to $278 million.
The digital bank is expanding its investment offerings with a lower-risk, fee-free level of options trading.
Jennifer Taylor at Citibank and Jodi Richard at U.S. Bank are driving a rethinking of how to tackle the risks banks face using technology.