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The two banks are among the early bank adopters of a Swift standard that's designed to support near instant payments and serve as an alternative to stablecoins.
Kate Danella, head of consumer banking since 2022, will become Region Financial's chief administrative officer, as David Keenan plans to retire. John Jordan will take over leadership of consumer banking.
Stephen Wheeler, a prominent Consumer Financial Protection Bureau union organizer, was placed on administrative leave as the agency investigates allegations it has not publicly disclosed.
The Mortgage Bankers Association says the three-day post-close period is redundant, but consumer groups called it vital for borrowers and required by law.
Companies need to find new ways of combining apprenticeships with AI model interactions for their newest employees, according to Carissa Robb, consultant and former TD Bank executive.
For the past three quarters, more bank branches have opened than closed. It's a trend, though a slight one.
