MIDWEST
Magna Group Inc., St. Louis, has elected Dr. William A. Peck and Roger
Dr. Peck is the executive vice chancellor for medical affairs at
Mr. Lowery is a district agent for Northwestern Mutual Life Insurance
MIDWEST
Magna Group Inc., St. Louis, has elected Dr. William A. Peck and Roger
Dr. Peck is the executive vice chancellor for medical affairs at
Mr. Lowery is a district agent for Northwestern Mutual Life Insurance
A set of panels discussing minority depository institutions and digitization found that cost is a significant challenge to minority depository institutions, especially in the core processing space.
The Federal Reserve, Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency issued a 30-page guidebook on managing affiliate risks. The report builds on formal guidance issued last year.
The efforts, which respond to President Biden's October executive order on AI, aim to improve synthetic content detection and improve the trustworthiness of AI models.
Tighter merchant connections between Square and Cash App helped Block produce stronger-than-expected results during the first quarter, while Jack Dorsey said the firm will launch its first remittance product later this year leveraging decentralized finance.
In talks with OCC officials, "it became obvious that we would not gain near-term approval given their recent experience with multifamily and CRE positions," FirstSun CEO Neal Arnold says. The companies announced other revisions to their deal, too.
The Federal Reserve has proposed that the two payments services run seven days a week, meaning they'd no longer close on weekends or holidays. The public has 60 days to comment.