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The move is designed to align the two Utah-based businesses under a single unique name and comes two years after the bank acquired the home lender in 2024.
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Federal Reserve Bank of Dallas President Lorie Logan said at an event Thursday that conducting monetary policy actions through a third party would improve efficiency and make markets stronger.
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The payment company's PYUSD has launched on Polygon's international digital asset rail as big financial institutions give potential heft to Open Standard's pending OpenUSD.
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Federal Reserve Chair Kevin Warsh's five policy review groups will be composed of a broad mix of business leaders, academics and former central bankers, including venture capitalist Marc Andreesen and former Fed Gov. Jeremy Stein.
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The banks now let institutional clients mint and redeem Circle's USDC directly, turning them into stablecoin infrastructure providers.
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JD Power's closely watched survey of financial advisors' satisfaction with employee and independent brokerages crowned its perennial winners, with one interesting exception.
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