How much leeway should the FDIC have in winding down a systemically important institution?
None. All unsecured creditors should be treated the same as in bankruptcy, or too big too fail is here to stay. 57%
A lot. It needs to be able to treat creditors differently to maximize the value of the company. 24%
A little. While creditors should mostly be treated the same, some leeway is necessary. 19%
Acceptance of mobile payments is lagging. What type of payment service is likely to catch on first?
Contactless payments at the point of sale 40%
Something we've never thought of 18%
Person-to-person transfers 24%
It'll be years before consumers warm up to any mobile payments 18%
-
In a Senate Banking subcommittee hearing, lawmakers discussed a bill that would guarantee all legal industries and all individuals fair access to banking services.
1h ago -
The de novo bank, which will serve participants in virtual currency markets, is putting the regulatory pieces in place for its planned 2026 launch.
2h ago -
A breach at an auto lending compliance provider highlights third-party vendor risks and has triggered class action lawsuits against the firm.
2h ago -
The Nashville community bank is focusing on growing its "digital branches" through fintech partnerships and embedded banking with its latest funding round.
2h ago -
The New York megabank, which completed the sale of a 25% equity stake in its Mexico retail business, has been exiting certain international markets as part of CEO Jane Fraser's focus on being a simpler, smaller bank.
4h ago -
The Birmingham-based lender is opening its first branch in Houston, following a wave of banks rushing into the Lone Star State as its economy continues to boom.
4h ago





