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The retail giant is betting on the mainstream appeal of digital assets, while Lloyds' cash-preservation strategy gains steam. That and more in American Banker's global payments and fintech roundup.
October 8
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The Senate confirmed former Federal Deposit Insurance Corp. board member Jonathan McKernan to serve as Treasury's under secretary for domestic finance on a party-line vote, installing a key industry ally in the Treasury Department.
October 8
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A new report links a surge in consumer complaints to two financial influencers selling dubious advice and products to millions of followers online.
October 7
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Don McCree, who has led commercial banking at Citizens since 2015, plans to retire next year. His successor, Ted Swimmer, who was in charge of capital markets, took over on Tuesday.
October 7
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Federal Reserve Gov. Stephen Miran sidestepped whether policy setting pressure from the administration is a welcomed development, but reiterated that he wants to avoid succumbing to "groupthink."
October 7
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The Federal Deposit Insurance Corp. approved proposals Tuesday that would define "unsafe or unsound practices" and ban the use of "reputation risk" in supervisory exams.
October 7
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The messaging service is building a network of banks to support the technology that underpins digital currencies. Technology experts say this "single location" concept encourages legacy institutions to adopt digital assets, but it's just one of many options.
October 7
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Chayt said the bank has been able to onboard customers "at the speed of fintech" rather than "the speed of banking."
October 7
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Posnett gets paid to worry about the volatility of the macro environment. Her answer: Q2 investment banking fees are 26% higher than the same period in 2024.
October 7
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Led by Bryant, serendipitous high-stakes acquisitions and a commitment to niche markets have led to First Citizens Bank's strong growth year-over-year.
October 7
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Doyle describes herself as naturally optimistic, even after being a passenger on the plane that crashed into the Hudson River in 2009.
October 7
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Booth, who is BMO's head of U.S. personal and business banking, talked about how soccer has been at the center of the bank's marketing push in California.
October 7
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In a career spanning three decades at Bank of America, O'Neill has risen from trainee to the head of all consumer banking. In the near term, she plans to open more branches and make better use of AI.
October 7
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"Large enough to matter, small enough to care:" Kedia's vision for U.S. Bank
October 7
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Commercial banking's underserved segments—the upper middle market, for one—are creating new pathways for TD, and Gateman is running the ball.
October 7
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Friedman who became JPMorganChase's top lawyer in 2016, said it's important to separate out what's important from the daily noise swirling around.
October 7
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Last year, Dmuchowski led efforts to reposition First Horizon's balance sheet, which is expected to increase net interest income by a projected $35 million in 2025.
October 7
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Within the bank's tech, operations and services organization, Brady has minimized turnover and preserved institutional knowledge.
October 7
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In 2024, as the Alabama-based bank was facing more competition on its Southeast home turf, Danella was laser-focused on customer satisfaction.
October 7
