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Federal Judge David Nye sides with a broker fired over five years ago for placing trades without first obtaining his client's permission.
March 16 -
Darnell returns to Regions, after fintech-focused stints at Visa and a community bank acquired by Huntington, as the bank accelerates its branch opening plans.
March 16 -
While it's moving away from embedding transactions in ChatGPT to funneling purchases through third parties, analysts say the artificial intelligence lab's shift doesn't dilute the threat large language models pose to traditional card issuers.
March 16 -
The Alabama-based regional bank plans to open 135 to 150 branches over the next five years, while closing the same number. Regions' decision to accelerate its timeline by two years comes as large and regional banks try to capture more market share in the Southeast.
March 16 -
CEO René Jones told American Banker that private-credit firms are both partners and competitors. "Today, one of the concerns is that we don't have that full transparency, as much as we would like. And so we have to be cautious as we move in that direction," he said.
March 16 -
Penny Pennington has presided over a wide-ranging overhaul that has seen forays into alternative assets and banking but also heightened rates of advisor departures.
March 16 -
The company has agreed to a 20-year lease for the entire office portion and some retail space at the 51-story property, where it's already the anchor tenant.
March 16 -
The Fed explores ditching paper checks; enforcement actions against banks have plunged under Trump; the CFPB gets a stinging rebuke.
March 16
American Banker -
The bank and fintech entered an agreement to expand open banking ahead of the CFPB's new 1033 rule and announced joint fraud-combatting product improvements.
March 13 -
A federal judge wrote in an opinion that a "mountain of evidence" suggests the subpoenas were an effort to push Federal Reserve Chair Jerome Powell to lower interest rates or resign.
March 13 -
Dynasty accuses Merrill of acting in distorting the court record in its attempt to force a dispute over a giant breakaway team before FINRA arbitrators.
March 13 -
David Szuchman, PayPal's top cop, leverages his background in law enforcement, including years in the Manhattan district attorney's office, to help the fintech fight against payment crooks.
March 13 -
The New York-based bank, which serves plaintiff law firms, agreed to pay $348 million for a Windy City community bank.
March 12 -
The payments fintech's Nasdaq debut marks the largest U.S. listing by a Japanese company in a decade and had a strong start despite market turmoil caused by the Iran war.
March 12 -
The bank-owned instant payment network has added a new use for its seldom-mentioned disbursement business.
March 12 -
A near-record share of homeowners unable to sell their properties are renting them out instead, with "accidental landlords" accounting for 2.3% of listed rental stock in October, per Zillow data.
March 11 -
The card network hopes to increase revenue from non-card payments and is tapping two major technology trends.
March 11 -
Comptroller of the Currency Jonathan Gould said one of the early messages he is hearing from banks and supervisors revolves around an uneven playing field between small banks and their core providers, but suggested formal rules to address the problem are not imminent.
March 11 -
The Swiss bank turned to a federal judge to mediate its dispute with a Jewish human rights group, but the two sides left the courtroom in deadlock.
March 11 -
Federal Reserve Vice Chair for Supervision Michelle Bowman said in a speech Wednesday morning that the central bank's ongoing consideration of changes to its emergency liquidity rules and facilities must align with a separate goal of shrinking the Fed's balance sheet.
March 11



























