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The stablecoin issuer said revenue and reserve income increased due to more stablecoins in circulation after its IPO and the passing of the GENIUS Act.
August 12 -
The Toronto-based bank has promoted Kevin Li to take over as head of its American operations. He will succeed Shawn Beber, who is retiring.
August 12 -
Core CPI, which excludes food and energy, rose to 3.1%, up from 2.9% in June.
August 12 -
The bank teller, Khalila Cooper, embezzled $34,000 over a six-month period. She has been banned from the banking industry for her "personal dishonesty," the Fed said.
August 12 -
Alex Laipple is chief growth officer at
Ethic , a technology-driven asset management platform that powers personalized, values-aligned and tax-smart investing for financial intermediaries.August 12 -
The CFPB must unequivocally state that consumers own their financial data and prohibit financial institutions from monetizing access to it. No one, not even the biggest bank in the country, should dictate with whom consumers can share their data.
August 12Nevcaut Ventures -
The Providence, Rhode Island-based bank has hired Aunoy Banerjee as its next CFO, a role that will be vacated by State Street hire John Woods. Banerjee is currently the CFO of Barclays Bank PLC.
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The plea marks the beginning of the end of the case over the $50 billion collapse in May 2022 of stablecoin TerraUSD.
August 12 -
The Ohio-based bank opened its first branch in Alabama, with plans to open 14 more over the next three years.
August 12