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The Arkansas Republican, who could be the next chairman of the top banking panel in the House, could find some areas of agreement with Democratic Senate Banking Committee ranking member Elizabeth Warren on issues like failed bank resolution reform.

The incoming Trump administration is expected to prioritize an activities-based oversight approach to nonbank entities, just as the Biden administration has. It may also leave its designation power intact, but unused.

The top five community banks averaged a return on average equity of 115.97% as of June 30.

California's banking market, shaken up by big acquisitions and last year's crisis, is drawing financial institutions seeking opportunity.

The agency had been on the verge of downgrading Philadelphia-based Republic First Bancorp's CAMELS rating to the lowest level but opted for a less severe remedy after a November 2020 visit.

Matt Darula is head of product and digital offerings for Guardian Life Insurance's employee benefits business, responsible for the design, development, and deployment of new offerings, inclusive of traditional insurance products, well-being programs, and digital capabilities.

The Financial Conduct Authority plans to regulate specific technology products that banks use to process payments and require testing. That and more in our global payments roundup.

Art Marrapese is employee benefits practice area chair at Barclay Damon.

The Dallas-based bank is accusing the Consumer Financial Protection Bureau of "pursuing an aggressive and overreaching investigation" into its role in a Treasury Department prepaid card program.

The reduced pace of consumers moving into delinquency adds evidence to the thesis that households are facing lower financial stress.