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While the Office of the Comptroller of the Currency's recently published stablecoin rule bars stablecoin issuers from offering yield on holdings, there is enough wiggle room in the proposal — and unfinished business in Congress and the courts — for rewards to ultimately be accepted.
March 5
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Banco Santander's bid to buy U.S. regional bank Webster Financial could face surprise challenges following a dustup between President Trump and Spain's leaders over the war in Iran.
March 4
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Traditional banks warn the Fed's decision to grant Kraken a limited-purpose account introduces systemic risks before final rules are even in place.
March 4
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The fresh scrutiny comes as financial firms like Goldman Sachs and Robinhood dabble with various prediction market options.
March 4
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The Financial Crimes Enforcement Network's expectations of banks that file suspicious activity reports have changed. Some banking clients may soon discover that they are less appealing customers than they used to be.
March 4
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The Supreme Court slammed the door on CashCall's final appeal, cementing a massive win for the Consumer Financial Protection Bureau after a 12-year legal marathon.
March 3
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Key measurements of small businesses' health remained stable in 2025, according to a new study by the 12 regional Federal Reserve banks. But those firms' optimism about the future reached its lowest point since 2020.
March 3
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As the Trump administration limits access to only U.S. citizens, volume in the Small Business Administration's flagship loan program is already trailing the 2025 pace. Experts predict that the tighter eligibility criteria will send more loans to nonbanks.
March 2
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The financial advisory firm initially sought an industrial loan charter back in 2020. It's the third company to receive the necessary approvals this year, joining General Motors and Ford.
February 27
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The proposed national trust charter company would be a wholly owned subsidiary of Morgan Stanley. The application was filed on Feb. 18.
February 27
