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After six years, a bill from Rep. Ed Perlmutter to allow banks and credit unions to serve legal marijuana businesses is finally getting some traction.
February 22
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Todd Harper and Rodney Hood's nominations to the National Credit Union Administration board are not expected to face significant opposition.
February 22
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Readers weigh legislative proposals on pot banking, consider JPMorgan's new digital coin, debate the Federal Deposit Insurance Corp.'s brokered deposit rules and more.
February 21
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After six years, Rep. Ed Perlmutter tells American Banker he is finally seeing some traction on his legislation to allow banks to serve legal marijuana businesses.
February 21 -
The Senate Banking Committee's vote on Mark Calabria's nomination to lead the agency comes amid speculation about congressional and administrative GSE reform plans.
February 21
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Banks earned $59.1 billion in the fourth quarter, a 133% year-over-year increase, due to a one-time charge in the year-earlier quarter and a lower effective tax rate throughout 2018.
February 21
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Mel Watt calls FHFA watchdog “sexist,” after it concludes he’s guilty of sexual harassment. State Street sues the "Fearless Girl" sculptor. Banks big and small face mounting pressure on gender pay gap and board diversity. And another top 40 U.S. bank might get a female CEO.
February 21
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Critics of the merger need to recognize the competitive threat banks face from big tech and other innovators.
February 21
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If verdict stands, it could raise ceiling on anti-laundering penalties; better-than-expected results buy Barclays chief more time on current strategy.
February 21
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Congressional investigations are often rushed affairs that fail to dig beneath the surface. But the hiring of a veteran investigator who has tangled with Deutsche in the past suggests that this politically charged inquiry is likely to be thorough.
February 20
American Banker
