Rapidly Modernize Banking Processes
Sponsored by
How can the requirements of T+1 help your organization implement a more efficient trade settlement life cycle and make the necessary upgrades for success?
-
The purchase of Peoples Banktrust would create the fifth-largest bank based in Georgia’s most populous metropolitan area.
-
First Busey Corp. is investing in software to eliminate the drudgery of some tasks. But this Best Bank to Work For will judge the success of the tech initiative by employee engagement more so than just efficiency. The goal is to boost morale.
-
KeyCorp, Zions and Capital One are among the companies making big moves in a sector that is growing fast and viewed as recession-proof.
-
The OCC is expected by year-end to issue high-level guidance for banks on assessing how they contribute to climate change and how it impacts them. The agency and other regulators may next consider further actions, such as giving Community Reinvestment Act credit for financing environment-friendly projects and even more rigorous stress tests, analysts say.
![Climate risk management standards from the OCC and others could aim to provide regulatory incentives. “If banks participate in the Chesapeake Bay regional cleanup, and that benefits a lot of minority fishermen on the Eastern Shore, I think the agencies would definitely think about giving that [Community Reinvestment Act] credit,” said a former OCC official.](https://arizent.brightspotcdn.com/dims4/default/f423715/2147483647/strip/true/crop/3746x2107+0+64/resize/1280x720!/quality/90/?url=https%3A%2F%2Fsource-media-brightspot.s3.us-east-1.amazonaws.com%2F64%2F6e%2F2f60cbf546feadc2e8b93aa43257%2Fadobestock-55069042.jpeg)
-
The federal bank regulators had relaxed certain requirements in April 2020 due to the COVID-19 crisis. But they said in a new joint statement that servicers “have had sufficient time to adjust their operations” since that time.
-
The cobranded Amex-Morgan Stanley brokerage card replaces one that offered loyalty points instead of cash.
![Climate risk management standards from the OCC and others could aim to provide regulatory incentives. “If banks participate in the Chesapeake Bay regional cleanup, and that benefits a lot of minority fishermen on the Eastern Shore, I think the agencies would definitely think about giving that [Community Reinvestment Act] credit,” said a former OCC official.](https://arizent.brightspotcdn.com/dims4/default/c57c1aa/2147483647/strip/true/crop/3746x2107+0+64/resize/1440x810!/format/webp/quality/90/?url=https%3A%2F%2Fsource-media-brightspot.s3.us-east-1.amazonaws.com%2F64%2F6e%2F2f60cbf546feadc2e8b93aa43257%2Fadobestock-55069042.jpeg)
