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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?
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Brett Mooney returns to the card network as the country manager for Canada, a digital-forward market that is attracting more competition from banks and fintechs.
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In Kirschner, v. JPMorgan Chase Bank, N.A — a case that could drastically change banks' role in the syndicated loan market — judges in the Second Circuit wondered how banking regulators view the syndicated loan market.
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The credit union promoted Shelly Mellenberger, a senior vice president, to be its new president and CEO. She replaces Dan Wollin, who will retire on April 2.
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The major payment card networks are "pausing" the rollout of a new merchant category code to identify purchases at stores that sell guns and ammunition, following pushback from lawmakers in Florida and elsewhere.
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Despite growing up as digital natives, this age group now has more complex financial needs than they can typically handle online.
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Shares in Silicon Valley Bank's parent company plunged 60% after executives announced they would sell a large bond portfolio at a big loss. The market "seems to be pricing in greater liquidity needs" than the bank currently anticipates, one analyst said.
