The Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency issued a joint notice of proposed rulemaking for the Community Reinvestment Act that would tailor requirements for smaller institutions and monitor which groups receive community development grants.

The Federal Reserve is mulling changes to its Regulation O that would allow executives, board members and major shareholders to borrow more from their own banks.

As a vote to invoke cloture on the CLARITY Act looms in the Senate, lawmakers are considering how and whether to offer banks' preferred language on stablecoin yield on the Senate floor.

JPMorganChase has recently teamed up with Ohio State, and SoFi has partnered with Notre Dame, in big-money deals that weren't allowed before this year.

Coastal Financial in Everett, Washington, is reshuffling its management team and abandoning an expansion plan. On Thursday, the bank reported a nearly $69 million credit expense sparked by a fintech partner's deteriorating financial condition.

Charitable remainder annuity trusts can be helpful, but advisors should be careful to follow new guidance issued by the IRS and U.S. Treasury Department.