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Transactions grew larger and more frequent this year. As a result, aggregate value more than tripled from 2023 and topped $15 billion.
December 27 -
The executive dubbed "Captain Emergency" stabilized ailing companies such as AOL Time Warner and Dime Savings Bank before being named chairman of Citigroup in 2009.
December 27 -
With transparency, security and reliability embedded at its core, a blockchain is not merely a way to enhance existing systems — it represents a model for what banking should aspire to be.
December 26 -
On her way out the door, SBA Administrator Isabel Casillas Guzman issues licenses to four more nondepository lenders.
December 24 -
Banks can and should play a key role in giving members of minority groups and other underserved communities the tools they need to navigate an increasingly complicated financial landscape.
December 24 -
JPMorgan Chase, Wells Fargo, Bank of America, U.S. Bank and Citi had more than $1 billion in combined first-mortgage loans as of Sept. 30.
December 24 -
Fintech lenders often get criticized for high rates or fees on their consumer lending. But there's an argument to be made that the alternatives are worse.
December 24 -
The watchdog accuses Rocket Homes and The Mitchell Group brokerage of initiating a plan to generate origination business for Rocket Mortgage.
December 23 -
The custody bank achieved its goal for the amount of deposits it placed into minority banks and community development financial institutions by the end of the year.
December 23 -
The U.S. is risking the status of the dollar as the world's reserve currency by delaying the launch of a central bank digital currency. Adopting a "federated" version of a CBDC could answer the concerns of many skeptics.
December 23