People to Watch 2011

MORE FROM AMERICAN BANKER

Real-time payments

FedNow tries to take its domestic success global

The government's real-time rail, which had a banner year in 2025, has proposed a way for its members to access settlements for payments that include a party that's outside of the U.S. Payment experts say it removes some of the mud from cross-border real-time payments, but lingering hurdles remain.

By John Adams
Executive Editor, Payments

1h ago
Federal Reserve

Warsh faces a divided Senate — and a Fed he wants to transform

The former Fed governor's upcoming confirmation hearing will test whether he can satisfy both a president demanding lower rates and a Congress demanding independence.

By Claire Williams and Maria Volkova

3h ago
Industry News

Trump admin ends lease for CFPB's headquarters

The Treasury Department terminated the lease for the Consumer Financial Protection Bureau's Washington, D.C., headquarters; HSBC's Gerry Keefe, head of banking in Europe and the Americas, quit to take a role outside of the financial services industry; Deutsche Bank has reported potential sanctions breaches involving Russian clients to German financial regulator Bundesbank; and more in this week's banking news roundup.

By Traci Parks
Copy editor, American Banker

April 17
Inflation

Fed's Waller says policy outlook depends on Strait of Hormuz

Federal Reserve Gov. Christopher Waller said Friday that the length of time the Strait of Hormuz remains blocked will be a key factor in the longer-term inflation outlook — and, by extension, the Federal Reserve's monetary policy path.

By Maria Volkova
Reporter

April 17
Earnings

Ally's auto credit improves, despite tough backdrop

Nationwide, Americans are falling behind on their car loans. But among Ally Financial's customers, delinquencies fell during the first quarter.

By Nathan Place
National Reporter

April 17
SWIFT

Why Swift is pushing new standards for cross-border payments

The international messaging network is attempting to standardize consumers' cross-border payment experience as other payment rails such as Visa Direct, Mastercard Send and stablecoins pressure the correspondent banking system.

By Joey Pizzolato
Reporter

April 17