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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.
March 10 -
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.
March 10 -
Federal banking regulators should allow banks to receive Community Reinvestment Act credit for making loans to community news organizations.
March 10
Charles H. Revson Foundation -
SVB Financial Group shares extended their plunge before being halted in premarket trading for pending news as prominent venture capitalists recommended companies withdraw their money from the lender.
March 10 -
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.
March 9 -
The card network is examining how to make incentives more personal by using advanced technology to sift through a trove of consumer spending data.
March 9 -
Consumers who aren't proficient in English have long struggled to get help from banks in their preferred language. Banks and regulators are trying to fix that, but the solution has taken years.
March 9 -
The bank has agreed to acquire Big Data Healthcare, a Texan fintech that automates commercial payments flowing to and from hospitals and medical groups. It's the latest example of banks' deepening health care investments.
March 8 -
True Digital and TechPassport help banks assess and monitor fintech vendors and partners.
March 8 -
The dataset, developed by Federal Reserve researchers, will give historians and students a far easier way to examine banks' performance between 1867 and 1904. The period was one of significant instability, which ultimately prompted the creation of the Fed.
March 7 -
The Dallas-based bank offered a more downbeat forecast than it did back in January, as rising rates have continued to put pressure on deposits.
March 7 -
After a three-decade climb up the corporate ladder, Reda took on her most daunting task yet: launching the card network's new consumer banking unit.
March 7 -
Associate partner Mary Ann Francis is a risk taker — the kind who jumps off a waterfall without a parachute. She brings this same boldness to her work at IBM, where her decades of banking experience help the tech giant find new opportunities for artificial intelligence and quantum computing.
March 7 -
The Supreme Court's insistence that Congress expressly authorize regulatory action on 'major questions' is destined to run afoul of the administration's efforts to set rules of the road for cryptocurrency.
March 7
American Banker -
Carmichael held the position for less than a year after stepping down as chief in July. The Cincinnati bank plans to elect a new executive chair at its annual shareholder meeting in April.
March 7 -
This year's Most Influential Women in Payments honorees are uniquely positioned to make the most of disruptive factors such as the advancement of artificial intelligence, central bank digital currencies and real-time payments.
March 7 -
Senate Banking Committee Chair Sherrod Brown wants regulators to hold public meetings on branch shutdowns in situations where community members request them. His request follows opposition to a closure in a low-income section of Toledo, Ohio.
March 6 -
Fifty congressional Democrats urged regulators to propose "strong" climate disclosure regulations in finalized rules that are expected to be released in the coming weeks.
March 6 -
Executives have ramped up initiatives for educating members, staffers and directors on how to gain support from legislators.
March 6 -
Robert Hill Jr., who had been CEO of the company before it merged with CenterState Bank in 2020, will resign in April. The company says it's replacing his position with a nonexecutive chairman "as part of a broader, ongoing effort to enhance the independence of the company's board."
March 6
























