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On Dec. 31, 2022. Dollars in thousands.
May 16 -
On Dec. 31, 2021. Dollars in thousands.
May 16 -
Deutsche Bank has been asked by one of its key supervisors to clarify how its staff use private messages for business purposes as regulators worldwide seek to curb the practice.
May 16 - AB - Technology
The question affects the many banks, including Silvergate Bank and Custodia Bank, that have been working on issuing or using stablecoins, as well as regulated stablecoin issuers and all crypto investors.
May 16 -
The point-of-sale lender is teaming up with Fiserv to streamline its onboarding process for merchants. It's part of Affirm's effort to differentiate itself as more banks and fintechs enter the highly competitive buy now/pay later market.
May 16 -
Goldman Sachs Group will allow senior staff to take an unlimited number of vacation days, the latest move by a Wall Street bank to retain talent in a heated job market.
May 16 -
A clear, cross-agency regulatory framework is needed to help the industry embrace the promise of this new financial services paradigm.
May 16
MX -
Completion of U.S. Bancorp’s $8 billion acquisition of MUFG Union Bank, originally slated for June, has been pushed to the second half of 2022, the seller’s parent company says.
May 16 -
The Secure and Fair Enforcement Banking Act would take the uncertainty out of banking and payments transactions involving legal cannabis businesses. The bill has languished in the Senate for years, but there's optimism it could finally reach the president's desk. Here are four ways that could happen.
May 15 -
Foes ousted Hill as leader of the divided board after the death of one of his key allies. Hill remains CEO.
May 15 -
The former JPMorgan Chase executive will will replace Jim Hays, who is retiring.
May 13 -
Precious Quire-McCloud will oversee the implementation and growth of the institution’s initiatives for diversity, equity and inclusion.
May 13 -
Coinbase tumbles, Facebook Pay's new handle and more in banking news this week
May 13 -
The BNPL fintech's new Debit+ card, which allows consumers to split purchases within 24 hours, is popular for buying food. Experts worry that this use case may prove more rotten than fruitful for lenders.
May 13 -
Truliant Federal Credit Union is one financial institution eager to expand online notarization. For customers, it's more about convenience than social distancing.
May 13 -
Grain Technologies guarantees to cover fraud costs for the banks it works with. One of those partners, the $1.65 billion-asset Ponce Financial, recently disclosed just how high that figure has reached.
May 13 -
The Federal Reserve’s forceful moves to fight inflation are resetting expectations about how quickly banks will need to start raising their deposit rates.
May 13 -
Calls for “reform” in times of high liquidity ignore the scalability of the system, and the need to have it around in times of trouble.
May 13
Reading Cooperative Bank -
Banks report solid commercial and industrial loan demand, but are increasingly concerned about how soaring inflation and the specter of recession will affect their clients.
May 12 -
The Birmingham, Alabama, bank is moving its head of consumer banking, Scott Peters, into a new role as chief transformation officer to build new technology infrastructure.
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