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Citigroup has gone back to requiring employees — regardless of their vaccination status — to don masks when they’re in the office, according to a person familiar with the matter.
July 29 -
The state's department of financial services is asking firms that it supervises to report information about the composition of their boards and senior leadership. It expects to publish aggregate findings in early 2022.
July 29 -
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Democratic proposals to offer free accounts, restrict overdraft fees and cap interest rates have zero chance of passage. But analysts say lawmakers’ push for products that help consumers is influencing some banks’ decisions to institute reforms on their own.
July 28 -
Officials in New Jersey, Alabama, Texas and Vermont say the fintech's banklike account is illegal. Here's what they're doing about it.
July 28 -
Borrowers with Paycheck Protection Program loans of up to $150,000 will be able to apply for forgiveness directly through a government portal if their lender opts in. Industry representatives welcomed the move.
July 28 -
Flagstar’s main business is lending to nonbank mortgage lenders, and New York Community Bancorp CEO Thomas Cangemi has a plan for tapping those borrowers to drive loan and deposit growth.
July 28 -
The high cost of living in the state's bigger markets is limiting growth and turning off buyers. CVB Financial and TriCo Bancshares found sellers in the more affordable cities of Visalia and Bakersfield.
July 28 -
The Rhode Island bank is doubling down on the nation’s largest market after agreeing in May to buy dozens of branches from HSBC. Meanwhile, Investors Bancorp’s decision to sell itself underlines the challenges facing smaller regionals.
July 28 -
Swift Go is designed for businesses and consumers to send cross-border transactions under $10,000 at more competitive rates.
July 28 -
Persistent coronavirus fears have accelerated consumer interest in checkout-free retail options like Amazon Go, just as new technologies like 5G make such concepts more practical to implement.
July 28 -
Banco Santander SA said it’s on track to beat a key profitability metric for the year with earnings from the U.S. and U.K. fueling the Spanish lender’s resurgence after historic losses linked to the pandemic.
July 28 -
The pandemic created a new expectation that banks should show empathy for customers in crisis. Let’s keep it that way.
July 28
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Combined with its pending acquisition of HSBC's East Coast branches, the deal would give the Rhode Island-based Citizens a top-10 deposit market share in metropolitan New York.
July 28 -
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A Senate hearing highlighted the two parties' starkly different views of digital assets, with Democrats warning of price manipulation and Republicans saying the government should just get out of the way.
July 27 -
The card brand's recent deals to buy Tink and Currencycloud for a combined $3 billion are meant to give it a stronger presence in fast-growing fintech markets.
July 27 -
States have the option of adopting the oversight framework issued by the Conference of State Bank Supervisors, which resembles capital and liquidity plan proposed by the Federal Housing Finance Agency.
July 27 -
The very smallest banks, whose numbers shrank during the financial crisis, were most likely to express concern that the housing market will imperil the broader economy.
July 27 -
Wintrust has developed a specialty financing insurance premium payments for companies and individuals while PacWest and Signature Bank are meeting strong demand for loans to venture funds that invest in technology firms.
July 27

















![Wyoming Republican Cynthia Lummis, left, said at a Senate hearing that a “publicly available ledger” makes it hard for criminals to use virtual currencies anonymously. Sen. Elizabeth Warren, D-Mass., said, “All the warning signs [about cryptocurrencies] are flashing.”](https://arizent.brightspotcdn.com/dims4/default/3f6e76c/2147483647/strip/true/crop/1400x788+0+13/resize/1280x720!/quality/90/?url=https%3A%2F%2Fsource-media-brightspot.s3.us-east-1.amazonaws.com%2F2a%2F78%2Fa8d1ec554e77a78bce270cf621ca%2Flinkedin-post-3.jpg)





