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The Japanese bank, owner of Union Bank in San Francisco, has hired RBC alum Roger Blissett to raise its profile among lawmakers, oversee compliance and build deeper relationships with regulators as its recent charter switch continues to stir controversy.
May 8
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Subordinated debt issuance, which took a back seat as bank stocks surged, could regain popularity as growth-minded banks become leery of market uncertainty.
May 8
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Former N.Y. Attorney General Eric Schneiderman had been a thorn in the side of financial institutions, using his state’s significant clout to affect national policy debate on a host of topics ranging from dark pools to cryptocurrencies. Here’s a look back at how Schneiderman made his mark on the ways financial institutions do business.
May 8
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Gary Cohn, the former director of the White House Economic Council, said he's still weighing options for his next role but one possibility is a digital bank.
May 8
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The online business lender would have reported its second straight quarterly profit if not for one-time costs tied to layoffs and lease terminations.
May 8
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How a measure to make opening online accounts easier was crafted — and why it needs to pass Congress.
May 8
Baker Donelson -
The program has expanded to seek startups in Chicago and Wisconsin for mentoring and potential partnerships.
May 8
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The agency’s rule restricting short-term loans ignores state discretion and harms needy borrowers, argues Louisiana’s attorney general.
May 8
Louisiana -
About 175 million Americans now have access to a credit card, and the delinquency rate has gone up along with that, but an expert at TransUnion, which issued the data Tuesday, said the underlying metrics suggest there is no cause for alarm — yet.
May 8
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Financial Institutions agreed to buy HNP Capital, a wealth management firm near Rochester.
May 8
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Hedge fund apparently likes the bank’s corporate services business; Michael Piwowar is credited with “jump-starting” the agency’s deregulatory push.
May 8
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The information you need to start your day, from PaymentsSource and around the Web. Today: Apple plans to meet with Toronto transit officials; Cryptocurrency goes to the movies; Swedish startup organizes APIs; Digital billing advances in Pakistan.
May 8
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January 14, 2020 seems like a long way away. But there are less than two years before the Windows 7 cut-off date hits; and time flies when it comes to ATM upgrades, writes Paul Albright, executive vice president of Outsource ATM.
May 8
Outsource ATM -
Lorie Shannon, recruited from SunTrust, will oversee a strategy that features large, non-QM mortgages in key markets.
May 7
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The Pittsburgh bank opted to give more than half of its employees $2,000 pay hikes instead of the bonuses handed out by many rivals.
May 7
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The public face of the Trump administration's revamp of the Consumer Financial Protection Bureau is by no means working alone.
May 7
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The Saver's Sweepstakes program was developed with the help of the Minnesota Credit Union Network, which runs a similar initiative.
May 7
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The insurance giant said it would need to make a “significant additional investment” to gain scale and be competitive. It has hired an investment banker to help it unload deposits and loans.
May 7
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More than 1 million jobs will be lost to AI by 2030, according to one estimate. But new jobs are also being created. Are banks and their employees ready?
May 7
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More than 1 million jobs will be lost to AI by 2030, according to one estimate. But new jobs are also being created. Are banks and their employees ready?
May 7
