Commercial banking

The Toronto-based bank has promoted Kevin Li to take over as head of its American operations. He will succeed Shawn Beber, who is retiring.

Core CPI, which excludes food and energy, rose to 3.1%, up from 2.9% in June.

The bank teller, Khalila Cooper, embezzled $34,000 over a six-month period. She has been banned from the banking industry for her "personal dishonesty," the Fed said.

Alex Laipple is chief growth officer at Ethic, a technology-driven asset management platform that powers personalized, values-aligned and tax-smart investing for financial intermediaries.

The CFPB must unequivocally state that consumers own their financial data and prohibit financial institutions from monetizing access to it. No one, not even the biggest bank in the country, should dictate with whom consumers can share their data.

The Providence, Rhode Island-based bank has hired Aunoy Banerjee as its next CFO, a role that will be vacated by State Street hire John Woods. Banerjee is currently the CFO of Barclays Bank PLC.

Yuval Rooz is the co-founder and CEO of Digital Asset.

The plea marks the beginning of the end of the case over the $50 billion collapse in May 2022 of stablecoin TerraUSD.

The Ohio-based bank opened its first branch in Alabama, with plans to open 14 more over the next three years.