Finance

Market data providers like Bloomberg and FactSet use generative AI to boost productivity for their users.

A Plaid spokesperson said an IPO remains 'a milestone we're tracking toward' but it wouldn't happen this year.

Former Capital One Multifamily executive Grace Huebscher departed recently and the Federal Housing Finance Agency appointed a successor amid broader reform.

For the first time in four years, more small businesses reported a drop in income than an increase, according to a survey by the 12 regional Federal Reserve banks.

In a paper, former central bank researchers make the case that the Federal Reserve could better support the Treasury market from disruptions in the cash-futures basis trade by hedging its asset purchases.

Current leverage-based capital requirements are outdated, counterproductive and urgently need reform to better serve U.S. taxpayers, capital markets, consumers, businesses and the economy.

The United States is reindustrializing, with a focus on manufacturing and advanced production. For investors willing to move beyond conventional narratives, these sectors offer substantial growth potential, fueled by both policy support and private sector demand.

The Connecticut bank said its newly minted president, Steven Sugarman, successfully led a private placement and signed a long-term employment agreement that makes him a potential CEO. David Lowery, current chief executive of Patriot, plans to step down in April.

Federal Housing Finance Agency Director Bill Pulte is the new chair for both and he has removed several members while adding a few new names at each.

A blend of equity, private debt and public investment drove the country's growth in the Industrial Revolution. To remain globally competitive, the U.S. needs more creative financing of large infrastructure projects.

Five Star Bank's parent company denied wrongdoing but said the agreement spares it the uncertainty and expense that might have resulted from a trial.

The New Jersey bank, which has been investing in its capital markets business, recently helped the fintech lender Best Egg securitize and sell $160 million of loans.

A coalition of national financial organizations filed a friend-of-the-court brief for preemption after regulators filed one against it in a key servicing case.

The Detroit lender will take a first-quarter hit due to a latest balance sheet restructuring, but said the play should boost profitability in the long term.

Increases in memberships and loan originations led to the bank's improved performance.

The startup announced over $20 million in funding in January and plans to launch in the second quarter of 2025.

The card-issuing company has appointed CFO Mike Milotich as interim CEO as Simon Khalaf steps down. The firm also agreed to buy European payment provider TransactPay.

Ryan Donovan, the Council of Federal Home Loan Banks' CEO, foresees affordable housing mandates becoming more focused on home supply than demand.

The Canadian bank's U.S. unit is restructuring its balance sheet and managing the fallout of anti-money-laundering compliance failures, but there were some positive indicators in last quarter's results.

Canada's largest bank is bracing for the impact of a threatened U.S. 25% tariff on imports from north of the border. But the cloudy 2025 outlook was offset by strong results last quarter.