The decision will turn on whether regulators think the merged company would lessen competition or pose a significant threat ...
The combination of two Pacific Northwest banks was supposed to create a regional powerhouse, but rising deposit costs have ...
The Federal Reserve, Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency issued a 30-page guidebook on managing affiliate risks. The report builds on formal guidance issued ...
In talks with OCC officials, "it became obvious that we would not gain near-term approval given their recent experience with multifamily and CRE positions," FirstSun CEO Neal Arnold says. The ...
A set of panels discussing minority depository institutions and digitization found that cost is a significant challenge to minority depository institutions, especially in the core processing space.
Claire Williams covers banking policy matters on Capitol Hill. She previously wrote about financial and economic policy for Morning Consult and earlier had stints at S&P Global and the Arkansas ...
Miriam Cross is a Washington-based reporter covering bank technology and fintech at American Banker. Previously, she was an associate editor at Kiplinger's Personal Finance magazine.
(1) Initials for asset-backed security. See asset-backed security. (2) The name for a convention used to express the rate of prepayments for an asset-backed security. ABS expresses principal ...
The efforts, which respond to President Biden's October executive order on AI, aim to improve synthetic content detection and ...
Tighter merchant connections between Square and Cash App helped Block produce stronger-than-expected results during the first ...
The Federal Reserve has proposed that the two payments services run seven days a week, meaning they'd no longer close on ...
"Bank-specific insolvency proceedings have been adopted in the U.S. and other G20 nations to prevent future taxpayer-funded bank bailouts," writes Virág Blazsek, a lecturer at the University of Leeds ...