Browsing: Banks

Key insight: Merchant groups have praised Trump’s support for the Credit Card Competition Act. What’s at stake: Card issuers face pressure to lower rates and fees. Forward look:…

Canada’s mid-size banks are heading into 2026 with more credit strain and a tougher economic backdrop, according the 2026 Medium-Size Bank Outlook from Morningstar DBRS. The…

Mark Mason, then CEO of Citi Private Bank, speaks during the Global Wealth Management Summit in New York, June 17, 2014.Shannon Stapleton | ReutersThe biggest U.S.…

Key insights: The earned wage access market is getting more competition from new fintechs.  What’s at stake: Most of these transactions involved bank accounts, creating a need…

Key insight: With a proposed rule, OCC is codifying non-fiduciary trust bank activities.Processing ContentSupporting data: Trusts hold $2 trillion in custody assets already.Forward look: The proposal…

Key Insight: Federal Reserve Vice Chair for Supervision Michelle Bowman is considering changes to the central bank’s regulatory framework aimed at easing burdens on smaller institutions,…

The traditional role of an investment banker is to provide advice on deals and financings. But JPMorgan’s bankers recently began noticing that clients were asking for…

Key insight: The U.S. financial system’s banking and trade linkages to Venezuela were already scant prior to the capture of Nicolás Maduro, since the South American…

Key insight: Internal communications suggest Marquis paid a ransom to suppress the data, despite stating there was no evidence of misuse.Supporting data: The breach affected at…

Key insights: Euronet is buying CrediaBank’s merchant acquiring unit, Lloyds is set to shutter its invoice financing business and an industry group is calling for increased…