Browsing: Banks

Key insight: Banco Santander’s pending acquisition of the Northeast regional bank Webster Financial is one leg of the Spanish bank’s plan to boost U.S. profitability, executives…

Key insight: Permissibility planks in the markets structure bill could open up banking activity more widely than advertised, some experts say. What’s at stake: At the very…

Key insight: Jeffrey Epstein’s network is so vast that large professional crisis management firms are feeling the strain of having too many clients involved in the…

Key insight: The Treasury released an AI lexicon and a risk management framework specifically tailored to help financial institutions safely adopt AI technology. What’s at stake: Inconsistent…

Key Insight: The battle over Illinois’ ban on certain “swipe” fees is not over, as a coalition of banking trade groups appeals the latest court ruling.Expert…

Key insight: OpenClaw operates as an autonomous agent with the same system privileges as its human user, making it a unique shadow IT threat.What’s at stake:…

I’ve long said that the banks weren’t interested in mortgages anymore.Their distaste for home loans probably began post-2008 when several were forced to close their doors.…

Key insights: U.K. banks are considering a locally-based payment network, and Americans are big contributors to spending influxes in Italy for the Olympic games. What’s at stake:…

Doubling down on what has worked in the past — especially if it’s still working now — may inadvertently trap banks into business models ill-suited for…

Key insight: The Office of the Comptroller of the Currency’s proposed rule would let banks and trusts under its jurisdiction appeal supervisory findings with a “fresh…