Browsing: Bank

The line of fintechs and crypto companies applying for and quickly receiving bank charters these days is a bit like the way Oprah Winfrey used to…

Key insight: The Federal Reserve recently proposed three changes to the way mortgage loans and mortgage servicing rights would be treated under bank capital requirements. Two…

Key insight: Midland States’ decision to dismiss veteran CFO Eric Lemke comes as its turnaround program appears to be gaining traction.Supporting data: As the bank exited…

Key insight: The top economists at 12 large and regional banks said inflation will persist for several more months, due partly to the Iran war, which…

Key insight: While European digital banks like N26 and Monzo have previously struggled to crack the U.S. market, experts say Revolut’s massive 70-million global customer base…

Key insight: The package includes measures that had already been considered by the committee, including a bill on brokered and custodial deposits and a number of…

Why it’s important: Newity plans to use its freshly expanded lending capacity to work with more community banks.Expert Quote: “You don’t have to worry about reading…

Key insight: One of KeyCorp’s top executives has resigned from the bank, citing “personal health considerations,” according to a securities filing on Monday.What’s at stake: The…

Jamie Dimon, chairman and CEO of JPMorgan Chase, attends the ribbon-cutting ceremony opening the firm’s new headquarters at 270 Park Ave., in New York, Oct. 21,…

Key insight: Edward Jones received approval from state and federal regulators to open Edward Jones Bank, which will take deposits and plans to offer certificates of…