The Latest

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    New Jersey’s BCB appoints new CEO

    New chief executive Thomas O'Brien said he intends to “undertake an aggressive program” to address areas of improvement at the bank.

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    Sponsored by Aon

    The risk you already own: Financing digital asset exposure with a captive

    Much of your digital asset risk is already on the balance sheet, fragmented across functions and driving avoidable earnings volatility.

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    FDIC bans, fines ex-bank CEO involved in Supreme Court case

    Harry C. Calcutt III allegedly negotiated and approved a series of unsafe and unsound transactions and then concealed them from regulators, the FDIC alleged.

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    5 takeaways from Jerome Powell’s award speech

    The former Federal Reserve chair emphasized the importance of central bank independence in receiving the John F. Kennedy Profiles in Courage Award for his resistance to pressure from President Donald Trump.

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    Scotiabank to buy Dallas-centered commercial bank

    Buying MapleMark Bank allows the Canadian lender to offer FDIC insurance to clients and furthers its North American growth goals, an executive said.

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    Spencer Platt / Staff via Getty Images
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    Ex-TD employee pleads guilty in bank fraud

    A former employee at a TD branch in New York facilitated about $3.4 million in fraud by stealing from customers and bribing an employee at another bank, the Justice Department said.

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    Anna Moneymaker / Staff via Getty Images
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    CFPB orders return to a new, smaller DC headquarters

    Employees based outside the Washington area will be expected to report by Aug. 31, according to a memo. However, the headquarters has space for just 550 of the bureau’s 1,100 workers.

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    Bank consolidation may stunt innovation: research

    Consolidation may alter banks’ risk tolerances, making them more inclined to extend loans to bigger, established companies than smaller, riskier borrowers, said Oudom Hean, a professor at North Dakota State University.

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    GreenSky to pay $10M to state AGs

    The home-improvement lender, once owned by Goldman Sachs, operated a “predatory loan scheme,” according to Texas Attorney General Ken Paxton.

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    Chip Somodevilla / Staff via Getty Images
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    Wells Fargo CEO: AI’s effect on employment is ‘complicated’

    The bank's biggest AI-related challenge is determining how the technology can transform its business model and how the lender should respond, Charlie Scharf said Wednesday.

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    CFTC asks judge to vacate $5M Gemini penalty

    A onetime CFTC chair nominee alleged Gemini’s founders grilled him on the case, then lobbied the White House to stall his nomination.

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    CFPB faces lawsuit over fair housing rule change

    The agency’s final rule amending how the Equal Credit Opportunity Act is applied “effectively guts” fair lending protections, according to four plaintiffs.

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    OCC cites AML deficiencies at NY bank that partners with fintechs

    New York City-based Community Federal Savings Bank, a partner to Wise and Crypto.com, faces an enforcement action over what the regulator deemed an inadequate suspicious activity alert system.

  • JPMorgan Chase CEO Jamie Dimon sits in a blue velvet chair on a stage with a dark background behind him.
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    Alexander Tamargo / Stringer via Getty Images
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    JPMorgan CEO: AI may create things ‘we’re going to lose at’

    Jamie Dimon also indicated Wednesday the top U.S. bank is “on the lookout” for acquisitions and sees “a chance to put $10 [billion] or $20 billion to work buying something.”

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    LendingClub CEO expects ‘skinned knees’ amid fintech charter rush

    Fintechs that want to become banks should brace for “a learning curve” as they ramp up governance, risk and compliance infrastructure, said LendingClub CEO Scott Sanborn.

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    Courtesy of American Hotel & Lodging Association
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    California judge rules in favor of OppFi, against regulator

    A judge ruled that OppFi sufficiently demonstrated that its banking partner was the true lender of OppLoans, and that their relationship wasn’t a “rent-a-bank ruse.”

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    Coinbase rolls out refreshed direct-deposit feature

    The crypto exchange raised its ceiling on deposit limits, but the Clarity Act’s restrictions on passive stablecoin earnings may present a challenge.

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    The image by jpmueller99 is licensed under CC BY 2.0
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    Ohio’s Northwest Bank taps Wells Fargo alum as CIO

    Chad Ballard brings 25 years of IT experience to the $17 billion-asset Ohio-based bank.

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    Regions to pay DOJ $4.9M over PPP loan allegations

    Although it disagreed with the claims, the bank said it settled with the Justice Department this month “with the goal of closing this chapter and moving on.”

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    Chris Hondros via Getty Images
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    Goldman chief of staff to leave bank in June

    Russell Horwitz, a nearly two-decade alum of the bank, will become an advisory director once he departs, according to a memo.

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    Wells Fargo’s $85M ‘sham’ diversity settlement gets judge’s approval

    The bank a week earlier agreed to pay $110 million to resolve a class-action lawsuit related to similar issues.

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    Andrew Harnik / Staff via Getty Images
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    Fed, FDIC give green light to biggest US banks’ living wills

    JPMorgan Chase, Bank of America, Citi and Goldman Sachs, additionally, have “adequately addressed” shortcomings found in the banks’ previous emergency wind-down plans, the agencies said Friday.

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    Michael M. Santiago / Staff via Getty Images
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    Goldman Sachs to pay shareholders $500M in 1MDB settlement

    “The settlement ⁠is an outstanding result for the class,” attorneys for Sjunde AP-Fonden, a Swedish pension fund, wrote in the filing.

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    Mario Tama via Getty Images
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    Morgan Stanley exemption comes under fire

    Sen. Elizabeth Warren, D-MA, asked three regulators to revoke their approval of a Morgan Stanley restructuring, drawing parallels to scandals that engulfed JPMorgan Chase and Citi.

  • October 4, 2021 : People walk past the Standard Chartered Bank in Mong Kok, Kowloon, Hong Kong.
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    StanChart CEO apologizes over ‘lower-value human capital’ comment

    CEOs from JPMorgan Chase, HSBC and Barclays added their takes to polarizing remarks by StanChart chief Bill Winters, in explaining his bank's increasing embrace of AI.

    Updated May 22, 2026
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    CFPB erases pre-Trump 2.0 history

    The consumer watchdog eliminated dozens of press releases, speeches and public statements Tuesday, all of which were published before February 2025.