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Plaid hires ex-FDIC chief Jelena McWilliams
The fintech’s CEO praised the incoming president of corporate and external affairs as a “consistent voice for transparency, consumer protection, and innovation” in a blog post Thursday.
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JPMorgan Chase to take over as Apple Card’s issuer
The largest U.S. bank will assume a $20 billion portfolio of Apple customers as Goldman Sachs extricates itself from consumer lending.
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Trump family’s crypto firm seeks bank charter
World Liberty Financial follows several other digital asset companies in pursuit of a national trust bank charter, regulated by the Office of the Comptroller of the Currency.
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Jefferies takes $30M loss over First Brands investment
“There clearly are lessons to be learned,” executives said of the auto parts supplier’s bankruptcy. The bank, however, saw a 20% surge in investment-banking revenue.
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4 banking trends to watch in 2026
This year is poised to show how far the groundwork laid in 2025 can carry the banking space – with regard to regulation, mergers and acquisitions, artificial intelligence and more.
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BofA sued over alleged Jan. 6 ‘surveillance’
Bank of America “data-mined” its customer base to identify anyone who used a BofA product in the Washington, D.C., metro area between Jan. 5 and Jan 7, 2021, a customer alleged.
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