In today’s top news in digital-first banking, Michigan’s Flagstar Bancorp and New York Community Bancorp (NYCB) have inked a merger deal, while Brazil’s Nubank is said to be in talks to go public. Plus, J.P. Morgan Chase is reportedly making an actively managed bitcoin fund...
New York Metro-based New York Community Bancorp (NYCB) and Michigan’s Flagstar Bancorp have inked a merger agreement, the two banks announced in a Monday (April 26) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
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Paxos has initial approval to establish its own “de novo” or new national trust bank after being approved by the Office of the Comptroller of the Currency (OCC), according to a company blog post. Paxos will be the first cryptocurrency-native company to attain that status....
In today’s top news in digital-first banking, a former Barclays executive has been named to serve as head of Citi Commercial Bank (CCB), while the American Bankers Association is looking for more oversight of digital currency companies. Plus, ForwardAI has rolled out its ForwardAI Precise...
Tasnim Ghiawadwala has been named as head of Citi Commercial Bank (CCB). Ghiawadwala succeeds Sunil Garg, who was recently appointed to serve as Citibank, N.A.’s CEO and chair of the risk and controls project group of the firm’s transformation effort, according to an announcement from...
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In today’s top news in digital-first banking, Ally is collaborating with Microsoft to advance quantum computing’s role in the financial services sector, while Norway is looking into central bank digital currencies (CBDCs). Plus, Credit Suisse Group AG posted a 31 percent year-over-year rise in net...
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