China has reportedly closed almost 25% of its banks amid increased oversight of smaller lenders. The world’s second largest economy shuttered a record 670-plus banks...
The Federal Deposit Insurance Corporation has prevailed in a case stemming from Silicon Valley Bank’s collapse. As Reuters reported Monday (Aug. 31), a federal judge...
Lineage Bank, which was a partner bank for Synapse, the banking-as-a-service (BaaS) provider that went bankrupt in 2024, has reached a consent order with the Federal...
In 1996, Congress passed legislation requiring banking agencies to address unneeded regulatory burdens. Thirty years later, it is difficult to tell if the efforts behind...
Washington has decided that stablecoins are too significant, economically and systemically, to remain outside the regulatory perimeter. Now comes the rulemaking. With the GENIUS Act’s...
German digital bank N26 has chosen a chief executive amid new regulatory sanctions. Mike Dargan, currently group executive board member for UBS, will become N26’s...
Watch more: Monday Conversation With Michael J. Hsu Moving between the public and private sectors in banking and financial services is rarely straightforward. The objectives...
The banking system is “sound and resilient,” Federal Reserve Board Vice Chair for Supervision Michelle W. Bowman said Tuesday (Dec. 2). Bowman said this while...