In traditional finance, custody is almost invisible. A custodian bank can hold trillions of dollars in securities, ensuring that ownership records are accurate and assets...
Most Main Street firms say they’ll make it through the next two years, but data suggest that optimism might be running ahead of reality. The...
Ohio’s Huntington Bancshares is reportedly acquiring Cadence Bank for $7.4 billion. That’s according to a report Monday (Oct. 27) by the Wall Street Journal (WSJ), which calls the all-stock deal the...
Watch more: Need To Know, Nova Credit, Misha Esipov For decades, credit bureaus have defined how lenders decide who deserves access to credit. But their...
One of the most compelling updates this week came from a Harvard Business Review article “Designing a Successful Agentic AI System.” Its authors argue that...
JPMorgan Chase reportedly plans to allow its institutional clients around the world to use their Bitcoin and Ether holdings as collateral for loans. The program...
Forget stablecoins. In the alphabet soup of digital assets, another term that has begun surfacing is tokenized deposits. Federal Reserve Governor Michael Barr on Thursday...
OpenAI is reportedly tapping Wall Street bankers to train its next generation of artificial intelligence models. According to Bloomberg, the company has hired more than...