Pulte pushes Fannie, Freddie to count crypto assets
The regulator and conservator of two influential loan buyers with government ties is considering digital currency’s increased use in qualifying borrowers.
SoFi announces crypto and remittance offerings
The digital bank is returning to crypto trading, a service it first offered in 2019 but had to shelve due to regulatory compliance concerns.
Bank denies targeting gunmakers in Texas dispute
The Texas attorney general has accused WEX Bank of “debanking” a firearm supplier, but the Maine-based bank said it does not discriminate against any industry.
Press Release: Agencies Release List of Distressed or Underserved Nonmetropolitan Middle-Income Geographies
PRESS RELEASE | JUNE 25, 2025 Agencies Release List of Distressed or Underserved Nonmetropolitan Middle-Income Geographies WASHINGTON – Federal bank regulatory agencies today released the 2025 list of distressed or underserved nonmetropolitan middle-income geographies where certain bank activities are eligible for Community Reinvestment Act (CRA) credit. Under the CRA, the agencies assess a bank’s record […]
Chicago bank’s failure marks the costliest since 2019
Pulaski Savings Bank’s failure will cost the FDIC’s Deposit Insurance Fund 57.6% of its total assets.
Worldline accused of serving sketchy firms, laundering money
Der Spiegel and other European publications say the company continued to serve porn sites and money launderers even after regulators cracked down on it.
SLR proposal gives GSIBs a capital break, keeps Treasuries
Regulators proposed a rule to replace the 2% enhanced supplementary leverage ratio with a capital charge equal to half of a bank’s global systemically important bank surcharge. Low-risk assets will continue to count toward leverage requirements under the proposal.
Santander to sell 7 branches to Community Bank in Syracuse
The pending sale of the branches in eastern Pennsylvania to a central New York-based bank comes amid Santander’s planned closure of 18 branches this summer and its continued focus on building out a national digital bank.
FedNow boosts real-time limit; Klarna adds Google Pay
The government’s instant processing rail hopes to enable new use cases, while Klarna adds to its network.
Powell says Fed will revisit Basel III capital rules
As the Federal Reserve considers changes to the supplemental leverage ratio, Fed Board chair Jerome Powell said that effort is one piece of a broader deregulation package that will also address the Basel III capital rules.