RBC says its focus on AI is paying dividends
Royal Bank of Canada is rolling out AI across its businesses in an effort to become more efficient and generate more revenues. The Toronto-based bank recently created an internal AI accelerator that directly reports to CEO Dave McKay.
Elavon’s new CEO gets set to go to work
U.S. Bank’s merchant acquiring group this week named Wally Mlynarski — formerly of Bank of America and a former executive at Evalon — to the top job as AI sweeps over the industry and with fintechs and traditional rivals ready to pounce.
FDIC Board of Directors Meeting
BOARD MEETING | MARCH 19, 2026 FDIC Board of Directors Meeting Today, the Federal Deposit Insurance Corporation’s Board of Directors met in open session to consider the following matters. Materials and information relative to the open Board actions are available on the Board Matters webpage. Items Addressed in Open Session: Notice of Proposed Rulemaking: Regulatory Capital […]
Inflation drives mortgage rates to 2026 high point
For the second week in a row, the 30-year fixed increased by 11 basis points, Freddie Mac found, a result of reaction to oil price hikes from the Iran conflict.
Lower is the target, and victim, in two new poaching suits
The Ohio-based lender is accusing Atlantic Coast Mortgage of stealing customers, while a Chicago bank is accusing Lower of raiding a Maryland branch.
Fewer buyers are interested in newly built homes
The pace of applications and closings on new construction fell from January, while the average loan size also declined, despite a period of lower rates.
Inside Coinbase Institutional’s ambition to bring its tech stack to banks
Brett Tejpaul, co-CEO of Coinbase Institutional, discussed how the crypto exchange plans to bring its trading infrastructure to more financial institutions.
FDIC opens failed bank auctions to private equity firms
The Federal Deposit Insurance Corp. rolled back a 2009 policy that banned nonbanks from buying failed banks, a move the agency says it aims to widen the bidder pool and cut failure costs.
The best week to sell your home in 2026
Two top housing platforms disagree on the best week to list in 2026, but both agree a rare window for sellers is opening this spring.
Basel, GSIB proposals lower bank capital across the board
Federal regulators issued proposals Thursday to implement the final elements of the Basel III accords, adjust the Global Systemically Important Bank surcharge and implement standardized approaches for risk-weighted assets. The changes would reduce capital requirements for banks of all sizes affected by the rules.