Behind the deal: PNC’s whirlwind $4.1B bid for FirstBank
The superregional bank inked its merger agreement with FirstBank just two weeks after it saw the first draft of the agreement.
Bessent: bank asset thresholds need a ‘substantial increase’
Treasury Secretary Scott Bessent Thursday said the bank asset thresholds that trigger enhanced prudential standards like stress testing and additional capital requirements require a recalibration to account for inflation.
Inside a Canadian stablecoin consortium
Canadian banks, financial institutions, fintechs and commerce companies have come together to develop a Canadian-dollar-backed stablecoin that is slated to go live in early 2026. The move comes as U.S.-based banks continue to evaluate their own participation in the post-GENIUS Act world.
As stablecoins proliferate, so will efficiency in the marketplace
Noelle Acheson argues that broad choice between stablecoins is good for users and for the ecosystem — and any confusion can be smoothed by technical and design solutions.
Pulte hints at how Fannie, Freddie may spur builder activity
President Trump wants the two government-sponsored loan buyers to help speed lower-cost home creation and their oversight agency’s director is following up.
Exclusive: Regulators move to ease banks’ SAR burden
A new interagency guidance clarifies when banks must report suspicious activity, easing compliance workloads and narrowing the reporting requirements to focus on higher-value cases.
The leaders who are making payments ‘invisible’
Fintechs and banks are rapidly placing checkout inside apps, e-commerce sites and travel services, standing on the shoulders of a new generation of artificial intelligence and data science to revolutionize customer experience. Some of the bank executives leading the charge spoke with American Banker about the innovation’s potential.
Activists urge Wells Fargo not to name Scharf chairman
The Accountability Board, a three-year-old-group focused on corporate governance issues, said the bank shouldn’t have backtracked on a longstanding policy separating the chairman and CEO roles.
North Dakota plans to issue its own stablecoin
The ‘Roughrider’ coin, which is scheduled to launch in early 2026, will be the first state stablecoin to launch on Fiserv’s digital asset platform.
Silver lining? Some fraud victims see credit scores rise: Fed
New Federal Reserve research reveals that identity theft victims who use extended fraud alerts often see significant and lasting credit improvements.