Comerica reduces 2025 guidance, may scale back investments

The Dallas-based regional bank doesn’t plan to halt in-progress investments, but it may adjust the pace of spending this year, depending on which way the economy goes. It also made downward revisions to its outlook for average loans, net interest income, fee income and expenses.

Judge blocks mass firing at CFPB

A federal judge issued an order blocking the Trump administration from firing hundreds of Consumer Financial Protection Bureau employees, saying agency leadership had ‘thumbed their noses’ at the court’s earlier injunction.

FDIC narrows bank resolution plan requirements

The FDIC has streamlined requirements for large banks’ emergency resolution plans, eliminating some costly strategies and offering more flexibility in light of 2023’s bank failures.