Wise misses U.K. earnings estimates, plans U.S. listing
The U.K. fintech’s shares fell about 5% in London, partly due to international currency volatility. It hopes a U.S. listing will improve the company’s ability to raise capital.
Webster Financial hangs hat on HSA provisions in tax bill
A new federal law that decouples health savings accounts from high-deductible insurance plans is expected to be a tailwind for the Connecticut bank’s health care unit.
Investment banking drives strong Q2 for Texas Capital
The Dallas bank attributed its success in the second quarter to investment banking and trading fees. Executives continue to believe they will hit the bank’s target for improving a key profitability metric later this year.
Fed officials say inflation reports confirm tariff concerns
Monetary policymakers have held off on lower interest rates for months, citing the risk of tariff-induced inflation. Several now say this week’s CPI and PPI reports confirmed their suspicions.
The misplaced debate about interest-bearing stablecoins
Noelle Acheson points out that the GENIUS Act is right to ban interest on payment stablecoins, and suggests that the bigger debate should be around the current banking model.
Fee income growth drove strong Q2 for U.S. Bank
The Minneapolis-based regional bank also reported increased loans and lower operating expenses while credit quality held steady.
Citizens’ strong Q2 results driven by rising interest income
The Providence, Rhode Island-based bank’s net income was well above analysts’ estimates in the second quarter.
Is loan growth returning? Bank earnings reveal green shoots.
After the rapid rise of interest rates, election uncertainty and tariff policies stymied borrower demand, some banks’ second-quarter results suggest that loan growth may be on its way back.
Press Release: Agencies Issue Joint Proposal to Rescind 2023 Community Reinvestment Act Final Rule
PRESS RELEASE | JULY 16, 2025 Agencies Issue Joint Proposal to Rescind 2023 Community Reinvestment Act Final Rule WASHINGTON – Federal bank regulatory agencies today jointly issued a proposal to rescind the Community Reinvestment Act (CRA) final rule issued in October 2023 and replace it with the prior CRA regulations that were originally adopted by […]
Regulators begin process of undoing 2023 CRA rule
The Federal Reserve, Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency proposed a rule that would revert the anti-discrimination framework to its 1995 standards.