Cincinnati’s First Financial strikes third deal in 13 months
The planned acquisition of Finward Bancorp would bolster the Ohio bank’s growing Chicago-area franchise, creating a platform big enough to support an organic buildout.
Three ways banks can defend themselves against the fintech charter boom
A surge in bank charter approvals for fintechs and crypto firms creates new risks for sponsor banks.
Senate Republicans release latest crypto bill language
Draft cryptocurrency market structure legislation published Wednesday includes an ethics agreement that falls short of what Senate Democrats want and stablecoin yield language that banks have already disavowed.
JPMorgan owns AI answers. Here’s how rivals can compete
A study of consumer-banking queries fielded by ChatGPT, Claude, Gemini, Perplexity and Google AI Overviews found the nation’s largest bank has nearly a third of the models’ mindshare.
Bank deregulatory bill passes House, goes to Senate
The package of banking measures will need 60 votes — including a number of Democrats — to pass the Senate on a tight timeframe ahead of November’s elections. But the bipartisan House vote signals that future work on the issues is possible.
The biggest risk facing digital assets is infrastructure concentration
As the regulatory landscape for digital assets becomes clearer, it is vital that stablecoin reserves, custody and settlement services, and the provision of liquidity not be concentrated within a small number of companies.
Inching our way toward the digital future
The DTCC piloted a tokenized version of its stock-settlement system. But the real future of trading has to involve currency, not just securities.
As the Fed rethinks its balance sheet, all eyes are on liabilities
The Federal Reserve is rethinking the size and scope of its holdings. Academics and industry analysts alike say liquidity reforms will be key to the process.
Capital One highlights Discover, Brex integration
Capital One Financial executives on Tuesday provided updates on the company’s integration of its recent acquisitions of Discover Financial Services and payments-focused fintech Brex.
Private assets in defined contribution plans could top $1T by 2030
A Deloitte analysis shows that alternative allocations — to private equity, private credit and other vehicles — in DC plans could grow quickly.