Holiday spending outlook upbeat despite consumer strain
Tariffs and inflation are pressuring consumers’ wallets, but that’s not deterring them from spending. It is pushing purchases earlier into the shopping season.
The US bank chartering system is hopelessly behind the times
The binary charter rules that separate banks and nonbanks are no longer fit for purpose in a financial services industry where a broad array of companies offer banklike services. A new set of diverse charters is needed.
Regulatory proposals would loosen the ties between credit and payments
Noelle Acheson looks at recent proposals to allow payment institutions access to central bank liquidity, and what this could mean for both banking and economic resilience.
Comptroller Gould talks supervision, national trust charters
Comptroller of the Currency Jonathan Gould said in an exclusive interview with American Banker Monday that regulators must bring more new entrants into the banking industry, establish a level playing field between banks and fintechs, and shore up supervision amid mounting legal scrutiny.
Revolut valued at $75 billion as Nvidia joins share sale
The U.K. neobank received an investment from the AI giant as the fintech aims to globally expand and acquire a U.S. banking license.
Fulton to acquire money-losing New Jersey bank for $243M
Lancaster, Pennsylvania-based Fulton Financial said Monday it will pay $243 million in stock for Blue Foundry Bancorp, which has lost more than $20 million since converting to a public company in 2021.
GOP reps. push banking regulators to ease rules for midsize banks
GOP lawmakers say current thresholds subject regional lenders to overly stringent oversight designed for Wall Street giants
Fintech Green Dot strikes deal to sell itself in two pieces
Eight months after Green Dot embarked on a review of its strategic alternatives, the fintech said it will sell its banking operations to CommerceOne Financial and sell its fintech platform to Smith Ventures. Both buyers are linked to Alabama businessman Bill Smith.
Citi is laying plans for crypto supremacy
The New York bank already offers tokenized deposits, which allows global clients to move money around the world instantly, and it’s building a crypto custody platform.
Press Release: FDIC Appoints Dana T. Wade as Deputy to the Chairman and Chief of Staff
PRESS RELEASE | NOVEMBER 24, 2025 FDIC Appoints Dana T. Wade as Deputy to the Chairman and Chief of Staff WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) today announced its Board of Directors has approved the appointment of Dana T. Wade as Deputy to the Chairman and Chief of Staff. In this role, Ms. […]