Safe Harbor pursues reverse stock split to avoid Nasdaq delisting
The marijuana fintech’s stock price has fallen in recent months amid regulatory uncertainty for cannabis financial services.
Texas judge denies CFPB motion to stay Comerica lawsuit
A Texas judge refused the Consumer Financial Protection Bureau’s effort to put a lawsuit on hold against Dallas-based Comerica Bank, claiming the stay would “harm Comerica’s reputation.”
How Lisa Florian rose through the ranks to become a CEO: The Climb
Florian, the CEO of $2 billion-asset Clearview Federal Credit Union, credits her career to a lifelong love of learning.
Bank stocks drop amid tariff confusion, recession fears
The KBW Nasdaq Bank Index is down more than 7% year to date. Analysts blame confusion caused by President Trump’s evolving tariff policies and heightened worries about an economic downturn that could hurt banks’ credit quality.
It’s time to stop the anti-stablecoin hysteria and embrace the future
Bipartisan legislation before Congress would create sensible regulation for stablecoins, opening a path to cementing the U.S. dollar’s status as the world’s most important currency.
‘Fintechs need to be doing more’: Nonbanks work on self-rule
The Coalition for Financial Ecosystem Standards, a fintech group co-founded by Sima Gandhi, is publishing guidelines for how banks and others can assess them.
Upstate New York bank to pay $29.5M to settle auto loan suit
Five Star Bank’s parent company denied wrongdoing but said the agreement spares it the uncertainty and expense that might have resulted from a trial.
Judge weighs how ‘normal’ the Trump CFPB transition is
In a packed courtroom, a federal judge parsed whether the Trump administration’s aggressive actions to rein in the Consumer Financial Protection Bureau are part of a “normal” transition of power or would impede its statutorily required functions.
Apply for 2025 The Most Powerful Women in Banking and Finance NEXT Ranking
Call for submissions for women 40 years and younger who are rising leaders at their bank or financial institution.
Warren scolds Fed for ‘lack of accountability’ on SVB execs
In a letter to Federal Reserve Chair Jerome Powell, Sen. Elizabeth Warren called on the Fed to impose penalties and sanctions on leaders of the failed bank.