Miran cites ‘critical importance’ of Fed independence
Federal Reserve Gov. Stephen Miran sidestepped whether policy setting pressure from the administration is a welcomed development, but reiterated that he wants to avoid succumbing to “groupthink.”
FDIC eyes narrower supervision, dropping ‘reputation risk’
The Federal Deposit Insurance Corp. approved proposals Tuesday that would define “unsafe or unsound practices” and ban the use of “reputation risk” in supervisory exams.
The history of US banking is a story of innovation and reinvention
The demise of the banking industry in the U.S. has been incorrectly predicted for generations. The truth is that the industry never dies, because it never stands still.
The Most Powerful Women in Banking, No. 19, Jill Gateman, TD Bank
Commercial banking’s underserved segments—the upper middle market, for one—are creating new pathways for TD, and Gateman is running the ball.
The Most Powerful Women in Banking, No. 7, Holly O’Neill, Bank of America
In a career spanning three decades at Bank of America, O’Neill has risen from trainee to the head of all consumer banking. In the near term, she plans to open more branches and make better use of AI.
The Most Powerful Women in Banking, No. 3, Marianne Lake, JPMorganChase
The Most Powerful Women in Banking, No. 3, Marianne Lake, JPMorganChase
How Swift’s blockchain could boost bank stablecoins
The messaging service is building a network of banks to support the technology that underpins digital currencies. Technology experts say this “single location” concept encourages legacy institutions to adopt digital assets, but it’s just one of many options.
The Most Powerful Women in Banking, No. 22, Pam Habner, Citigroup
Under Habner’s leadership, Citi has become the third largest issuer in the U.S. general purpose credit card market.
The Most Powerful Women in Banking, No. 18, Hope Holding Bryant, First Citizens Bank
Led by Bryant, serendipitous high-stakes acquisitions and a commitment to niche markets have led to First Citizens Bank’s strong growth year-over-year.
The Most Powerful Women in Banking, No. 13, Jennifer Doyle, Wells Fargo
Doyle describes herself as naturally optimistic, even after being a passenger on the plane that crashed into the Hudson River in 2009.