Pinnacle chooses new Midtown Atlanta HQ
Pinnacle Financial Partners’ headquarters is moving to a new 25-story office tower in Midtown Atlanta; New Jersey-based Provident Bank appoints Adriano Duarte to succeed Thomas Lyons as chief financial officer; Binance will shut down services for customers in France, Italy, Spain and Poland after the exchange withdrew its MiCA licence application in Greece; and more […]
New York’s top financial regulator zeroing in on agentic commerce
Speaking at the New York Federal Reserve’s Innovation Conference on Friday, New York Department of Financial Services acting Superintendent Kaitlin Asrow said the regulator was interested in maintaining long-standing consumer protections as AI adoption increases.
The next challenges behind real-time payments adoption
Banks face conceptual, operational and other hurdles that threaten further adoption of real-time payments.
California bank makes agribusiness push, defying wider trend
Five Star Bank near Sacramento plans to expand in Lodi, an agricultural hub in the Golden State’s Central Valley region. The lender’s growth push comes as the number of farm banks has been shrinking.
U.S. Bank takes a swing at automating health care payments
The bank is part of a trend of financial institutions trying to streamline a complicated industry that paper has dominated for years.
Stress testing the stress tests
U.S. banks have passed the Federal Reserve’s stress tests with flying colors, again. It makes you wonder if the stress tests are actually stressful enough.
New bill calls for GSEs to buy and securitize construction loans
The bill was one of three filed on Thursday aimed at reforming the two government-sponsored enterprises, all of them from Representative Scott Fitzgerald, a Wisconsin Republican.
Should advisors even care if SEC green-lights semiannual reporting?
Whether advisors choose individual stocks or not, the SEC’s proposal to allow semiannual reporting rather than quarterly could impact clients’ portfolios.
FDIC Publishes Enforcement Orders for May 2026
PRESS RELEASE | JUNE 26, 2026 FDIC Publishes Enforcement Orders for May 2026 WASHINGTON—The Federal Deposit Insurance Corporation (FDIC) today published a list of orders of administrative enforcement actions taken against banks and individuals in May 2026. There are no administrative hearings scheduled for July 2026. Order to Pay Civil Money Penalty: Alliance Community Bank, […]
How to win clients’ held-away assets without being pushy
Many clients avoid consolidating their assets at a single firm because they don’t want the hassle. Advisors say it’s important when to know not only when they’re most likely to want to move assets, but also what to say.