These bank CEOs got the biggest pay raises last year
The leaders that saw their salaries skyrocket the most in 2024 had also gotten pay cuts in the prior year.
Philadelphia-area credit union seizes on SBA for relevance
Citadel Credit Union is joining the small cadre of credit unions active in the Small Business Administration’s biggest loan program as it seeks to expand in its small-business-rich footprint.
Trustmark gets early exit from redlining consent order
Regulators say the Mississippi-based depository satisfied the terms of the $5 million settlement it reached with Biden administration officials in 2021.
Circle’s IPO moves ahead, ending sale speculation
The stablecoin issuer has kicked off its initial public offering after reportedly delaying it due to macroeconomic uncertainty caused by Trump’s tariff plans last month. It first filed its S-1 with the Securities and Exchange Commission in April.
Stress-test suit pause lets all sides fight another day
The Federal Reserve and several industry groups agreed to put an indefinite stay on their legal fight over the annual examination process.
United Bankers Bank brings real-time payments to small banks
As real-time payments become more common, UBB’s partnership with fintech Pidgin offers a roadmap for smaller banks to stay relevant.
CFPB backs off Mr. Cooper ‘junk fee’ lawsuit
The regulator says its prior amicus brief, which cited the Fair Debt Collection Practices Act and sided with borrowers, was no longer valid.
Trump’s CFPB reverses course on 1033 open banking rule
Agency lawyers called the rule, which was almost a decade in the making, “unlawful” in a court filing.
From bar brawls to corner offices: Lessons for managers
What does a movie about managing an unruly honky-tonk bar have to do with banking? When it comes to setting examples for corporate culture, maybe a lot more than you think.
Global Payments’ Worldpay offers stablecoin payouts using Circle
Infrastructure provider BVNK will enable the new stablecoin offering and crypto firm Fireblocks’ integration services will help facilitate the connection to Worldpay.