As election nears, should investors reconsider Fannie Mae?
Election speculation about policy change at Fannie Mae has boosted its stock slightly this year. It’s also profitable, but there’s much more to consider.
The Home Loan banks are fulfilling the mission Congress gave them
Changes to the regulatory regime surrounding the Federal Home Loan banks should be carefully calibrated so as to do no damage to their successful support for housing and the provision of liquidity to members.
PayPal’s earnings show early results for strategic pivot
The payment company’s earnings beat analyst expectations, and new products are starting to bring in customers.
Renasant to acquire Mississippi bank for $1.2 billion
The buyer said the all-stock deal to buy The First Bancshares would create a combined bank with $25 billion of assets.
In calls for government reserve, bitcoin backers eye legitimacy
Sen. Cynthia Lummis announced a forthcoming bill that would require the government to hold 5% of the global bitcoin supply. Presidential candidates Donald Trump and Robert F. Kennedy Jr. have also called for strategic holdings of the cryptocurrency.
Live Oak Bank preps new banking-as-a-service initiative for expansion
The Wilmington, North Carolina-based institution is pursuing a model that cuts out the middleman and embeds its services directly into fintech partners’ platforms.
Wall Street banks amp up rate risk on preferred share sales
The Wall Street banks are reviving dormant formats to raise capital with a lot more duration than usual, playing into bets that the Federal Reserve is on the cusp of an easing cycle.
Stripe, Klarna attract investment in sign of payment sector’s recovery
New funding would increase valuations for both firms, reversing a slump that has impacted the entire industry for the past two years.
The CrowdStrike debacle shows it’s always time to plan for ‘next time’
Contingency planning always seems theoretical…until it isn’t. Planning for the unexpected can prepare you to serve customers well in times of crisis.
Five lessons for partner banks from the Synapse bankruptcy
Investing in data governance, compliance and staffing appropriately can help manage the risks of offering banking as a service, experts say.