Second CFPB union member placed on administrative leave
Stephen Wheeler, a prominent Consumer Financial Protection Bureau union organizer, was placed on administrative leave as the agency investigates allegations it has not publicly disclosed.
Fed analysis shows return to stock-bond correlation of 1990s
After nearly two decades of positive correlation, the relationship between equities prices and bond yields has turned negative, the analysis finds, revealing a tricky dynamic for monetary policy.
New auto-loan volumes rise as credit standards weaken
New York Fed data shows a record $211 billion in car-loan originations during the second quarter. But median credit scores are falling, and delinquencies are rising, as lower-income consumers struggle to meet their obligations.
TRID review triggers battle over refi rescission rules
The Mortgage Bankers Association says the three-day post-close period is redundant, but consumer groups called it vital for borrowers and required by law.
When AI does entry-level work, how do rookies learn the ropes?
Companies need to find new ways of combining apprenticeships with AI model interactions for their newest employees, according to Carissa Robb, consultant and former TD Bank executive.
Strategic focus and disciplined execution drive top-performing banks
The joint American Banker-Capital Performance Group study of 2025’s top-performing banks reveals that for institutions under $2 billion of assets, success comes from a fee-income engine, a defensible lending niche and radical cost discipline.
It’s official (sort of): the bank branch is back
For the past three quarters, more bank branches have opened than closed. It’s a trend, though a slight one.
In reversal, banks now open more branches than they close
For the first time in 17 years, the number of U.S. bank branches is on a sustained rise.
Louisiana bank faces unusual limits on who it can lend to
First Guaranty in Hammond Louisiana agreed to a consent order with federal and state regulators that’s aimed at improving its credit quality.
As private markets go mainstream, can advisors keep up with due diligence?
With retail investors projected to allocate $2 trillion into private equity, credit and similar investments over the next five years, asset managers are increasingly acting as a bridge to previously exclusive opportunities.