The IMF is right about tokenization, but still misses the point
Tokenization is being adopted from within the system, not alongside it. It’s improving how markets operate by making settlements faster, increasing their mobility, boosting transparency and expanding access.
Berkshire’s dry powder is sending a message
Berkshire Hathaway is narrowing its bank exposure, and sitting on a mountain of money. That says something about the market.
Will Berkshire stay in bank stocks after Buffett’s exit?
Berkshire Hathaway’s banking-related investment strategy is murky, after the arrival of new leadership and the sale of its stakes in Visa and Mastercard.
Crypto still has a serious trust problem that companies must address
Consumers don’t mistrust crypto products because they don’t understand the technology behind them. They mistrust them because they have seen them fail under pressure. The path forward will be slow and incremental.
Press Release: Agencies Publish Resolution Plan Feedback Letters for Certain Domestic and Foreign Banking Organizations
PRESS RELEASE | MAY 22, 2026 Agencies Publish Resolution Plan Feedback Letters for Certain Domestic and Foreign Banking Organizations WASHINGTON—The Federal Deposit Insurance Corporation and the Federal Reserve Board today published feedback letters for several resolution plans submitted in July 2025. Resolution plans, also known as living wills, must describe a banking organization’s strategy for […]
Statement by Chairman Travis Hill on Title I Feedback Letters and Resolution-Related Reforms
STATEMENT | MAY 22, 2026 Statement by Chairman Travis Hill on Title I Feedback Letters and Resolution-Related Reforms Today, the FDIC and Federal Reserve Board announced the approval of joint agency feedback letters in response to the 2025 resolution plan submissions of the eight U.S. global systemically important banks (GSIBs) and 56 foreign-based firms. As […]
Amerant names new CEO, Illinois community banks agree to merge
Amerant Bancorp in Coral Gables, Florida, appointed Carlos Iafigliola its permanent president and CEO; Morton Community Bank in Illinois reached a deal to buy a three-branch franchise in the Land of Lincoln; Bank First in Manitowoc, Wisconsin, agreed to acquire PSB Holdings; and more in this week’s banking news roundup.
Press Release: FDIC Board Approves Proposal to Address Bank Secrecy Act and Sanctions Compliance Standards for FDIC-Supervised Permitted Payment Stablecoin Issuers
PRESS RELEASE | MAY 22, 2026 FDIC Board Approves Proposal to Address Bank Secrecy Act and Sanctions Compliance Standards for FDIC-Supervised Permitted Payment Stablecoin Issuers WASHINGTON—The Federal Deposit Insurance Corporation (FDIC) Board of Directors approved a notice of proposed rulemaking that would implement Bank Secrecy Act (BSA) and sanctions compliance standards applicable to FDIC-supervised permitted […]
Kevin Warsh sworn in as Federal Reserve Chair
President Donald Trump administered Federal Reserve Chair Kevin Warsh’s oath of office in a ceremony Friday morning. Warsh is expected to pursue changes at the central bank, including a push to reduce its $6.7 billion balance sheet.
As inflation rises, Fed’s Waller ready to drop ‘easing bias’
Federal Reserve Gov. Christopher Waller said in a speech Friday that he favors holding interest rates steady until energy prices fall, but noted that the central bank should be ready to hike rates if inflation gets too far out of hand.