What bank leaders can learn from an unlikely college football champion
There are qualities in people and organizations that experts, trying to predict future performance, routinely miss. That includes internal alignment of team members around a strong corporate culture.
Fed likely to keep rates steady as economy shows mixed signals
As the Federal Open Market Committee announces its near-term interest rate plans Wednesday, market watchers expect the central bank to hold interest rates steady as policymakers seek greater clarity on the health of the economy.
BOK counting on mortgage finance for a boost in 2026
The Tulsa, Oklahoma-based bank expects the pace of loan growth to quicken this year, driven in part by its nine-month-old warehouse lending business.
New York State introduces bill deeming EWA a loan
The bill, known as the STOP Act, was introduced by State Sen. Samra Brouk and Assemblymember Steven Raga, and proposes that any wage or cash advance be considered a loan and subject to the state’s 16% civil usury law.
Fraud courier sentenced for stealing millions from seniors
Prosecutors argued the 23-year-old courier knew he was aiding criminals, citing texts about “gold rushing” and scammer videos on his phone.
Synchrony says retailers would also be hurt by 10% rate cap
Merchants have mostly been silent on President Trump’s call for a cap on credit-card interest rates. But they’d take a “huge hit” under such a plan, Synchrony CEO Brian Doubles said Tuesday.
Former Citi exec alleges sexual harassment by wealth chief
Julia Carreon is suing the bank, alleging she suffered race and sex discrimination, including sexual harassment by Andy Sieg, the bank’s head of wealth management.
Judge blesses Fifth Third-Comerica deal, shuts down lawsuit
A Delaware judge denied HoldCo Asset Management’s emergency motion for a temporary restraining order to stop the deal from closing. Fifth Third plans to complete its purchase on Feb. 1.
Mastercard expands startup outreach to agentic AI firms
The card network’s Start Path engagement program is scouring the technology world for entrepreneurs working on the new form of artificial intelligence.
Banks’ myopic focus on stablecoin interest obscures a greater threat
The risk facing U.S. banks is not that stablecoins will suddenly siphon deposits through yield alone. It is that deposits will gradually follow utility as financial experiences improve elsewhere.