OCC: Banks need strong controls when delegating to AI agents
The Office of the Comptroller of the Currency issued a new guidance telling bank examiners to apply existing supervisory standards to AI systems and to scale the level of scrutiny of a system to the potential consequences of its failure.
FDIC taking more piecemeal approach to bank failures
Banking scholars say the Federal Deposit Insurance Corp. is showing early signs of being more open to piecemeal sales of failed bank assets in recent years, a move that could reduce resolution costs in the long term.
How Huntington is turning employees into AI enthusiasts
Hackathons, ideathons and “Days of the Dead” help get reluctant staff more engaged in the technology.
Global Payments brushes off rumors it’s going private
Private equity firms are reportedly in talks to acquire Global Payments. CEO Cameron Bready declined to comment on those reports during Thursday’s earnings call.
Fed’s Hammack says restrictive rates needed to cool inflation
Investors see it likely the Fed will raise interest rates in December and again in March, according to pricing in futures contracts.
Press Release: FDIC Issues List of Banks Examined for CRA Compliance
PRESS RELEASE | NOVEMBER 5, 2026 FDIC Issues List of Banks Examined for CRA Compliance WASHINGTON—The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in August 2026. The CRA […]
HELOC originations up 20%: Lead with equity as refis stall
Home equity originations increased 10.1% year over year to 757,000 in Q2, with home equity line of credit originations rising 20.3%, according to TransUnion.
Machine-speed banking requires regulators who can keep up
The top Democrat on the House Financial Services Committee’s Financial Institutions subcommittee announces new legislation calling on the Federal Reserve to pilot a project allowing “real-time” regulation of banks.
Midterm drubbing may complicate GOP lame duck priorities
A tight timeline and narrowing margins will make final confirmations difficult and crypto legislation next to impossible to pass for the outgoing Republican majority before Democrats take control in January.
Lenders paint bleak picture of consumer credit in 3Q survey
Business conditions for consumer-credit firms deteriorated significantly during the third quarter, as higher interest rates left an imprint on funding costs and loan demand, according to new survey results.