Press Release: FDIC Publishes Enforcement Orders for August 2025

PRESS RELEASE | SEPTEMBER 26, 2025 FDIC Publishes Enforcement Orders for August 2025 WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) today published a list of orders of administrative enforcement actions taken against banks and individuals in August 2025. There are no administrative hearings scheduled for October 2025. Consent Orders: GSL Savings Bank, Guttenberg, New […]

Banks are losing the fight for merchants’ business

Payment-focused fintechs are acquiring – and keeping – merchants’ business thanks to services such as fraud prevention, analytics financing and loyalty tools, according to Capgemini’s 2026 World Payments Report. If banks want to compete, they’ll need to change their game.

Goldman president criticizes barriers to migration amid H-1B row

Goldman Sachs Group Inc. President John Waldron criticized the growth of barriers to movement put up by countries around the world, amid rising concern among American firms about the Trump administration’s decision to charge $100,000 for a key type of visa.

CDFIs get a reprieve. Sort of.

The CDFI Fund is updating definitions of eligible activity to be considered for the funds, including removing climate-focused financing and references to race and ethnicity.

HSBC claims quantum edge in bond market

In what they claimed was a “world first,” HSBC and IBM used a quantum computer to improve their price predictions on the European corporate bond market.