‘Significant work’ remains to harmonize cybersecurity rules: Watchdog
A report on efforts to deconflict federal cybersecurity regulations found the Treasury in particular has not completed its recommendations.
Banks consider merits of open-source and closed-source generative AI
Most banks are starting their generative AI experiments with closed-source models before progressing to open source. For some, the ultimate goal is to be model-agnostic.
How a background in sales led Darlene Pasquill to Wall Street: The Climb
Now the head of the Mizuho Americas’ equity division, Pasquill started her career selling textiles, industrial products, and medical equipment.
Gender-led investing funds grow in spite of attacks on ESG
Despite attacks on the broader ESG strategy, a narrow niche focused on women had a positive quarter.
Fast-growing Florida bank sets an expansive solar-lending goal
The 3-year-old Climate First in St. Petersburg appears primed to take its renewable energy lending nationwide now that it’s exiting the de novo phase.
How Google is battling Apple beyond mobile payments
By making it easier to enroll and access financial services such as buy now/pay later lending, the search giant hopes to enhance connections with users.
CFPB’s regulatory overreach is actively harming small businesses
Rather than fueling uncertainty, the Consumer Financial Protection Bureau should be devising strategies that facilitate clearer policies that bring more certainty to lending markets.
Hybrid work is here to stay. Here’s how to make the most of it.
Fifty-seven percent of financial services firms now operate on a hybrid basis, according to new research from American Banker. Some banks are finding ways to maximize the positive aspects and minimize the negative ones.
U.S. Bancorp splits new president’s former duties between two executives
A month after Gunjan Kedia was named the company’s president, the Minneapolis firm has promoted Stephen Philipson and Felicia La Forgia into new roles that will cover Kedia’s former duties.
CommunityAmerica Credit Union adopts new robo advisory tool
The Kansas financial institution is using Copper Financial’s Guided Investing product that matches members to pre-designed portfolios that suit their risk profile.