First Horizon CFO says loan growth is still difficult for regionals banks
CFO Hope Dmuchowski said investors are growing increasingly nervous about banks that expand their loan portfolios too quickly after the collapse of Silicon Valley Bank and other regional lenders last year.
Banks must look past their zero-sum mindset and embrace collaboration
Strategic alliances are a viable avenue leading to risk reduction and higher profits — provided that bankers can learn to embrace them.
How Google is accelerating Worldline’s push into AI
The payment company is working with Google Cloud to develop new forms of machine learning on a larger scale.
Capital One’s Fairbank, eyeing ‘holy grail,’ takes a calculated risk
The credit card lender’s blockbuster acquisition of Discover is not guaranteed to get across the finish line. But co-founder and CEO Richard Fairbank appears to see the rewards that would come from controlling a payments network as outweighing the potential downside.
Bank economists guardedly optimistic on business lending
The American Bankers Association’s latest credit conditions indices show that economists at major banks are feeling more confident about commercial lending in 2024 — but they stop far short of a ringing endorsement.
Will the Capital One-Discover deal stall Durbin’s interchange bill?
Some analysts said that the Capital One-Discover deal would undercut the reasoning behind the Credit Card Competition Act — authored by Sen. Dick Dubrin, D-Ill. — which aims to spur competition for Visa and Mastercard.
OCC’s Hsu proposes ‘tripwire’ approach to FSOC designations
Acting Comptroller Michael Hsu Wednesday suggested the Financial Stability Oversight Council adopt a “tripwire approach” for systemic risk assessment, using systemic risk metrics to advance designations.
The LockBit takedown is a victory, but it may be fleeting
Though law enforcement agencies in the U.S. and Europe gained valuable intel on ransomware groups, many believe the hackers are likely to regroup and rebrand.
How to apply for the Best Banks to Work For 2024
The application deadline for this annual ranking is May 12.
Navy Federal names next chief executive
The world’s largest credit union said that Dietrich Kuhlmann, a retired rear admiral and currently the institution’s chief operating officer, would succeed retiring CEO Mary McDuffie on March 1.