Old National on track to close CapStar deal, expand in Nashville
The Indiana bank is “on offense by continuing to invest in new client-facing and key support talent and being ready and opportunistic for acquisitions,” CEO Jim Ryan says.
Goldman Sachs’ new retirement head focusing on savings puzzle
Greg Wilson of the Wall Street giant’s Asset & Wealth Management unit wants to provide employees with tailored plans using a blend of technology and personal financial coaching.
Banning medical debt from credit reports will benefit everyone
The CFPB is well within its authority to make these changes, which will increase the availability of credit to many Americans.
Why the venture capital forecast looks brighter for payments firms
Fintechs’ venture capital funding began to evaporate last year, while payments startups fared somewhat better by emphasizing quicker pathways to profits. It’s a trend experts say is likely to persist this year as investors remain more cautious about costly or long-term plays.
I was a Fortune 500 treasurer; to me, the Basel endgame looks ominous
The former treasurer of FMC Corp. worries that the proposed new capital rules will translate into higher costs for corporate borrowers and reduced access to key types of financing options.
Bank of America, U.S. Bank fight back against ‘Right to Gripe’ suits
Plaintiffs’ lawyers are targeting various companies in connection with a California law that ensures customers can air grievances publicly without the threat of retribution. BofA and U.S. Bank say the suits against them are meritless.
Consumer spending behind Fannie’s change on recession
Its January forecast reverses the call first made in April 2022 that the U.S. economy would slip into an extended downturn.
Call summaries, copilots, cores: Use cases for generative AI
Mike Abbott, global banking lead at Accenture, shared where he sees banks using the technology most effectively in the year ahead.
Truist, Fifth Third add to bank bond spree with $4.5 billion
Financial institutions, led by the biggest U.S. banks and regional lenders, have dominated high-grade issuance, making up over 60% of the $149 billion that has priced so far this month.
Why spot bitcoin ETFs are unlikely to entice banks toward crypto
Comments from SEC Chair Gary Gensler and market fundamentals have created ample reason for banks to stay away from crypto, despite early bird upsides.