Browsing: banking

Key insight: Dean Bass, who built and sold two Houston community banks over a 50-year banking career, is planning to take the reins of a third. Processing…

Key insights: Revolut is aggressively expanding in the U.S., with plans to invest $500 million in the U.S. over the next few years. Last week, the…

Key insights: The war in Iran is threatening oil shipping, which could boost inflation and impact the banking industry. What’s at stake: Higher prices could impact consumer…

Visualization created with AI assistance based on original reporting. Processing ContentKey insight: A bank branch with a negative work environment will see less “discretionary effort” by…

Policymakers in Washington have rarely been as aligned with the banking industry as they will be for the next year or two. Bankers should use this…

Look to the Caribbean for an unsung bank play that offers a combination of upside potential and income, according to Bank of America. The firm upgraded…

Key insights: Buy now/pay later lender Affirm submitted applications to the Federal Deposit Insurance Corp. and the Nevada Financial Institutions Division to create Affirm Bank. What’s at…

Key insight: Monzo fixed the core issue but has not yet disclosed the specific root cause of the platform failure.Key insight: A “back-up bank” system allowed…

Key insight: President Donald Trump’s crypto firm World Liberty Financial is asking the Office of the Comptroller of the Currency for a national trust bank charter,…

STEPHEN HILGER/BLOOMBERG NEWS Processing ContentKey Insight: The central bank will accept pennies from banks and credit unions at all commercial distribution centers after ceasing to accept…