Browsing: Banks

Horizon Bancorp in Michigan City, Indiana, plans to raise about $200 million in capital to fund a major balance sheet restructuring that would involve selling $1.6…

Comptroller of the Currency Jonathan Gould — serving as OCC General Counsel at the time — authored a 2021 interpretive letter allowing firms with national trust…

In Scott Simpson’s view, credit unions are under attack. And starting this fall, he’ll get the chance to defend them from his highest perch yet.On Nov.…

A former U.S. Bank employee who once spearheaded its AI initiatives is now suing the bank, claiming it discriminated against him, illegally fired him and defamed…

Who owns bank customers’ data? It’s a murky legal question, and answering it will determine the relationship between banks and fintechs in a future of open…

The Federal Reserve announced Friday the end of a program created in 2023 intended to supervise how banks use emerging technologies, echoing changing attitudes in Washington…

A page from an internal IBM training in 1979. For as long as artificial intelligence has existed, people have worried about its potential harms. In the…

Bank trade groups are asking a federal court to halt enforcement of the Consumer Financial Protection Bureau’s open banking rule and extend compliance dates while the…

SOPA Images/Photographer: SOPA Images/LightR When Evolve Bank & Trust announced Wednesday that its board had hired a new CEO, Robert Hartheimer, effective immediately, this was no…

A little more than a year after the Community Development Bankers Association and National Bankers Association launched an initiative to place deposits in mission-focused financial institutions,…