Browsing: Trust

Key insight: With a proposed rule, OCC is codifying non-fiduciary trust bank activities.Processing ContentSupporting data: Trusts hold $2 trillion in custody assets already.Forward look: The proposal…

Key insight: The OCC’s conditional approval of five crypto-focused national trust bank charters has spawned a debate over whether digital-asset custody and stablecoin-related activities fit within…

Key insight: The Office of the Comptroller of the Currency approved national trust charter applications for First National Digital Currency Bank, Ripple National Trust Bank, BitGo…

Key insight: Comptroller of the Currency Jonathan Gould says national trust banks have always been allowed to perform certain non-fiduciary functions and that custodying digital assets…

Key insight: Gould reiterated a view that fintechs and crypto firms seeking national trust charters is a positive sign for the banking industry because it will…

Key insight: ICBA says Bridge’s stablecoin plan violates historic scope of the trust charter.Supporting data: The industry group cites deposit-like business plans and the lack of…

The move restores Home Trust’s presence across the full lending spectrum, with Accelerator joining its existing lineup that includes Classic for alternative borrowers, EquityAccess for reverse…

Community Healthcare Trust (NYSE: CHCT) has a remarkable dividend-raising track record. The company has boosted its dividend every quarter since it began paying one in 2015.…

Nearly one-third of American adults now trust social media for financial advice: Why that’s a terrible idea Source link

Key insight: Banking sector voices warn fintech firms may be using national trust charters to gain access to banking privileges without full regulation or deposit insurance…