Collapse of UK property lender sends shockwaves through Wall Street
The Collapse of Market Financial Solutions Major Wall Street lenders are trying to comprehend the potential losses linked to their loans to a UK-based mortgage provider, Market Financial Solutions (MFS), which collapsed abruptly due to allegations of fraud. This incident has once again raised concerns over the underwriting standards in the rapidly growing market for […]
DOL moves to undo stricter independence test for brokers
The definition of an “independent contractor” — long a political ping-pong ball — could bounce back in brokerage firms’ direction under a new federal proposal put forward this week. Processing Content Broker-dealers and groups representing them expressed tentative praise for a Department of Labor proposal that would simplify the criteria firms must use when determining […]
Washington’s FS Bancorp boosts Portland presence
FS Bancorp and Pacific West Announce Merger Mountlake Terrace, Washington-based FS Bancorp has recently reached an agreement to merge with West Linn, Oregon-based Pacific West in a deal worth approximately $34.6 million. The merger is expected to be finalized in the third quarter of this year, as reported by Banking Dive. Key Details of the […]
Banks need to rethink how they train staff to fight financial crime
The Evolution of Financial Crime and the Need for a Change in Approach Visualization created with AI assistance based on original reporting. Escalating Financial Crime: A Growing Threat for Banks Financial crime is evolving rapidly, surpassing the ability of financiers to combat it efficiently. The issue is not a lack of concern, but rather that […]
2026 Monroe Retail Banking Internship – Emerging Talent Summer Experience Program
Introduction to the 2026 Monroe Retail Banking Internship – Emerging Talent Summer Experience Program The 2026 Emerging Talent Summer Experience Internship at JPMorganChase Consumer and Community Banking is a golden opportunity for those aiming to step into the world of retail banking. This comprehensive program, starting from early June 2026 for a period of up […]
Book notes: Before the Fed: JP Morgan, America’s lender of last resort, by Jon Moen and Mary Tone Rodgers
In the intriguing book, Before the Fed: JP Morgan, America’s lender of last resort, economic historians Jon Moen and Mary Tone Rodgers take us back in time to the era before the establishment of the Federal Reserve. Published by Cambridge University Press in 2025, this 292-pages long narrative offers a comprehensive insight into the pivotal […]
Growth & Middle Market Technology Banking – Director, Relationship Manager
Mitsubishi UFJ Financial Group (MUFG): A Place to Make Your Voice Heard and Your Actions Count Does the idea of making a significant impact in one of the world’s leading financial groups sound appealing to you? If so, Mitsubishi UFJ Financial Group (MUFG) might be the perfect place for you. With a global team of […]
Advanced Technical Support Representative – Digital Banking
Join Jack Henry: A Beacon of Innovation in Financial Services At Jack Henry, we’re not just a technology company. We’re a driving force for good in the financial services industry. Our mission is to redefine how community banks and credit unions foster connections with the people they serve. Rooted in people-inspired innovation, we empower financial […]
FP’s February CE quiz available now to planners
Financial Planning’s February Continuing Education Quiz Financial Planning’s February continuing education quiz is now live for subscribers. Processing Content This month’s edition covers the seismic shifts in tax strategy following the passage of the One Big Beautiful Bill Act (OBBBA) and a record-breaking 157% surge in the precious metals markets. This month’s edition also covers […]
Junior bankers, bored of making PowerPoint slides for banks, can earn $380k+ at Anthropic
Anthropic: The Future-Proof Job Opportunity for Young Bankers If you’re a young banker tired of endless PowerPoint presentations and looking to futureproof yourself against potential apocalyptic scenarios, Anthropic has a unique opportunity for you. The firm is currently hiring for a presentations design lead position, focusing on the development of their AI agent Claude. The […]