Chicago suburb sues Fifth Third for ex-mayor’s alleged theft
The Allegations Against Fifth Third Bank A Chicago suburb is taking legal action against Fifth Third Bank for allegedly enabling its former mayor, Tiffany Henyard, to steal $1.9 million in public funds. Between April 2022 and May 2023, Henyard, during her tenure as mayor of Dolton, Illinois, is accused of misappropriating village funds by cashing […]
Japanese app PayPay announces US IPO and Visa partnership | PaymentsSource
PayPay: A Dominant Player in Japan’s Fintech Landscape The fintech landscape in Japan has been dominated by PayPay, a mobile payments app, that has registered 72 million users out of the total 96 million smartphone users in the country. This means that about 75% of the smartphone users in Japan have registered with PayPay, as […]
Bucking a trend, one out-of-state bank will exit North Carolina
First National Corp. Plans to Exit North Carolina Amidst Boom in Banking Expansion First National Corp., a Virginia-based bank, is charting a singular course by planning to exit North Carolina at a time when other banking institutions are flocking to the state. The bank has already closed two loan production offices and announced plans to […]
Repeat of past mistakes fuels risk of new crisis
The 2008 Global Financial Crisis: A Lesson in Fading Memory and Rising Deregulation Less than two decades have passed since the global financial crisis of 2008 shook the world, yet it seems some of its crucial lessons are already being forgotten. This crisis, which saw the collapse of major financial institutions and resulted in a […]
Financial advisors on vinyl record collections as investments
While much of the music industry has struggled, vinyl record sales have surged, with 43.6 million EPs and LPs shipped in the U.S. last year, up from less than a million nearly two decades ago. Processing Content That renewed interest has helped push the value of some carefully curated collections into the six figures. But […]
Clear Street’s 350+ engineers may not be so rich after all
Clear Street IPO Postponed: What Happened to the Engineers? Bad luck to all the engineers over at Clear Street who were already planning how to spend their windfalls. Earlier this month, the “cloud native infrastructure technology firm” filed for an IPO that valued it at $1.05bn. It’s now postponed this after cutting the valuation by […]
RBI approves ICICI Group stake hike in eight banks
ICICI Bank Gets RBI Approval to Increase Shareholding in Eight Indian Banks ICICI Bank, one of the leading private sector banks in India, has received authorisation from the Reserve Bank of India (RBI) to increase its collective shareholding up to 9.95% in eight Indian banks, as reported by Retail Banker International. The stake acquisition must […]
Associate Bank Financial Advisor | Milwaukie, OR, USA
About the Role of an Associate Bank Financial Advisor at Wells Fargo Wells Fargo, a leading American multinational financial services company, is actively seeking to recruit an Associate Bank Financial Advisor (LO) to join its Wealth and Investment Management team, specifically as part of Wells Fargo Advisors. Those interested in this position can find more […]
Commercial Middle Market Banking Team Leader
Building a Relationship-Oriented Bank for the Modern World As we progress in this digital age, the banking world is rapidly evolving, and there’s a need for a new kind of financial institution that resonates with the modern client’s needs. At CIBC, we’re dedicated to creating a relationship-oriented bank that prioritizes the interests of our clients […]
Banking Analyst Graduate Program 2026 San Francisco
Unlocking a World of Career Opportunities in Investment Banking Investment banking is a field that offers broad exposure to a variety of clients, transactions, and specialist areas. Whether you’re a seasoned professional or a recent graduate, a career in investment banking can offer numerous growth and development opportunities. This article will delve into what it […]