Fed’s Bowman, community bank CEOs press for tailoring
Community Bank CEOs Push for Tailored Regulation at Federal Reserve Conference Community bank CEOs expressed concerns about regulatory “scope creep” at a Federal Reserve conference, highlighting the need for tailored regulations that cater to the unique needs of small institutions and do not impose the same standards as those applied to larger banks. This sentiment […]
Book notes: Bankers’ trust: how social relations avert global financial collapse, by Aditi Sahasrabuddhe
Review of Aditi Sahasrabuddhe’s ‘Bankers’ Trust: How Social Relations Avert Global Financial Collapse’ Renowned author Aditi Sahasrabuddhe has made a remarkable addition to the existing literature on financial crises with her insightful book, ‘Bankers’ Trust: How Social Relations Avert Global Financial Collapse’. Published by Cornell University Press in 2025, the book’s 228 pages delve into […]
Account Manager, Banking | Houston, TX, USA
About Northern Trust: A Leading Financial Institution Northern Trust is a globally recognized, award-winning financial institution that has operated continuously since 1889. This Fortune 500 company is known for its commitment to providing innovative financial services and guidance to the world’s most successful individuals, families, and institutions. The organization prides itself on its enduring principles […]
Revolut gains licence to establish banking operations in Colombia
Revolut Granted Approval to Begin Banking Operations in Colombia Revolut, the UK-based fintech giant, has been granted approval by the Superintendencia Financiera de Colombia (SFC) to establish its banking operations in Colombia. The authorization signifies a significant step towards the transformation of the financial landscape in the Latin American country. Revolut has allocated an initial […]
Banking Day
ANZ Proposes Record Misconduct Penalty with ASIC The Australia and New Zealand Banking Group (ANZ) has agreed with the Australian Securities and Investments Commission (ASIC) to propose a combined penalty of $240 million in connection with four separate incidents of misconduct. This proposal marks the largest penalty ever secured by ASIC against a single entity. […]
Creative Planning to more than double AUM with SageView deal
The RIA giant Creative Planning is acquiring SageView Advisory Group in a deal set to bolster its expertise in retirement planning and more than double its assets under management. Overland Park, Kansas-based Creative Planning announced Thursday that it was buying SageView, a Newport Beach, California-based firm managing roughly $250 billion in client assets and 36 […]
Debanking doesn’t belong in CRA examinations
To the editor: At some point in the near future, I hope I learn not to open the American Banker app on my iPad with coffee in my mouth. If it’s not an article about the Consumer Financial Protection Bureau looking for reasons not to supervise the sector of the industry that is evolving the […]
Weak dollar mitigated April tariff shocks – BIS’s Maechler
The Influence of US Tariffs on Global Economy The impact of US tariffs on the world economy has long been a subject of debate among economists and policy makers. Recently, Andréa Maechler, the deputy general manager of the Bank for International Settlements, made a statement suggesting that the effects of these tariffs were relatively short-lived. […]
Citizens looks beyond loans in effort to tap student market
Citizens Financial Group Introduces Digital Student Banking Center Citizens Financial Group, a prominent regional bank based in Providence, Rhode Island, has taken a significant step towards the optimization of its relationship-focused strategy. The company, with a total asset of $218.3 billion, has unveiled an innovative online student banking center. This center aims to provide comprehensive […]
Product Associate, Banking Services | Newport, KY, USA
Discover a Bright Future in Banking with Fifth Third Bank Fifth Third Bank, a leading financial institution in the United States, is not just another bank. They believe in a philosophy of making banking a ‘Fifth Third better®’. Dedicated to the prosperity of their customers and employees alike, they strive to connect great people to […]