A U.S.-dollar-pegged stablecoin would supercharge banking and payments
A "true" stablecoin would benefit the economy by improving the money supply, facilitating frictionless payments and lowering the cost of...
archiveRegulation and compliance
A Utah bank is gone after 16 years of losses. Why did it survive so long?
The Federal Deposit Insurance Corp. issued orders against Liberty Bank in 2009 and 2017 before ordering a liquidation or sale...
8 of the biggest issues facing the banking industry today
Enjoy complimentary access to top ideas and insights — selected by our editors. From cybersecurity crises to potential mergers that...
U.S. Bancorp sheds consent order inherited from Union Bank
Enjoy complimentary access to top ideas and insights — selected by our editors. U.S. Bancorp made an $8 billion deal...
Dutch neobank bunq withdraws application for U.S. banking charter
Michael Hsu hasn't approved any fintech applications for national bank charters since becoming acting comptroller of the currency in 2021....
Four crypto developments to watch for in 2024
Chris Ratcliffe/Bloomberg After the spectacular collapse of the FTX crypto exchange at the end of 2022 and the legal and...
Basel III endgame: 5 things to watch in 2024
Michael Barr, vice chair for supervision at the Federal Reserve, left, shakes hands with Martin Gruenberg, chair of the Federal...
U.S. Bank ordered to pay $36 million for COVID-era benefits issues
The Consumer Financial Protection Bureau and Office of the Comptroller of the Currency Tuesday fined U.S. Bank a combined $36...
Big banks fret over capital disparities between U.S., U.K. Basel proposals
The Bank of England has issued a "near-final" proposal to implement the final parts of the Basel III accords that...
CDFI drops Change Lending amid questions over originations
Non-bank originator Change Lending has apparently lost a certification by the U.S. Treasury Department to issue non-qualified mortgages for underserved...
