Working with the United Kingdom’s Foreign, Commonwealth, and Development Office (FCDO), the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and Financial Crimes Enforceme...
Read More
Financial services company Raymond James Financial Inc. announced on Oct. 14 it has acquired a majority stake in GreensLedge Holdings LLC, a boutique investment bank with strengths in structured credi...
Read More
The Federal Reserve Board announced on Oct. 9 it was expanding the operating days of two large-value payments services to Sundays and weekday holidays. Fedwire Funds Service and the National Settleme...
Read More
Telcoin, a blockchain-based financial services company, said on Tuesday it raised $25 million as it prepares to launch Telcoin Digital Asset Bank later this year. Telcoin said it is set to become the...
Read More
The Independent Community Bankers of America (ICBA) voiced their support for a bill that seeks to strengthen the deposit insurance system. The bipartisan bill, introduced by Sens. Bill Hagerty (R-TN)...
Read More
Seventy-four percent of homeowners plan to remain in their current home over the next two years, with 58 percent citing the rate on their existing loan influencing their decision not to sell, accordin...
Read More
The U.S Treasury’s Financial Crimes Enforcement Network (FinCEN) published new clarifications under the Bank Secrecy Act to help banks be more effective at combating illicit finance. The new clar...
Read More
The North American Blockchain Association (NABA) and the Blockchain Association (BA) are launching a strategic alliance to bridge state and federal stablecoin policy coordination. The partnership ...
Read More
Legislation to safeguard national security against some foreign investments passed the Senate Friday. The legislation, the Foreign Investment Guardrails to Help Thwart (FIGHT) China Act, would pro...
Read More
The Mortgage Bankers Association (MBA) Opens Doors Foundation (Opens Doors) has received $3.12 million in corporate and individual donations during its Annual Appeal fundraising campaign for fiscal ye...
Read More
U.S. Rep. Jason Smith (R-MO) is calling on the Internal Revenue Service (IRS) to revoke the tax-exempt status of multiple organizations for failing to operate within their stated tax-exempt purpose. ...
Read More
A new white paper from the Investment Company Institute (ICI) explores the operational considerations for launching an ETF share class within an existing mutual fund portfolio. The paper, ETF Shar...
Read More
The Public Company Accounting Oversight Board (PCAOB), a nonprofit corporation established by Congress to oversee the audits of public companies, recently settled a disciplinary order that sanctioned ...
Read More
The Independent Community Bankers of America is urging Congress to ensure legislation will prohibit digital asset exchanges and affiliates from paying interest or yield payments on stablecoins. IC...
Read More
The Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) proposed new rules on Oct. 7 that seek to focus supervision on material financial risks. The p...
Read More
A new report from the Conference of State Bank Supervisors shows that net interest margins have replaced regulatory burdens as the top external risk for community bankers. According to the 2025 CSBS ...
Read More
Intercontinental Exchange is making a $2 billion investment in Polymarket, the prediction market that tracks event probabilities across markets, politics, sport and culture. ICE will invest up to $2 ...
Read More
The U.S. Department of the Treasury recently appointed Derek Theurer to perform the duties of Treasury deputy secretary. “Derek’s leadership and sound counsel have been critical as the Treasury D...
Read More
Seventy-two percent of S&P 500 companies consider artificial intelligence (AI) as a material risk in their public disclosure, according to a recent report by The Conference Board, a nonpartisan th...
Read More
U.S. Treasury Secretary and Acting Commissioner of the Internal Revenue Service Scott Bessent said Frank Bisignano, Commissioner of the Social Security Administration, will take on the role of IRS Chi...
Read More