Milestone Bank, based in Salt Lake City, Utah, announced Mark T. Yung as the bank’s new chairman, CEO and president. The bank said Yung would also serve as the CEO and Board Member of Milestone ...
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Michael Selig, chair of the Commodity Futures Trading Commission (CFTC), announced he is seeking nominations to fill vacancies on the organization’s Agricultural Advisory Committee. Selig also s...
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The Securities and Exchange Commission announced it is looking for candidates to fill vacancies on the agency’s Small Business Capital Formation Advisory Committee. The committee provides advice...
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A report from the American Banking Association has found that a proposed 10 percent federal credit card interest rate cap would reduce access to millions of American consumers. The analysis assess...
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The Securities and Exchange Commission has named J. Russell “Rusty” McGranahan as the SEC’s chief legal officer, or SEC general counsel. McGranahan will provide legal expertise and advice to...
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Legislation calling for transparency and reporting requirements when the federal government approaches statutory debt limits was introduced recently in the House. U.S. Rep. Lloyd Smucker (R-PA) in...
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Cincinnati-based Fifth Third and Dallas-based Comerica Incorporated announced they had received approval from the Federal Reserve System to combine. In a transaction that is expected to close on F...
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Michael Selig, chair of the Commodity Futures Trading Commission, launched the commission’s Innovation Advisory Committee (IAC) recently. The IAC was formed to gather expertise and recommendatio...
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U.S. Treasury Secretary Scott Bessent announced initiatives he said will strengthen and safeguard the financial system in Minnesota and prevent benefit fraud in that state. Bessent comes after Pre...
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A new report from the staff of the Security and Exchange Commission’s Office of the Advocate for Small Business Capital Formation (OASBCF) identified tools, strategies and approaches to increase the...
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Investing in a shifting economic landscape will create both new opportunities and heightened risk, a new report from Wilmington Trust said. Wilmington Trust released its Capital Markets Forecast (...
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The U.S. Department of Treasury and the Internal Revenue Service has issued guidance for taxpayers on the “No Tax on Car Loan Interest” provision enacted this year as part of the One, Big, Beautif...
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OceanFirst Financial Corp. announced recently it will merge with Flushing Financial Corp, in an all-stock transaction. OceanFirst is the holding company for OceanFirst Bank, while Flushing Financi...
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The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) announced a targeted operation along the country’s southwest border to thwart money laundering. The operatio...
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On Friday, the Federal Reserve Board requested input from the public on a “payment account” that eligible financial institutions could use to clear and settle their payments. According to the ...
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U.S. Reps. Mike Bost (R-IL) and Nikkie Budzinski (D-IL) introduced a bipartisan bill on Dec. 17 that would remove eligibility barriers to U.S. Department of Agriculture loans. The USDA Loan Moderniza...
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Mount Laurel, N.J.-based TD Bank announced on Wednesday it will consolidate its Mid-South Metro segment into newly defined regions to accelerate its growth and strengthen its market alignment. The Mi...
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The RSM US Middle Market Business Index rose in the fourth quarter amid rising revenues and earnings and reflects growing optimism among middle market firms, even as attitudes on the general economy r...
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The U.S. Treasury Department’s Office of Cybersecurity and Critical Infrastructure Protection (OCCIP) issued an advisory to consumers recently warning about a surge in cyber-enabled scams and online...
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Legislation proposed by U.S. Sens. Jerry Moran (R-KA) and Elissa Slotkin (D-MI) aims to identify and combat cryptocurrency fraud, the law makers said. The Strengthening Agency Frameworks for Enfor...
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