A new report from HSBC Innovation Banking says the U.S. technology sector is entering the “agentic age” where artificial intelligence will redefine modern life. The report is the organization...
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The Consumer Financial Protection Bureau’s (CFPB) annual report on trends in the residential mortgage lending market showed a significant decline in mortgage lending activities in 2023. The repor...
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Several trade associations, along with the Managed Funds Association (MFA) have asked the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to extend a repor...
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The Securities and Exchange Commission (SEC) Director of the Division of Corporation Finance Erik Gerding is leaving the agency, effective Dec. 31. “I want to thank Erik for his leadership of the...
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Global financial services firm Cantor Fitzgerald, L.P. has been charged with making misleading statement to investors, according to the Securities and Exchange Commission. The SEC alleges the comp...
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The Mortgage Bankers Association (MBA) recently announced a proposal to develop a Ginnie Mae securitization to attract more private capital sources of liquidity in the event of a severe economic downt...
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Shareholders for WesBanco and Premier Financial overwhelmingly approved the previously announced merger of the two banks. The merger involves WesBanco, based in West Virginia, acquiring Premier, ba...
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The Consumer Bankers Association (CBA) is among a group of entities taking legal action against the Consumer Financial Protection Bureau's (CFPB) final rule on overdraft services. The American Ban...
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U.S. Sens. Ron Wyden (D-OR) and Elizabeth Warren (D-MA) are seeking information from TD Bank Group about a criminal conspiracy involving a fentanyl money laundering scheme. The criminal conspiracy ...
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The Securities and Exchange Commission (SEC) recently filed a complaint in the U.S. District Court for the Eastern District of New York against Ken Peterman, Comtech Telecommunications Corp.’s forme...
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