The U.S. Small Business Administration (SBA) announced it would hold a national competition for $6 million in grant funding. The competition is part of a new Women’s Business Center (WBC) Modern...
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Augustus has raised $180 million in new funding, pushing the financial technology company to a $1 billion valuation as it expands its effort to help banks and financial institutions around the world a...
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The majority of institutional investors, 88 percent, and 81 percent of Registered Investment Advisers (RIAs) say private credit is an important source of income and diversification within portfolios, ...
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Fintech company Upstart Holdings said on July 23 that it received conditional approval from the Office of the Comptroller of the Currency (OCC) to establish Upstart Bank, N.A. The charter wou...
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Gesa Credit Union based in Richland, Wash., said on July 21 it is acquiring the Willamette Valley Bank and its parent company, Oregon Bancorp, Inc. Under the agreement, Gesa would acquire sub...
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The U.S. House of Representatives on Tuesday passed the Main Street Capital Access Act, which adopts new banking regulations designed to help community banks. According to a bill summary, the legisla...
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U.S. Reps. French Hill (R-AR), chair of the House Committee on Financial Services, and Dan Meuser (R-PA), chair of the Oversight & Investigations Subcommittee, released a new report aimed at confr...
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The Securities Industry and Financial Markets Association's (SIFMA) Economist Council released its semiannual survey findings Tuesday, projecting fourth quarter GDP growth of 2.2% for 2026 before easi...
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North Carolina-based Truist Financial Corp. recently announced Shimna Sameer has been named as head of Truist Wealth, effective in October. Truist Wealth provides wealth management solutions to afflu...
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The Public Company Accounting Oversight Board (PCAOB), a nonprofit corporation established by Congress to oversee the audits of public companies, is seeking public comment on its draft 2026-2030 strat...
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