California Insurance Commissioner Ricardo Lara said on Feb. 13 that more than $6.9 billion has been paid to survivors of the state’s devastating wildfires that hit the Los Angeles area last month. ...
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The New York Stock Exchange is launching a new exchange, NYSE Texas. NYSE Texas is a fully electronic equities exchange that will be based in Dallas. Pending approvals, NYSE Chicago will reincorporat...
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The battle over the future of U.S. Steel escalated on Monday as activist investor Ancora Holdings Group LLC called for a major leadership shake-up following the collapse of the company’s proposed $1...
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A group of Republican senators, led by U.S. Sens. John Curtis (R-UT) and Kevin Cramer (R-ND), introduced legislation that seeks to prevent large banks from denying fair access to financial services to...
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The Federal Reserve Board released the hypothetical scenarios that will be used for its annual bank stress test. The stress test is designed to ensure that large banks can lend to households and bu...
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Legislation introduced by U.S. Sen. Mike Rounds (R-SD) would ease regulatory requirements on smaller banks and credit unions. The Taking Account of Institutions with Low Operation Risk (TAILOR) Ac...
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The Federal Deposit Insurance Corporation (FDIC) released 175 documents related to its supervision of banks involved in crypto-related activities. Acting FDIC Chairman Travis Hill directed staff to...
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ACNB Corp., the parent financial holding company of Pennsylvania-based ACNB Bank, completed its acquisition of Pennsylvania-based Traditions Bancorp and its wholly-owned subsidiary, Traditions Bank, o...
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The American Property Casualty Insurance Association (APCIA) outlined some of the impacts of President Donald Trumps proposal to increase tariffs on trade partners. On Tuesday, a 10 percent additio...
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New research has found that 90 percent of U.S. companies experienced some form of cyber fraud last year. In a new report titled Fraud in the Cyber Era: 2025 Fraud Trends and Insights from global f...
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