BancFirst Corporation is acquiring Spirit BankCorp and its subsidiary, SpiritBank, a community bank headquartered in Tulsa, Okla. SpiritBank has approximately $939.6 million in total assets, $618.4...
Read More
The Securities and Exchange Commission (SEC) recently appointed John Moses as the agency’s Office of Investor Education and Assistance director. The office provides services and resources to help in...
Read More
The Securities and Exchange Commission (SEC) is proposing to rescind Rules 611 and 610(e) of Regulation NMS, or Regulation of the National Market System. Rule 611 of Regulation NMS, adopted in 2005...
Read More
Citigroup recently launched an initiative that seeks to broadens access to private markets for both global issuers and investors. Citigroup’s launch of Digital Depositary Receipts on private sh...
Read More
U.S. Rep. David Kustoff (R-TN) introduced legislation that seeks to update the Internal Revenue Code to make digital assets treated the same as comparable financial instruments. The bill, H.R. 9176...
Read More
A new report from the NFIB has found that optimism in small business fell in May, and uncertainty amongst small business rose. According to the NFIB Small Business Economic Trends quarterly report...
Read More
The Conference of State Bank Supervisors (CSBS) has recommended changes to the Federal Deposit Insurance Corporation’s (FDIC) proposed rule to implement the GENIUS Act. In a comment letter to the...
Read More
The U.S. Department of the Treasury recently released its annual Social Security and Medicare trustees reports. The move followed a meeting of the Social Security and Medicare Boards of Trustees, and ...
Read More
Grandbridge Real Estate Capital, a wholly owned subsidiary of Truist Financial Corporation, announced an expansion of its commercial mortgage servicing capability with the launch of its Master Servici...
Read More
Bipartisan legislation recently introduced in the U.S. House of Representatives would allow eligible federal student loan borrowers to refinance their loans while remaining in the federal student loan...
Read More