President Joe Biden on Friday blitzed Nippon Steel Corp.’s proposed $14.9 billion bid to buy Pittsburgh-based US Steel Corp., calling the potential acquisition a threat to national security that cou...
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SouthState Corp. acquired Independent Bank Group and had merged with Independent Financial effective Jan. 1, the companies said Thursday. Independent Bank has merged into SouthState, making the tot...
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The board of the National Credit Union Administration (NCUA) approved an investment pilot program on Monday that would allow complex federal credit unions to invest in a series of non-registered inves...
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The California Department of Insurance (CDI) on Monday released the final Net Cost of Reinsurance in Ratemaking Regulation, which requires insurance companies for the first time to increase coverage i...
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Credit union loans increased 0.4 percent in October, according to America’s Credit Unions’ latest Monthly Credit Union Estimates. The 0.4 percent increase is that same as it was in September of...
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A newly proposed bill in Congress would modernize the deposit insurance framework for business payment accounts to better support America’s small businesses. U.S. Rep. Maxine Waters (D-CA), the t...
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The U.S. Department of the Treasury and the Internal Revenue Service (IRS) issued the final regulations for reporting requirements for DeFi brokers. DeFi brokers are front-end service providers int...
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The total number of loans now in forbearance increased to 0.50 percent at the end of November, according to the Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey. MBA estimates ...
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A group of U.S. Congress members urged the Federal Housing Finance Agency to direct Fannie Mae and Freddie Mac (the Enterprises) to establish a clearer process to report maintenance, safety and other ...
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The Federal Reserve Board will seek public comment on changes to improve the transparency of its bank stress tests and reduce the volatility of capital buffer requirements. The stress tests evaluat...
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