U.S. Sen. Elizabeth Warren (D-MA) raised regulatory concerns about Citigroup’s potential acquisition plans. In late March, Bloomberg reported that Citi executives were hopeful to complete a major...
Read More
The Securities and Exchange Commission (SEC) launched the Retail Fraud Working Group on Tuesday. "This new working group reflects our commitment to protect investors from fraud and is a return to t...
Read More
The Federal Reserve Board is seeking feedback on a proposal to amend its requirements for banks to maintain anti-money laundering programs. The proposed amendments are intended to align with change...
Read More
U.S. Bank launched a new product called Enhanced Payments, which is a bundled solution that helps small business owners move money quickly and more affordably. The Enhanced Payments tool allows cus...
Read More
On Tuesday, the Commodity Futures Trading Commission announced fraud charges against a North Carolina man and his company. Trevor Vernon and his company Argent Capital Management LLC, out of Frank...
Read More
PNC Bank is realigning its Florida markets, as it plans to add nearly 100 new branches statewide by 2030. It is part of a $2 billion investment to expand and modernize its branch network in key U.S...
Read More
The Managed Funds Association (MFA) is urging the Securities and Exchange Commission (SEC) to reconsider its proposal to allow public companies to release earnings reports semiannually rather than qua...
Read More
The Securities and Exchange Commission (SEC) recently appointed Paul Knight as chief operating officer. “I am delighted to welcome Paul Knight back to the SEC,” SEC Chairman Paul Atkins said. ...
Read More
The U.S. Small Business Administration (SBA) and the U.S. Department of Agriculture (USDA) recently signed a memorandum of understanding to provide farmers, ranchers, rural communities and small busin...
Read More
A bill that encourages the Internal Revenue Service (IRS) to use AI tools to detect tax fraud was passed by the House Ways and Means Committee on July 1. The AI Tax Integrity Act of 2026 (H.R. 9501...
Read More