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FDIC Assumes Control of Silicon Valley Bank

FDIC Assumes Control of Silicon Valley Bank

Customers tried to withdraw $42 billion last week, leading to the bank’s insolvency
NY State Steps in to Shut Signature Bank

NY State Steps in to Shut Signature Bank

Other banks seek to reassure investors amid banking sector turmoil
Acting Comptroller of the Currency Michael J. Hsu

OCC Calls for International Cooperation on Crypto Rules

Acting comptroller Michael Hsu has endorsed Basel Committee proposals for prudential standards on crypto exposures
M&A Update: Fifth Third Buys Healthcare Fintech

M&A Update: Fifth Third Buys Healthcare Fintech

Plus: Shore United Bank gets green light for community bank purchase; LINKBANCORP to acquire Partners Bancorp
What Business Customers Want from Digital Payments

What Business Customers Want from Digital Payments

A new US Bank survey shows an acceleration of end customer demand for digital payments
CFPB Plots Clampdown on BNPL

CFPB Plots Clampdown on BNPL

‘Buy now, pay later’ products should be subject to the same rules as other forms of credit, says director Rohit Chopra
Crypto Companies Cutting Ties with Embattled Silvergate

Crypto Companies Cutting Ties with Embattled Silvergate

The California-based bank has delayed publishing its annual report as it assesses the damage from crypto market turmoil
Banks Face Scrutiny on Profits

Banks Face Scrutiny on Profits

Bankers are finding themselves in the same position as oil and gas companies in terms of scrutiny...
Supreme Court to Rule on CFPB Funding

Supreme Court to Rule on CFPB Funding

ABA welcomes move to resolve ‘longstanding questions’ over bureau’s funding model
Two Lenders Punished for Actions Against Veterans

Two Lenders Punished for Actions Against Veterans

Majestic Home Loans shut down and TitleMax fined for misleading military personnel and their families
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