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JPMorgan fined $125m for ‘widespread’ record-keeping failures

JPMorgan fined $125m for ‘widespread’ record-keeping failures

Guilty of longstanding failures to maintain and preserve communications documents, according to the regulator
Former SEC lawyer says existing law on crypto produces ‘wrong outcome’

Former SEC lawyer says existing law on crypto produces ‘wrong outcome’

Pressure to regulate the crypto market continues
Agile Assets: Digital Agility and the Evolution of Banking

Agile Assets: Digital Agility and the Evolution of Banking

There is a growing focus on the importance of business agility
Fed urges big banks to heed risk assessment following Archegos

Fed urges big banks to heed risk assessment following Archegos

US central bank’s review into the collapse of the hedge fudge could lead to further action, Fed warns
Fully regulated banks best serve stablecoin investors, according to the ABA

Fully regulated banks best serve stablecoin investors, according to the ABA

Roadmap on digital asset investment and regulation to be released next year
Banks crucial to small business capital formation, SEC data finds

Banks crucial to small business capital formation, SEC data finds

Small businesses rely heavily on loans or lines of credit for capital funding, research suggests
Regions Bank surpasses $12 million commitment to economic empowerment initiatives

Regions Bank surpasses $12 million commitment to economic empowerment initiatives

Funds support programs that promote financial inclusion and access to services
US Banks Continue to Decline in Number

US Banks Continue to Decline in Number

Assistant vice president of bank says decline is due to few new banks being chartered and increase in mergers
Valley Bank Names New President and First Farmers and Merchants Bank Appoints Chairman and CEO

Valley Bank Names New President and First Farmers and Merchants Bank Appoints Chairman and CEO

Plus: Regions Bank appoints financial services group leader
Acting Comptroller Encourages Banks to ‘Explore Opportunities’ of Special Purpose Credit Programs

Acting Comptroller Encourages Banks to ‘Explore Opportunities’ of Special Purpose Credit Programs

SPCP’s could help address racial and ethnic homeownership as well as wealth gaps
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