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Metro Bank Restores Plan to Sell Mortgage Loans

Metro Bank Restores Plan to Sell Mortgage Loans

British bank expected to sell between £3 billion and £4 billion of loans to raise capital
Data and AI Driven Discussion July 24

Data and AI Driven Discussion July 24

Wednesday, July 24 at 11 am ET, Banking Exchange will host an online discussion
FinCEN Underestimates Community Banks’ Reporting Burden

FinCEN Underestimates Community Banks’ Reporting Burden

ICBA says rules for reporting suspicious activity reduces community bank’s ability to attract capital
Three-quarters of Americans Feel Financially Insecure

Three-quarters of Americans Feel Financially Insecure

Figures included 35% who believe they will never achieve financial security
Crypto-Friendly Bank Fined $63m

Crypto-Friendly Bank Fined $63m

Silvergate failed to monitor $1 trillion of transactions, according to SEC
UBS Completes Merger with Credit Suisse’s Swiss Operations

UBS Completes Merger with Credit Suisse’s Swiss Operations

Credit Suisse’s CEO will leave the firm following the merger
UK Credit Card Spending Hit Record High in December

UK Credit Card Spending Hit Record High in December

Customer spending has continued to rise, while repayments decline
Majority of Banks Fall Behind in Digital Transformation

Majority of Banks Fall Behind in Digital Transformation

Nearly one in six banks admit to lagging behind or working to catch up with digital transformation
Banks Revenue Increased by $4bn in Q1

Banks Revenue Increased by $4bn in Q1

Trading revenue of US banks reached $15.6 billion
All Banks Pass Stress Test But Vulnerabilities Remain

All Banks Pass Stress Test But Vulnerabilities Remain

Banks would lose nearly $685 billion in hypothetical scenario of extreme recession
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