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Retail banks struggling to support customers as inflation rises

Retail banks struggling to support customers as inflation rises

Retail banks score lower among customers for helping them save money or time
Stablecoins need regulatory ‘architecture’ to avoid consumer harm

Stablecoins need regulatory ‘architecture’ to avoid consumer harm

Acting comptroller of the currency Michael Hsu called for ‘stability’ and ‘interoperability’
US banks oppose expansion of credit union charter

US banks oppose expansion of credit union charter

Letter on behalf of bankers’ associations across the US write to Congress regarding HR 7003
Banking Software Market to Grow by $3B by 2025, Research Finds

Banking Software Market to Grow by $3B by 2025, Research Finds

Third-party providers of software will experience a significant increase in interest in their services, according to market research
Six Former Bank Employees Banned over Covid Loan Fraud

Six Former Bank Employees Banned over Covid Loan Fraud

Four Regions Bank and two Merrill Lynch Wealth Management workers cannot return to the industry after combined near-$90k coronavirus loans fraud
National Bank Acquires Bank of Jackson Hole

National Bank Acquires Bank of Jackson Hole

The strategic purchase serves to accelerate the company’s growth in the lucrative Rocky Mountains region
Appointments: New Ops Chief for Ponce Bank; Esch Takes Helm at First Financial

Appointments: New Ops Chief for Ponce Bank; Esch Takes Helm at First Financial

Plus: Promotions and new presidents at Surrey Bancorp and Embassy National Bank
OCC Chief Warns on Tail Risk Correlation, Recession

OCC Chief Warns on Tail Risk Correlation, Recession

Russia-Ukraine war has shown tail risks are not independent of each other, Michael Hsu warns
Banking Deals Close as Financial Year-End Looms

Banking Deals Close as Financial Year-End Looms

Needham Bank acquires Cannabis Banking, while merger completion date announced by Citizens Financial Group and Investors Bancorp
FDIC Drafts Principles for Climate-Related Risk Management

FDIC Drafts Principles for Climate-Related Risk Management

Public comments are requested regarding the proposed statement of principles
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