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FNB Corp. Expands Capital Markets Capacity with Acquisition of Boutique Investment Bank

In a significant move to bolster its capital markets capabilities, Pittsburgh-based FNB Corp. has announced plans to acquire a 20-year-old boutique investment bank. This...

Receipes

Federal Reserve Scrutinizes Credit Markets Amid Economic Uncertainty

In the face of ongoing economic volatility, the Federal Reserve remains vigilant, closely monitoring credit markets to assess the stability and resilience of the...
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Fitness

Federal Reserve Ends Long-Running Enforcement Action Against Former Marathon Bank Employee

In a significant development, the Federal Reserve has officially ended an enforcement action against a former employee of The Marathon Bank in Winchester, Virginia,...

TD Bank’s Guilty Plea and the Road to Strengthened Anti-Money Laundering Efforts

Last fall, TD Bank found itself at the center of a major financial scandal when it pleaded guilty to criminal money-laundering conspiracy charges. As...

Jackie Reses Challenges the ‘Debanking’ Narrative at Fintech Summit

At a recent fintech summit, Jackie Reses, CEO of Lead Bank, sparked controversy by dismissing the notion of "debanking" as largely fictional. Her remarks...

End of an Era: NCUA to Discontinue Publishing Overdraft Data for Credit Unions

The National Credit Union Administration (NCUA), the federal agency that regulates and insures credit unions across the United States, has recently made a significant...

Michelle Bowman Poised to Lead Fed’s Bank Supervision Amid Questions of Political Independence

​In a significant development within the U.S. financial regulatory landscape, President Donald Trump has nominated Federal Reserve Governor Michelle Bowman to serve as the...

Gaming

Capital One–Discover Merger Clears Major Legal Hurdle, Moves Closer to Reality

The $35 billion merger between Capital One Financial Corp. and Discover Financial Services has taken a significant step forward, as the U.S. Department of...

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