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ChoiceOne Bank hires CFO

ChoiceOne Bank hires CFO

First Republic Bank, 1st Security Bank and KodyPay have also announced senior hires
Credit Unions and Crypto-Assets

Credit Unions and Crypto-Assets

Bloomberg reported that credit unions are seeking the ability to hold crypto-assets directly
Morgan Stanley launches education and career equity initiative

Morgan Stanley launches education and career equity initiative

The bank has dedicated $20 million to initiative which seeks to address systemic inequities in education and career outcomes
BMO to acquire Bank of the West for $16.3bn

BMO to acquire Bank of the West for $16.3bn

BNP Paribas subsidiary will add $56 billion of loans and $89 billion in deposits to BMO
Capital One comes on top for customer satisfaction for second consecutive year

Capital One comes on top for customer satisfaction for second consecutive year

Virginia-based bank surpassed industry average score, but four US banks fall short
US commercial banks’ revenue down 15.5% in Q3

US commercial banks’ revenue down 15.5% in Q3

Trading revenue declined by $1.3 billion, down 15.5% on the previous quarter
Banking sector growth beats out NBFIs in 2020

Banking sector growth beats out NBFIs in 2020

Breaks 10-year trend as total assets grew to $468 trillion
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
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Dana Weinstein is Head of Product at Tesser, bringing eight years of experience building payments products across US domestic and cross-border rails.

She launched Visa Direct Payouts, architecting a payout capability that now reaches 11 billion endpoints across cards, accounts, and digital wallets...