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Trading revenue declined by $1.3 billion, down 15.5% on the previous quarter
Breaks 10-year trend as total assets grew to $468 trillion
Assistant vice president of bank says decline is due to few new banks being chartered and increase in mergers
Members say there are no upside risks to inflation
Money laundering and other types of financial crime have plagued the financial industry for years
Fed flags cybersecurity and operational resilience as priorities for large banks
Bank capital ratios remained well in excess of regulatory requirements finds Federal Reserve financial stability report
Changed circumstance remains a substantial, inherent compliance risk for lenders
Study from J.D Power reveals banks have made good after pandemic loan scrutiny
The lines between banks and banking are blurring more and more
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Dana Weinstein,
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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...