Claudia Buch says the lack of harmonized bank mergers rules at the national level is creating obstacles for the creation of cross-border bank entities
With 91% valuing reward programs, 63% would be disappointed to lose them to regulation
Congressman Andy Barr argues the rule will hurt community and regional banks' ability to merge and may increase consolidation by limiting competition
“The economy is facing considerable turbulence..."
The OCC was hacked in 2023
Banks and financial institutions in the U.S. continue to face significant challenges in order to remain competitive
Banking leaders must prioritize strategic technology investments that drive operational efficiencies, enhance customer experiences, and ensure regulatory compliance
Despite 96% of banks reporting confidence in meeting compliance deadlines, many still face barriers
The White House was predicting a rocky road ahead
Four associations warned that Capital One’s acquisition of Discover would reduce the bank’s motivation to offer competitive prices