Why housing affordability matters to banks and the election; First Citizens, Cullen/Frost, NYCB
American Banker
In-depth analysis, perspective and commentary on key issues affecting the banking industry.
Housing: The issue everyone is thinking about but not talking about. Despite being a top concern for a wide swath of voters, housing affordability has largely been absent from presidential politics.
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Regulators issue joint warning on bank-fintech risks: While the federal banking agencies are not changing any current rules, they issued a joint statement Thursday cautioning banks about risks in third-party deposit partnerships. They are also seeking public input on bank-fintech partnerships more generally.
Today in bank earnings:
Women executives in banking and finance are invited to join us at our annual Most Powerful Women in Banking Conference, October 22 and 23, 2024, in New York City.
Treasury's big push to protect banks from cyber threats: Project Fortress encompasses four initiatives Deputy Secretary Wally Adeyemo hopes will "improve the security and resilience of the financial services sector."
Michigan community banks strike deal to merge: ChoiceOne Financial Services would pay about $180 million to acquire Fentura Financial in a bid to expand in Detroit's suburbs. The deal would create a bank with more than $4 billion of assets.
Is Target's ban the beginning of the end for checks? The big box retailer's move comes amid a broader decline for the traditional payment option.