Discover, bracing for FDIC penalty, adds ex-agency official to its board
The consumer lender’s stock price has fallen more than 30% since it disclosed a looming regulatory action, which was followed by the sudden departure of its CEO. To help meet its compliance challenges, the company’s board added a former FDIC regional director.
What does and doesn’t matter about the Menendez indictment
The indictment of Senate Banking Committee member Bob Menendez, D-N.J., on bribery and corruption charges may not have a lot of impact on banks' near-term legislative priorities, but it is emblematic of a deeper struggle to preserve the rule of
JPMorgan to block crypto payments from Chase UK bank accounts
JPMorgan Chase's U.K. digital lender is blocking customers from making crypto payments, citing an increase in frauds and scams.
Real leadership requires executives who can look beyond ‘ESG backlash’
Long-term business profit is inextricably tied to sustainability. The head of the U.K.'s Chartered Banker Institute explains that financial services leaders have a special responsibility to understand and communicate that fact.