From cease-fire push to boots on the ground in Israel: US seemingly accepts involvement in escalating war
The U.S. is now more deeply entrenched in the conflict in the Middle East after a pivotal move to send troops to Israel was announced this week. On Monday, the Biden administration revealed it would offer Israel one of the U.S.’s
As Goldman Sachs exits GM deal, Barclays hopes to benefit
The investment banking giant is selling its General Motors credit card portfolio to Barclays, which is looking to grow and diversify its U.S. cards business. It's part of Goldman's retreat from consumer banking.
Biden-Harris admin warns Israel over Gaza humanitarian aid, leaked letter reveals
U.S. Secretary of State Antony Blinken and Secretary of Defense Lloyd Austin sent a letter to Israel demanding it improve the humanitarian situation in Gaza or risk losing crucial security assistance. The letter was supposed to be a private, diplomatic communication
Netanyahu tells Macron that Israel was not created by the UN, but by ‘blood of our heroic fighters’
Israeli Prime Minister Benjamin Netanyahu on Tuesday took umbrage at remarks made by French President Emmanuel Macron, in which he stated that Israel was created by the United Nations. Macron was speaking to his cabinet when he said, ‘Mr Netanyahu must
Meet the banker running for Senate in Wisconsin
Eric Hovde, CEO of Sunwest Bank and Republican nominee for Senate in Wisconsin, is running a tight race against incumbent Democratic Sen. Tammy Baldwin. In an interview with American Banker, Hovde talked about wanting to deregulate the banking industry and
Fairway agrees to pay nearly $10 million for redlining in Birmingham
The Consumer Financial Protection Bureau and Department of Justice issued a consent order against Wisconsin-based nonbank mortgage originator Fairway Independent Mortgage over redlining allegations. Fairway is the country's fifth-largest mortgage originator by volume.
Trump says growth to outpace feared debt, inflation from agenda
The former president has vowed to carry out an aggressive campaign of deregulation, renew expiring tax cuts, lower the corporate tax rate to 15% from 21%, and offer fresh tax reductions and benefits to bolster domestic manufacturing — policies cheered
6 tech leaders on the Most Powerful Women in Banking list
American Banker's annual recognition of the most powerful women in banking includes two CIOs and the newly created position of chief data and analytics officer at a megabank.
TD’s asset cap and the legacy of regulators’ best-laid plans
Regulators' asset cap on TD Bank for money laundering violations has cemented the enforcement tool as a supreme cudgel to rein in problem banks, while other tools devised in the wake of the Great Financial Crisis gather dust.
Doré Copper and Cygnus Metals Enter Into Arrangement Agreement to Create Strategic Critical Minerals Company
Not for distribution to United States news wire services or for dissemination in the United States Doré Copper Mining Corp. (‘ Doré Copper ‘) (TSXV: DCMC; OTCQB: DRCMF; FRA: DCM) is pleased to announce that it has entered into