FINRA navigates ‘AI washing’ as firms roll out client-facing gen AI
As more companies tout gen AI offerings, regulators are closely watching to see if what they say matches what they do.
Banking lobbies back Fed in debit swipe-fee suit
The Bank Policy Institute and The Clearing House filed a motion to join the central bank's defense of Regulation II.
New York Community set for a corporate rebranding
After NYCB streamlined its branch operations under the Flagstar name, the publicly traded company will begin trading under a new stock ticker symbol in late October.
Citizens hampered in Q3 by office-loan overhang
The regional bank's earnings were impacted by challenges in its office loan portfolio, though its overall results were a mixed bag, with its nascent private bank showing momentum.