Trump could bypass Democratic picks for FDIC Board
President-elect Donald Trump may opt to bypass Democratic suggestions for minority party seats on the Federal Deposit Insurance Corp.’s board of directors, setting up potential conflicts with Senate leadership over regulatory appointments.
Minority groups should brace for the impact of Trump’s bank policies
The president-elect's history of deregulatory financial services policies could offer some benefits to minority businesses and consumers, but the more likely outcome is reduced access to capital and higher costs.
Richard Parsons, who chaired Citi during financial crisis, dies at 76
The executive dubbed "Captain Emergency" stabilized ailing companies such as AOL Time Warner and Dime Savings Bank before being named chairman of Citigroup in 2009.
Gen Z, millennials drive BNPL growth this holiday season
Improved consumer confidence helped to drive greater use of buy now/pay later as younger generations turned to short-term installment options.