US fintechs are breaking down language barriers to the rapidly growing Hispanic market, which is also capturing the investment interest of major US lenders.
Directed by its ambitious chair, Gary Gensler, the SEC is pursuing an agenda which many in the industry believe is too much, too quickly, and it looks set to face legal challenges.
Following a profit squeeze last year, the US banks benefitted from a more resilient economy than expected.
The US Treasuries market remains vulnerable to more dysfunctional episodes as crises are happening more often, which is heaping pressure on policy-makers to find structural fixes.
International banks face numerous challenges in leaving Russia, even after they have made their exit.
The US Federal Reserve has a full agenda as it engages in battle with rising inflation.
Strong profitability, soundness, leverage and return-on-risk metrics put Discover Financial Services at the top of our best-performing banks ranking.
High-grade corporate borrowers are most at risk to the tightening of monetary policy, with an increase in supply but lower demand. Burhan Khadbai reports.
Digital connectivity is at the heart of the modern economy and will play an even greater role in the future. Digital infrastructure, and its financing, has a crucial role in supporting that future.
As US cryptocurrency markets continue to grow, so too does regulatory interest. But there is also an increasing acceptance of the central role that crypto will play in the financial system of the future. Kiara Taylor and Marie Kemplay report.
Surge in profits driven by pandemic rebound and M&A bonanza unlikely to last, say analysts.
A renewed interest in antitrust could mean greater scrutiny ahead of mergers – including banking consolidation – and even the prospect of curbs on US tech giants.
Most banks should have negligible Libor exposures by the end of this year. But pockets of concern remain.
Time will tell as to what extent regulators impose stringent anti-money laundering requirements on cryptocurrency operations.
Despite women now making up a majority of total bank employees in the US, men significantly outnumber women in senior executive positions.
The US Securities and Exchange Commission has threatened to sue the crypto exchange Coinbase if it launches its planned lending product.
Morgan Stanley takes the lead, but on its heels are two more traditional lenders.
In the current environment, it’s hard to predict how inflation will play out, and banks should weigh up all possible outcomes.
Recent legislation signals the US government’s determination to root out financial crime, regardless of where it may originate.
The US investment bank is looking to bar non-vaccinated staff from its New York offices, allowing it to remove remaining restrictions.