2 days ago · Jon Weiss, Wells Fargo's co-CEO of corporate and investment banking resigned from his position with plans to retire; A new CFPB report says military service members paid more for auto loans and add-on products; City National Bank's Kelly Coffee is leaving the bank after her 2023 demotion; and more in this week's banking news roundup.

Jul 4, 2022 · The RTP network has developed faster than the Federal Reserve's real-time payment project, which is still in testing. The central bank-backed FedNow rail is not set to launch until 2023, though it has attracted at least 110 banks for pilots, including Wells Fargo and First Internet Bancorp. The FedNow rail will allow bank transfers, prepaid card loads, payroll disbursements, bill pay and real ...

Nov 12, 2024 · Independence Bank wants to make sure employees enjoy the time they spend at work. Themed dress days are planned throughout the year. So-called Office Olympics break up the workday with games and activities. Food trucks are on site and free popcorn is available at all sites every Friday.

Dec 26, 2024 · At the end of last year, American Banker's journalists assembled a list of the individuals we thought would have the greatest impact on banking in 2024.Were we right? Here's an update on what each was up to this year, and how much of …

Dec 25, 2024 · Many of these challenges took hold in 2024 and will require quick planning and flexibility in the next 12 months as market conditions, rules and regulations become more apparent.. New brains. Much of the work facing payment executives involves how to harness new forms of machine learning, which is evolving from experiments and testing to …

Aug 29, 2024 · Jon Weiss, Wells Fargo's co-CEO of corporate and investment banking resigned from his position with plans to retire; A new CFPB report says military service members paid more for auto loans and add-on products; City National Bank's Kelly Coffee is leaving the bank after her 2023 demotion; and more in this week's banking news roundup.

Oct 22, 2024 · Jon Weiss, Wells Fargo's co-CEO of corporate and investment banking resigned from his position with plans to retire; A new CFPB report says military service members paid more for auto loans and add-on products; City National Bank's Kelly Coffee is leaving the bank after her 2023 demotion; and more in this week's banking news roundup.

Dec 30, 2024 · WASHINGTON — The banking industry will face an evolving regulatory landscape in 2025, shaped by political shifts and recalibrations on the part of policymakers in Washington. President Donald Trump's return to the White House is bringing with it a renewed focus on deregulation and economic growth ...

Dec 25, 2024 · The year began with significant pushback against the proposed Basel III endgame capital rules, which were rolled out during the summer of 2023. Bankers and trade groups raised concerns with the reforms, which were jointly proposed by the OCC, the FDIC and the board of governors of the Federal Reserve. By May, the industry was in limbo as regulators tried to decide if they would modify the ...

Dec 27, 2024 · Jon Weiss, Wells Fargo's co-CEO of corporate and investment banking resigned from his position with plans to retire; A new CFPB report says military service members paid more for auto loans and add-on products; City National Bank's Kelly Coffee is leaving the bank after her 2023 demotion; and more in this week's banking news roundup.