American Banker
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American Banker, a SourceMedia brand, is the banking industry's most powerful information resource providing analysis, insight and perspective on the business of banking. Read the latest on the banking & finance industries in the U.S. with award-winning analysis and in-depth reporting by American Banker.
American Banker
6h ago
The Jackson, Mississippi, company will use proceeds from the sale of its Fisher Brown Bottrell Insurance unit to restructure its investment portfolio, moving $1.6 billion of low-yield securities off the balance sheet ..read more
American Banker
6h ago
The store-branded card issuer is raising annual percentage rates and adding fees for paper statements to compensate for lost revenue. The Consumer Financial Protection Bureau's new regulation is scheduled to take effect on May 14 ..read more
American Banker
7h ago
Congressional Review Act resolutions are ramping up ahead of the 2024 election cycle. Experts say that, although none are likely to become law, the resolutions are still powerful messaging and political tools ..read more
American Banker
8h ago
The payment processing firm said that companies will no longer be locked in to processing payments with Stripe in order to access its other products ..read more
American Banker
10h ago
Republicans on the House and Senate Small Business committees are accusing the SBA of being irresponsible in granting Funding Circle permission to participate in its flagship loan-guarantee program ..read more
American Banker
11h ago
Strong consumer spending and cross-border activity drove an 8% increase in Visa's total payments volume during the first quarter of the year, although Asia's economic recovery is taking longer than expected ..read more
American Banker
14h ago
Mastercard launches service to fight instant-payment fraud, EU may green-light Apple's NFC-access plan, and more ..read more
American Banker
14h ago
An anti-ESG crusade in Texas exposes the degree to which conservative hype over companies' ESG policies has lost touch with the reality of the market, to the detriment of taxpayers ..read more
American Banker
21h ago
The JPMorgan Chase CEO took aim Tuesday at the proposed Basel III endgame rules, hindrances to mergers and bureaucratic burdens. "I would love to have a more productive relationship with regulators, but I think it takes conversation," Dimon said ..read more
American Banker
1d ago
Many legal experts think the Supreme Court will rule in favor of the Consumer Financial Protection Bureau in a case challenging its funding. Such a ruling would unleash a flurry of litigation that has been on hold pending the outcome of the constitutional challenge ..read more