DC Circuit reopens path to CFPB firings The split ruling vacates a preliminary injunction that prevented Trump administration officials from cutting 95% of the bureau’s employees.

Embezzlement cases engulf Alabama, Tennessee bankers An Alabama banker made roughly 273 fraudulent ACH transactions totaling over $2.3 million, the DOJ said. Last week, the Fed banned an ex-First ...

Paxos, a blockchain infrastructure and tokenization platform, has applied for a national trust charter with the Comptroller of the Currency, the firm said Monday. Paxos seeks to convert its New York ...

Amy Wierenga will succeed Kieran Fallon next month as the Pittsburgh-based lender’s chief risk officer, and Fallon will return to the bank’s legal department.

Wells Fargo taps Google Cloud for agentic AI push The tools will give employees real-time market insights, help navigate extensive documentation and improve customer service.

PNC, Coinbase team up on crypto-as-a-service The nation’s largest crypto exchange and its seventh-largest bank are joining in their “commitment to a more resilient digital financial system,” the firms ...

Yvette Sadler Butler has spent the last three decades building investment tools for big banks. Now, she wants to bring “a digital family office” to the masses.

Citizens spies opportunity with Chase card move As premium credit card fees climb, “it does create a little more room for us to compete in between,” the regional bank’s head of lending said.

StanChart hit with $2.7B lawsuit tied to 1MDB scandal Liquidators of three 1MDB-related companies claim that Standard Chartered permitted more than 100 intrabank transfers that enabled massive fraud ...

Senate official blocks CFPB defunding in Trump’s megabill Measures to defund the CFPB, and to reduce salaries at the Fed, fall outside the limits of reconciliation, Senate parliamentarian Elizabeth ...

Dive Brief: As bank merger and acquisition activity occurs within Regions Bank’s markets, “we are going to be part of taking advantage of the disruption,” CFO David Turner emphasized Tuesday at a ...

Citi offers hybrid employees 2 weeks of remote work in August The perk stands in contrast to tightening in-office requirements at JPMorgan Chase, BNY, Royal Bank of Canada and, most recently, ...