2+ day, 14+ hour ago   (633+ words) Is the pendulum swinging back on banks' involvement in insurance? After a slew of high-profile divestitures, a number of community banks have moved in the opposite direction in recent months, acquiring agencies to bolster their presence in the sector. On…...

2+ day, 16+ hour ago   (26+ words) (Mar. 31, 2026) American Banker READ MORE 20 banks and thrifts with the largest portfolios of MBS assets...

4+ day, 18+ hour ago   (710+ words) Executives at Seattle-based WaFd Inc. and EverBank Financial in Jacksonville, Florida, insist they'll be stronger together since their merger, announced late Monday, addresses key issues for both companies. For the $46.7 billion-asset EverBank the deal diversifies a funding profile that has…...

4+ day, 19+ hour ago   (831+ words) NEW YORK — Consumers expect inflation to remain above the Federal Reserve's 2% target this year and for the next several years, according to the Federal Reserve Bank of New York's latest survey of consumer expectations. The monthly survey, which is often…...

4+ day, 20+ hour ago   (449+ words) Circle Internet Group is expanding its reach in the Asia-Pacific region with the acquisition of Singapore-based payments company Tazapay. The stablecoin issuer has agreed to buy Tazapay, a business-to-business, cross-border payments company, for $400 million in stock, the company said Tuesday....

4+ day, 22+ hour ago   (535+ words) A seemingly impossible security problem to get around in today's world is the fact of centralization. The world is so large and so complex that it is impossible to expect every bank in the country to develop its own security…...

1+ week, 3+ day ago   (492+ words) As financial institutions increase their use of artificial intelligence, the risk that results when AI models go astray will also increase. New American Banker research suggests credit unions do not give this risk the same weight as other financial firms....

1+ week, 3+ day ago   (735+ words) The Federal Reserve system will reform its processes for identifying and hiring key officials at its 12 reserve banks. An investigation by the central bank's inspector general identified several issues in the way reserve banks hire presidents and directors. These include…...

1+ week, 4+ day ago   (870+ words) Federal Reserve Gov. Michael Barr is ready to act "decisively to raise rates" — but only if August inflation data comes in hot. In a Tuesday morning speech, Barr said he is open to either hiking interest rates at this month's…...

1+ week, 4+ day ago   (540+ words) Farmers & Merchants Bank of Long Beach could afford to be patient. The privately held California bank waited nearly four-and-a-half years from the start of the Federal Reserve's aggressive rate-hiking cycle to sell off a $1 billion block of low-yielding municipal bonds....