Tag Archives: banking

Banking stocks were not in the money today despite rosier economic prospects heralding a surge in hiring and buying. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to a Reuters report, Wall Street banks have been busy in recent …

Visa Abandons Open Banking in US as Data-Access Debate Rages  Bloomberg Visa closes US open-banking unit as data fight heats up, source says  Yahoo Finance Visa Shuts Down US Open-Banking, Stirring Fintech Friction  Finimize Visa pulls plug on U.S. open banking arm amid regulator uncertainty – report (V:NYSE)  Seeking Alpha Visa Closes Open-Banking Business in US Due to Regulatory Uncertainty, Bloomberg Reports  MarketScreener Source link

Gold has crushed stocks, bonds and even bitcoin in 2025. This banking giant just got more bullish.  MarketWatch UBS raises gold forecasts through 2026 as 2025 rally tops all asset classes  MSN Gold is 2025’s best performer. UBS sees more upside  Investing.com Gold rate today: Ventura predicts gold price to climb to $3,600 peak by year-end  Mint UBS Group has raised its mid-year gold …

Thank you for inviting me to speak to you today.1 It is wonderful to join you again this year, now as the Fed’s Vice Chair for Supervision. Since assuming this important financial regulatory role, we have hit the ground running—addressing some of the most critical matters in the bank regulatory space, all of which fall under the broad categories of …

By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered: Section 1.  Purpose.  Financial institutions have engaged in unacceptable practices to restrict law-abiding individuals’ and businesses’ access to financial services on the basis of political or religious beliefs or lawful business activities.  Some financial institutions participated …

PROHIBITING POLITICIZED OR UNLAWFUL DEBANKING: Today, President Donald J. Trump signed an Executive Order to ensure that Federal regulators do not promote policies and practices that allow financial institutions to deny or restrict services based on political beliefs, religious beliefs, or lawful business activities, ensuring fair access to banking for all Americans. The Order directs Federal banking regulators to remove …

Locket, the photo-sharing app that allows users to share images with friends that are then displayed on their home screens as widgets, wants to stay on your radar, and it’s enlisting the help of celebrities. When it launched in 2022, Locket emerged as a competitor to BeReal, offering a more authentic way to connect with others. The app places a …

The fourth reboot of The Naked Gun arrives this week from Paramount Global, its distributor, which is also heralding its own massive reboot — a study in contrasts. The three Naked Gun films over 40 years hilariously chronicled a litany of organizational debacles, the last even subtitled “Final Insult.” But in unveiling his $8 billion takeover, Skydance’s young CEO David …

Senate Banking advances first large, bipartisan housing package in a decade  Politico Ahead of Historic Housing Markup, Stakeholders Voice Support for ROAD to Housing Act of 2025  Senate Committee on Banking, Housing, and Urban Affairs (.gov) Housing affordability is a major problem. Elizabeth Warren is helping lead a sweeping bipartisan effort to address it.  The Boston Globe Exclusive / Senate’s bipartisan housing bill …

Business $8.6B merger will result in holding company establishing Atlanta headquarters, with bank operations based in Nashville. Columbus-based Synovus Financial Corp. will combine with Nashville-based Pinnacle Financial Partners, bringing a corporate headquarters to Atlanta. Synovus currently has an office tower in Cobb County. (File/AJC) Two Southeastern regional banks will combine in the largest bank merger of the year, bringing a …