American Banker Breaking News
32 followers 52 článků/týdně
Secrets of a 'turnaround guy'

Banks maintain lists of consulting firms that they trust to help troubled commercial borrowers to fix their businesses. These specialists say they're getting more calls, especially in areas such as multifamily and CRE, from business owners who need help.

Fri May 3, 2024 03:59
These investors are raising $1 billion to be ready when a bank fails

Nearly 15 years ago, Les Lieberman and other organizers of Porticoes Capital used a shelf charter to buy a spate of failed banks. Now they're hoping to replay the strategy.

Fri May 3, 2024 01:07
American Express unveils its approach to generative AI

The financial services company has found that engineers report higher satisfaction and save time when using a copilot to assist with coding.

Thu May 2, 2024 21:09
JPMorgan details its invisible — and growing — role with Amazon

The embedded banking services Amazon offers to third-party sellers come from the hidden hand of JPMorgan Chase's corporate payments arm, which markets its services to e-commerce platforms on a white-label basis.

Thu May 2, 2024 20:17
TD fined $6.7 million under Canada money-laundering rules

Toronto-Dominion failed to submit suspicious-transaction reports in cases where it was reasonable to suspect the transfers were tied to money laundering or terrorist financing, along with other violations, according to the Financial Transactions and Reports Analysis Centre of Canada.

Thu May 2, 2024 19:57
'Well-capitalized' banks keep failing; it's time for a reality check

What's the point of regulatory capital rules that ignore demonstrated problems, like unrealized losses? We need to rethink what banks' disclose to investors and regulators.

Thu May 2, 2024 17:04

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