News & Insights

Unified feed: Brian's Banking Blog + editorial posts.

1035 results.
  • Fitch Announces Downgrade of U.S. Credit RatingFinancial

    Fitch Announces Downgrade of U.S. Credit Rating

    Fitch downgrades the U.S. credit rating from AAA to AA+, citing rising economic worries, entitlement costs, and poor governance.

    8/4/2023Read →
  • Powell Clarifies Fed’s Role on ClimateBanks

    Powell Clarifies Fed’s Role on Climate

    "Federal Reserve Chair Jerome Powell explains the central bank's stance on addressing climate change and its implications."

    bankingbanksus banks
    8/3/2023Read →
  • Powell: ‘Long Way to Go’ in Fed’s Fight to Lower InflationNews

    Powell: ‘Long Way to Go’ in Fed’s Fight to Lower Inflation

    Powell acknowledges the Fed's ongoing struggle to reduce inflation, emphasizing that there is still a long way to go in their efforts.

    Federal Reserveinflationinterest rates
    8/3/2023Read →
  • SEC Fines Goldman Sachs for Failure to Follow its Own ESG PoliciesBanks

    SEC Fines Goldman Sachs for Failure to Follow its Own ESG Policies

    "Goldman Sachs fined by SEC for violating its own ESG policies, highlighting the importance of compliance in sustainable investing."

    bankingbanksGoldman Sachs
    8/3/2023Read →
  • JPMorgan Chase Plans Digital Bank in GermanyBanks

    JPMorgan Chase Plans Digital Bank in Germany

    JPMorgan Chase announces its plans to launch a digital bank in Germany, expanding its banking services in the country's market.

    digital bankingEUEuropean Union
    8/3/2023Read →
  • Inspire a movement? I'd choose Freedom!Brian's Blog

    Inspire a movement? I'd choose Freedom!

    Freedom to pursue passions, to cross borders, to start businesses. It’s an ambitious dream but the impact is immense.

    bankingbanksculture
    8/3/2023Read →
  • Report: UBS in Discussions for Credit Suisse AcquisitionBanks

    Report: UBS in Discussions for Credit Suisse Acquisition

    UBS reportedly in central bank-orchestrated negotiations for possible acquisition of troubled Swiss bank, Credit Suisse.

    acquisitionBlackRockcredit suisse
    8/2/2023Read →
  • DOJ Announces $9M Redlining Settlement with OH BankBanks

    DOJ Announces $9M Redlining Settlement with OH Bank

    DOJ reaches settlement with Park National Bank, over allegations that the OH bank engaged in illegal redlining lending discrimination.

    Department of Justicedojlending discrimination
    8/2/2023Read →
  • Bill to Rein in IRS Powers Earns ABA, Chamber SupportBanks

    Bill to Rein in IRS Powers Earns ABA, Chamber Support

    The ABA and Chamber of Commerce have lent their support to a new bill aimed at limiting IRS powers to expand banking reporting requirements.

    ABAAmerican Bankers AssociationChamber of Commerce
    8/2/2023Read →
  • LA-Based Bank to Pay Largest Redlining Settlement EverBanks

    LA-Based Bank to Pay Largest Redlining Settlement Ever

    "LA-based bank reaches historic redlining settlement, paying the largest amount to address discriminatory lending practices."

    bankingbanksus banks
    8/2/2023Read →
  • <strong>NYC Announces New Measures to Combat Banking Discrimination</strong>Banks

    <strong>NYC Announces New Measures to Combat Banking Discrimination</strong>

    NYC Banking Commission reveals plan to combat banking discrimination in banks that hold city fund deposits.

    banking discriminationbanksEric Adams
    8/2/2023Read →
  • Bank Capital Rule Changes Proposed by U.S. RegulatorsBanks

    Bank Capital Rule Changes Proposed by U.S. Regulators

    U.S. regulators announce public comment period for recently revealed new bank capital rule changes for the nation’s largest banks.

    8/2/2023Read →