News & Insights
Unified feed: Brian's Banking Blog + editorial posts.
BanksSEC Investigating Goldman Sachs ESG Mutual Funds
"SEC investigates Goldman Sachs' ESG mutual funds: Potential regulatory scrutiny on sustainability practices."
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BanksFed Boosts Benchmark Interest Rate by 0.75%, Signals More Aggressive Campaign to Combat Inflation
"FED raises interest rate to combat inflation, signaling an aggressive campaign ahead."
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BanksCanada’s VersaBank Makes Bid to Acquire U.S. Bank Charter with Purchase of MN Bank Branch
"VersaBank of Canada aims to acquisition U.S. bank charter through MN bank branch purchase, expanding its presence internationally."
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BanksBiden Pick for Fed Banking Supervision Role One Step Closer to Senate Confirmation
Biden's nominee for Fed banking supervision role advances towards Senate confirmation.
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BanksCapital One Launches Enterprise B2B Software Business
Capital One expands with new B2B software venture, targeting enterprise market.
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BanksSenate Banking Cmte Chair Calls on Wells Fargo to Finally Fix Long-standing Problems
Senate Banking Cmte Chair urges Wells Fargo to address persistent issues in a long-overdue move.
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BanksStudies Show Decline in Customer Satisfaction with Bank and Credit Card Digital Services
Customer satisfaction with digital banking services is declining, impacting banks and credit card providers. Discover the latest studies on this trend.
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BanksMajor Financial Firms Deny Boycotting Energy Companies
Denial of major financial firms boycotting energy companies due to recent controversies.
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BanksCFPB: Borrowers Entitled to Explanation for Credit Denial, Even if Credit Decisions are Based on Complex Algorithms
"Borrowers entitled to credit denial explanation, even with complex algorithms. CFPB ensures transparency."
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Brian's Blog"Who holds the keys to the kingdom in the U.S. banking industry?"
Did you know just 33 banks, out of thousands, control over 70% of the U.S. banking industry? Talk about the ultimate power club! In Q1, 2023, the "Big Four" held 39% of all assets, while the next tier of banks held another 18%. Together, that's 57% of assets. Want to hit 70%? Add just 19 more banks!
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BanksMerged Houston Banks to Rebrand as Stellar Bank
Regional banks in Houston join forces and rebrand as Stellar Bank, enhancing their services and offerings.
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BanksBanks Continue to Play Key Role in Economic Growth and Wealth Creation
"Banks drive economic growth and wealth creation through their pivotal role."
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