News & Insights

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

1087 results.
  • First Citizens Confirms SVB Worker LayoffsBanks

    First Citizens Confirms SVB Worker Layoffs

    First Citizens Bancshares has confirmed nearly 500 worker layoffs impacting former employees of failed Silicon Valley Bank.

    5/27/2023Read →
  • Yellen Calls for Maintaining Diverse Banking Sector in U.S.Banks

    Yellen Calls for Maintaining Diverse Banking Sector in U.S.

    U.S Treasure Secretary Janet Yellen warns against further bank consolidation, praises the country’s diverse banking sector.

    5/25/2023Read →
  • Fed Survey Highlights Inflation’s Impact on Americans’ Financial HealthFinancial

    Fed Survey Highlights Inflation’s Impact on Americans’ Financial Health

    New surveys and polling confirm that inflation is having a devastating impact on the financial health of American households.

    5/25/2023Read →
  • If there’s 1 piece of advice I could give to my 20 year-old self, it would be this:Brian's Blog

    If there’s 1 piece of advice I could give to my 20 year-old self, it would be this:

    Start a business, and get into sales ASAP. I got into sales at 32. Became a startup founder at 40. I might have been a late bloomer, but now I know firsthand that late truly is better than never.

    bankingbusinesssales
    5/24/2023Read →
  • Powell Suggests Moderation in Further Fed Rate IncreasesBanks

    Powell Suggests Moderation in Further Fed Rate Increases

    Federal Reserve Chairman Jerome Powell hints at pause in further Fed rate increases, to assess progress in fight against inflation.

    5/23/2023Read →
  • Tighter Bank Oversight Rules Expected This SummerBanks

    Tighter Bank Oversight Rules Expected This Summer

    U.S. regulators say that new proposals for tighter bank oversight rules to empower regulatory supervisors could be ready as soon as this summer.

    5/23/2023Read →
  • Treasury’s Yellen to Meet with Bank CEOs to Discuss Debt Ceiling StandoffBanks

    Treasury’s Yellen to Meet with Bank CEOs to Discuss Debt Ceiling Standoff

    U.S Treasury Secretary Janey Yellen to meet with Bank Policy Institute board members to discuss debt ceiling standoff and bank crisis.

    5/18/2023Read →
  • New CFPB Circular Warns Banks Against Unilaterally Reopening Closed Customer AccountsBanks

    New CFPB Circular Warns Banks Against Unilaterally Reopening Closed Customer Accounts

    CFPB says banks that reopen closed customer accounts to process overdrafts and other fees may be violating federal law.

    5/17/2023Read →
  • The government’s response to COVID has had far worse consequences than they imagined…Brian's Blog

    The government’s response to COVID has had far worse consequences than they imagined…

    The government’s response to COVID has had far worse consequences than they imagined. Historic bank failures, interest rate hikes, inflation, etc. But inflation has had BY FAR the biggest impact on average Americans. In most circumstances, inflation is a sort of invisible tax that disproportionately affects the poor.

    bankingbanksus banks
    5/17/2023Read →
  • Dimon: U.S. Debt Ceiling Crisis Prompted Creation of JPMorgan Chase “War Room”Brian's Banking Blog

    Dimon: U.S. Debt Ceiling Crisis Prompted Creation of JPMorgan Chase “War Room”

    As U.S. debt ceiling crisis continues, JPMorgan Chase's CEO confirms that his bank is meeting regularly to discuss options.

    debt ceiling crisisdebt limtdefault
    5/16/2023Read →
  • FDIC Proposal Taps Big Lenders for Deposit Insurance Fund ReplenishmentBanks

    FDIC Proposal Taps Big Lenders for Deposit Insurance Fund Replenishment

    FDIC proposal would see the nation’s largest banks pay most of the cost for replenishing the deposit insurance fund.

    bankingbanksFDIC
    5/16/2023Read →
  • Within 5 years, core banking functions will be completely commoditized.Brian's Blog

    Within 5 years, core banking functions will be completely commoditized.

    Here’s what that means for the future. When everyone has easy access to standardized, inexpensive, instantaneous ways of performing core functions (opening accounts, taking deposits, issuing loans, international transfers, etc.). Every bank will need to find new ways to compete.

    bankingbanksinnovation
    5/12/2023Read →