First Horizon doubles down on Charlotte hiring

The Memphis, Tennessee-based regional lender is tapping the North Carolina city’s talent pool to grow its digital team, said Laura Bunn, the bank’s mid-Atlantic regional president.

The Fed isn’t immune to Trump’s bold choices in a new regulatory wave

In Trump’s first six months, radical moonshots were reserved for the CFPB and NCUA. But the president’s attempt to fire Lisa Cook is the flip of a switch contrasted against the Fed’s relatively slow pace of change.

Six Steps for Branch Transformation Playbook

FDIC: Capital One-Discover deal dents Q2 bank profit

Aggregate net income for banks insured by the regulator fell 1%, to $69.9 billion, in the quarter, due to higher provision expenses tied to Capital One’s acquisition of Discover.

Union: Wells may have secretly recorded meetings

WFWU alleges that the bank was secretly recording in-person bargaining meetings. Wells Fargo denies these claims, saying it “expressly prohibits the recording or transcription of meetings.”

CFPB proposes trimming its nonbank purview

A rule proposed Tuesday would restrict the bureau’s ability to supervise nonbanks. The agency aims to adopt a binding, standardized definition of “risks to consumers” that would make enforcement consistent, it said.