Oct. 8, 2025
| Today’s news and insights for banking industry leaders
A subsidiary of the investment bank carried out invoice “factoring” between the bankrupt auto parts supplier and retailers like Walmart that bought First Brands’ materials.
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Analysts look to pinpoint the next bank takeover target – citing First Horizon, Webster and Cadence – as the banking sector comes off its hottest M&A quarter in four years.
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The lawmaker asked regulators to encourage lenders to be flexible with furloughed workers' temporary hardships. But a White House memo and comments by President Trump leave that prospect unclear.
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Stablecoins exceed $294 billion: is this the next frontier for bank payments?
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Key Elon Musk adviser Anthony Armstrong will step into the CFO seat months after xAI merged with social media platform X in an all-stock transaction.
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The bank launched a resources section on its website geared toward offering holistic, personalized advice and resources for its student customers.
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The regulator is rolling out changes to its regulation and supervision of community banks – which it now classifies as lenders with up to $30 billion in assets – including giving examiners more discretion.
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Strategic Banking: Data Readiness to AI Impact
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