Commercial banking
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The incoming Trump administration's 'agency review team' has landed and is expected to name an acting director of the Consumer Financial Protection Bureau. Republicans on the Federal Deposit Insurance Corp. or the Federal Trade Commission are among the most likely candidates.
January 15 -
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The issuance marks the first time a multilateral climate fund is turning to the capital markets, as cash-strapped developed nations balk at providing the funds needed to cut greenhouse gas emissions.
January 15 -
The $4 trillion-asset bank posted its highest-ever annual profit but also said its CEO succession plan is still in the works.
January 15 -
Island is a first-time issuer and largely originates and services the loans through its network of 48 branches.
January 15 -
Cory Teller is a principal with
UHY , providing project and change management and operational excellence solutions.January 15 -
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Wednesday brings the next pivotal data point, with the release of the latest consumer-price figures, which are forecast to show inflation remains sticky.
January 14 -
Notes will be repaid through a sequential pay structure that will require principal to be repaid in full to the class A1 notes.
January 14 -
Financial profiles of borrowers in the coastal areas where insurance coverage is required vary significantly from at-risk homeowners inland, CFPB's analysis found.
January 14 -
Douglas McManus served as director of financial research in the Office of the Chief Economist at Freddie Mac until he retired on July 9, 2024. Mr. McManus received his Ph.D. in economics from the University of Pennsylvania.
January 14 -
Michael Bradley served as the senior vice president of models and analytics in the Freddie Mac Single-Family Acquisitions Division until he retired on July 1, 2024. Mr. Bradley received his Ph.D. in economics from the University of Illinois.
January 14 -
The largest U.S. bank by assets has elevated Jennifer Piepszak to chief operating officer, in preparation for Daniel Pinto's retirement in 2026. But Piepszak is not interested in being CEO, the company said.
January 14 -
The $1 billion deal included classes A-L-A and A-L-B were offered as loans.
January 14 -
The inaugural deal is expected to close by the end of the month. Among its structural features are cash trap and cash sweep provisions.
January 13 -
With more than 20 years of experience in health care technology, including as co-founder of RedBrick Health (now Virgin Pulse), Kurt has held senior leadership roles focused on transforming health care and empowering individuals. Now as MOBE's Chief Commercial Officer, Kurt is committed to providing innovative solutions that engage members, improve health outcomes, and reduce costs for health plans and employers.
January 13 - January 13
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The Consumer Financial Protection Bureau's research found that the majority of buy now/pay later users are subprime borrowers, holding high credit card balances and multiple loans, suggesting the offering is riskier to lenders than previously assumed.
January 13 -
The movements were spurred by jitters around persistent inflation and ballooning government debt, leading futures traders to wager that the Fed is unlikely to ease monetary policy again until late 2025.
January 13 -
A cohort of bank industry interest groups called for the incoming Trump administration to pause all pending bank regulation and litigation and extend the timelines for implementing final rules issued by the Biden administration.
January 13


















