In brief Jonathan Gould, a former chief legal officer at blockchain company Bitfury, has received the U.S. Senate’s approval to lead the OCC. The Senate on Thursday voted 50 to 45 in favor of confirming Gould. Under a regulatory framework outlined in the Genius Act, the OCC would supervise federally licensed stablecoin issuers. A former
Wells Fargo Names Tim Ruby to Lead Healthcare, Higher Education & Not-for-Profit Banking Nationwide (Photo of Tim Ruby) (Photo: Wells Fargo) Ruby brings decades of mission-driven finance experience to support Commercial Banking clients across critical social sectors SAN FRANCISCO, July 10, 2025–(BUSINESS WIRE)–To meet growing demand for specialized solutions, Wells Fargo & Company (NYSE: WFC)
Giannis Antetokounmpo’s refusal to definitively say that he won’t seek a trade from the Milwaukee Bucks is giving opposing teams hope they can eventually lure the two-time NBA MVP away. Appearing on Thursday’s episode of Get Up, ESPN’s Brian Windhorst explained at least five or six teams are “banking on” Antetokounmpo’s recent comments saying “we’ll
I used to be naive about earning interest. For over a decade, I parked all my cash in a basic checking account, earning pennies. That one lazy habit probably cost me over $10,000 in missed growth throughout my 20s and 30s. Ouch! But a few years ago, I wisened up and learned about high-yield savings
Item 1 of 2 A customer uses an ATM at a Bank of America branch in Boston, Massachusetts, U.S., October 11, 2017. REUTERS/Brian Snyder/File Photo [1/2]A customer uses an ATM at a Bank of America branch in Boston, Massachusetts, U.S., October 11, 2017. REUTERS/Brian Snyder/File Photo Purchase Licensing Rights, opens new tab Investment banking rebounds
Brokers are busy in trading at Pakistan Stock Exchange (PSX) in Karachi on Wednesday, October 23, 2024. — PPI Investor optimism returned to the equity market on Thursday as strong macroeconomic indicators, robust remittance inflows and stronger-than-expected government debt auctions fuelled gains in the banking sector, reversing losses from the previous session. The equity market
Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has formally launched its $250 million Additional Tier 1 (AT1) capital issuance following shareholder approval at its Extraordinary General Meeting held on May 28, 2025, in Lomé. The capital raise, which commenced on July 9, will span a 10-day period through private placement of
Investment banking fees in the MENA region dipped 2% year-on-year in the first half of 2025, according to a new LSEG Deals Intelligence report, during a period that saw elevated geopolitical tensions, oil price volatility and fears of a global trade war. Equity capital markets were the most impacted, with underwriting fees declining 18% to
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how regional banks stocks fared in Q1, starting with Columbia Banking System (NASDAQ:COLB). Regional banks, financial institutions operating within specific geographic areas, serve as intermediaries
How Infrastructure-First Thinking Could Inform Banking Resilience LOS ANGELES, CA / ACCESS Newswire / July 9, 2025 / As the banking sector shows renewed stability in 2025-with only one bank failure compared to the dramatic collapses of Silicon Valley Bank, First Republic, and Signature Bank in 2023-industry observers continue analyzing what went wrong and how