WASHINGTON — Bank groups in all 50 states, plus Puerto Rico, asked Treasury Secretary Scott Bessent to choose Federal Reserve Gov. Michelle Bowman as the central bank's vice chair for supervision in a ...
In a Friday speech, Federal Reserve Board member Michelle Bowman said regulation and supervision should be aimed at expanding banking access, not limiting it.
Cushion, a fintech startup for negotiating bank fees, has shuttered its doors. Founder and CEO Paul Kesserwani announced the decision via a LinkedIn post on Thursday, saying that "despite bringing ...
The Peoples Savings Bank in Ohio, Central Bancshares in Iowa, Amalgamated Bank of Chicago, Glenwood State Bank in Minnesota, MutualOne Bank in Massachusetts, Mechanics Bank in California and Franklin ...
Citizens Financial Group will create a new C-suite role following the retirement of Beth Johnson, a top executive who's been instrumental in the company's transformation into a viable regional bank.