Regulatory & Compliance

Does Citigroup Protect Harassers in Its Ranks?
Regulatory & Compliance Does Citigroup Protect Harassers in Its Ranks?

A bombshell lawsuit filed by a former high-ranking executive has cast a harsh spotlight on the internal culture of one of the world's largest financial institutions, raising serious questions about its treatment of female leaders. Julia Carreon, who previously served as Citigroup’s global head of

Did Activist Pressure Halt Eastern Bank's M&A?
Regulatory & Compliance Did Activist Pressure Halt Eastern Bank's M&A?

In a striking turn of events that sent ripples through the regional banking sector, a public confrontation between a legacy institution and a determined activist investor has culminated in a fundamental overhaul of corporate strategy. Boston-based Eastern Bank, a company built in part on an

PNC Bank Puts Rivals on Notice With National Expansion
Regulatory & Compliance PNC Bank Puts Rivals on Notice With National Expansion

A stark warning has echoed through the halls of American banking as PNC's chief executive issued a direct challenge to competitors nationwide, signaling a deliberate and aggressive campaign to transcend its regional roots. This strategic pivot is not merely about growth but represents a fundamental

Affirm Pursues Nevada Bank Charter to Expand Services
Regulatory & Compliance Affirm Pursues Nevada Bank Charter to Expand Services

In a move signaling a significant shift in the financial technology landscape, buy now, pay later (BNPL) giant Affirm Holdings has officially applied for a bank charter in Nevada. By seeking to establish Affirm Bank, a state-chartered industrial loan company (ILC), the company is aiming to break

Trump Sues JPMorgan Chase for $5 Billion Over Debanking
Regulatory & Compliance Trump Sues JPMorgan Chase for $5 Billion Over Debanking

A seismic legal confrontation is brewing at the intersection of American politics and high finance, as former President Donald Trump has initiated a staggering $5 billion lawsuit against the financial behemoth JPMorgan Chase and its prominent Chief Executive Officer, Jamie Dimon. The lawsuit,

Stream Raises $90M to Fund Its U.S. Expansion
Regulatory & Compliance Stream Raises $90M to Fund Its U.S. Expansion

The landscape of employee benefits is undergoing a significant transformation as companies increasingly recognize that financial stability is a cornerstone of a productive and engaged workforce. In this evolving environment, financial technology firms are playing a pivotal role. One such company,

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