The once-distant hum of artificial intelligence has grown into a defining roar within the financial sector, as the industry has moved decisively from cautious experimentation to ambitious, large-scale implementation of AI technologies. This year marks a clear inflection point where theoretical
In a landscape often defined by protracted regulatory reviews, the recent lightning-fast approval of Huntington Bank’s acquisition of Cadence has sent a clear signal to the industry. To unpack the implications of this deal and what it tells us about the current M&A environment, we sat down with
A contentious party-line Senate vote has confirmed permanent leaders for the Federal Deposit Insurance Corp. (FDIC) and the Commodity Futures Trading Commission (CFTC), crystallizing a new direction for U.S. financial oversight. The appointments of Travis Hill to the FDIC and Michael Selig to the
As the line between technology and finance continues to blur, few developments are as consequential as non-financial companies seeking to become banks. PayPal, a titan of digital payments, is the latest to make this move, applying for a special type of charter that has long been a source of intense
In the typically reserved world of regional finance, the term "coup d’état" is virtually unheard of. Yet, it sits at the heart of an explosive federal lawsuit filed by Old National Bank (ONB) against its North Dakota-based rival, Bell Bank. The suit accuses Bell and eight of ONB's former senior
A single mistaken wire transfer, amounting to nearly a billion dollars, can trigger years of intense regulatory scrutiny powerful enough to reshape a global financial institution. For Citigroup, this hypothetical became a stark reality, placing it under one of the strictest oversight regimes in
