Michael S. Barr is vice chairman for supervision on the Board of Governors of the Federal Reserve System. This article is adapted and edited from testimony delivered today before a hearing of the U.S. House of Representatives before the Committee on Financial...
Travis Hill is vice chairman of the Federal Deposit Insurance Corporation (FDIC). This article is edited and adapted from a recent presentation at the Mercatus Center entitled “Banking’s Next Chapter? Remarks on Tokenization and Other Issues” As we consider the...
The financially troubled New York Community Bancorp (NYSE:NYCB) is receiving a lifeline in the form of a capital investment worth more than $1 billion. The Wall Street Journal, citing unnamed “people familiar with the matter,” reported that Liberty Strategic, Citadel...
Pittsburgh-headquartered PNC Bank (NYSE:PNC) announced it will invest approximately $1 billion to open more than 100 new locations and renovate more than 1,200 existing locations through 2028. According to the company, PNC will build and open new branches in key...
Title Insurance Premiums Rise Nearly 15% as Commercial Deals Drive Growth
