Banking news
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The OCC chief made crypto-inclusive remarks at a blockchain symposium, adding that protecting traditional banks is not his job.
Caroline Ellison and Gary Wang are prohibited from trading for five years from the date of their initial consent orders.
The payments behemoth's acquisition of the AI spend management firm has been in the works for weeks. The reported price tag: $7.5 billion.
The Swedish fintech has begun a search for a New York-based finance chief. Meanwhile, the company adjusted its 2026 financial outlook downward.
The proposal will establish a framework for crypto firms to raise capital under federal securities laws and also includes a conditional safe harbor from being deemed an investment contract.
Future Financial CEO Jeff Kesler spent a year courting a small family-owned bank, and believes a patient approach will unlock deals competitors may miss.
The acquisition of LCN Capital Partners, set to close by year-end, marks the second nine-figure-or-higher transaction for Goldman in the past week.
A Trump family-backed crypto firm received a conditional charter Friday. The following day, several senators introduced a bill that would make such arrangements illegal - retroactive to Jan. 20, 2025.
The bank said last month it may have to pursue "a sale or organized wind-down" if the deal wasn't consummated, because it lacked sufficient capital to satisfy regulators.
Equifax alum Matthew White is taking the CFO reins as Bakkt looks to execute on its ongoing pivot to becoming a stablecoin infrastructure provider.
