CFPB finalizes new ECOA rule in major fair lending pivot
The Consumer Financial Protection Bureau’s Historic Retreat on Disparate Impact On Wednesday, the Consumer Financial Protection Bureau (CFPB) made a significant announcement that marks a historic retreat by the federal government in how civil rights laws have been enforced for nearly 50 years. The CFPB revealed a final rule eliminating federal oversight of indirect discrimination […]
When direct indexing is the wrong fit for your client
Once a Niche Strategy, Direct Indexing is Now Mainstream Direct indexing, once considered a niche strategy for high net worth investors, has now become mainstream, with over $1 trillion in assets. The customizable portfolios consisting of individual securities are an increasingly default solution for advisors seeking tax-efficient equity exposure for clients. In addition to index-like […]
Anthropic aims to expand Mythos access to European banks
Anthropic Set to Offer Mythos AI Model to Banks in EuropeAnthropic aims to expand the availability of Mythos to banks in Europe and the UK, as well as other organizations. Credit: Stockinq/ Shutterstock.com. Anthropic is gearing up to provide its Mythos AI model to banks across Europe as financial institutions worldwide evaluate the technology, following […]
Associate, Banking Operations Specialist | Phoenix, AZ, USA
About Customers Bank Established in 2009, Customers Bank is a super-community bank with over $22 billion in assets. We are driven by a commitment to deliver dedicated personal service to the businesses, professionals, individuals, and families we work with. Our vision, mission, and values guide us on our journey to achieving excellence. At Customers Bank, […]
Workday Financials Banking Analyst | Atlanta, GA, USA
Workday Financials Banking Analyst: A Career Opportunity Worth Exploring Are you interested in a career that combines finance and technology? An opportunity awaits you as a Workday Financials Banking Analyst. This role is a fantastic chance for individuals who are passionate about technology and finance to leverage their skills and make an impact in the […]
Banking Associate (Kings Highway) PT 20 Hours Bilingual Russian preferred
Exploring a Career as a Banking Associate in Brooklyn, New York TD Bank, one of the world’s leading global financial institutions, is offering an exciting opportunity for aspiring banking professionals in Brooklyn, New York. The position of Banking Associate is available for applicants who are passionate about delivering exceptional service and driving the financial success […]
Takeovers Panel gets tough on Humm and Credit Corp
Andrew Abercrombie Ordered to Forfeit Shares in Humm by Takeovers Panel Andrew Abercrombie, the former chair and major shareholder of Humm, is compelled to relinquish a 3% stake in the company. The Australian Securities and Investments Commission (ASIC) will sell this stake, which will be vested in the Commonwealth. This development comes after the Takeovers […]
BoE’s Breeden warns of potential private credit crunch
Potential Private Credit Crunch: A Look into the Future The financial sector could face a potential private credit crunch, warns Sarah Breeden, the Bank of England’s deputy governor for financial stability. While the situation is not expected to trigger a full-blown banking crisis, as seen in 2008, it could certainly create a ripple effect in […]
Citi’s global head of research is leaving
Lucy Baldwin, Citi’s Global Head of Research, Set to Depart Lucy Baldwin, the esteemed global head of research at Citi, is reportedly bidding farewell to the bank. Having joined Citi in 2021, Baldwin is said to have secured another opportunity and submitted her resignation today. Despite attempts to reach out for comment, Baldwin remained unavailable, […]
Raymond James pays big for recruiting, sees upswing in net new assets
Raymond James’ net new assets surged in its latest quarter, but so did its costs related to recruiting and retaining advisors. Raymond James’ recent recruiting successes Raymond James reported Wednesday that its net inflows of new assets were up a whopping 160% year over year to $23 billion in the first three months of 2026 […]