Eagle Bancorp hires Western Alliance executive as next CEO
Eagle Bancorp Recruits Stephen Curley as Next CEO Eagle Bancorp, a community bank based in Bethesda, Maryland, has announced the appointment of Stephen Curley as its next president and CEO. Curley, who was a top executive at Western Alliance Bancorp., will take up his new role on July 6, as per the bank’s press release. […]
CFPB erases pre-Trump 2.0 history
The Consumer Financial Protection Bureau Removes Pre-Trump Era Public Statements In a controversial move, the Consumer Financial Protection Bureau (CFPB) recently deleted all press releases, testimony, speeches, and most public statements made before President Donald Trump’s second term in office. This decision has raised concerns about transparency and accountability within the agency. The CFPB made […]
US OCC chief calls bank living wills “seriously flawed”, abstains from voting
US Comptroller Gould Abstains from FDIC Vote on Resolution Plans In a surprising move, US Comptroller of the Currency Jonathan V. Gould abstained from a Federal Deposit Insurance Corporation (FDIC) vote on staff feedback relating to the July 2025 Dodd-Frank Act Section 165(d) resolution plans. The FDIC and the Federal Reserve Board published feedback letters […]
Morning Coffee: The billionaire hedge fund manager whose wife disagreed with self-enrichment. The redemption of Morgan Stanley’s tech team
Setting Financial Boundaries: The Importance of Setting a Spending Limit When it comes to managing finances, setting boundaries and limits is crucial to maintaining financial stability and security. Recently, there has been a growing trend among individuals to set a spending limit of $700,000 and insist that they live no more than two miles away […]
Late student-loan payments are rising. Is a domino effect coming?
Implications of the End of Pandemic-Era Forbearance on Student Loans As the pandemic-era forbearance on student loans comes to an end, borrowers have started to feel the pinch. The impact of this development is not only being felt by student loan borrowers, but also by other consumer-lending segments. A recent research study conducted by the […]
JPMorgan chief pushes for more AI experts over traditional hires
JPMorgan CEO Anticipates Shift Towards AI Expertise in Recruitment In a recent interview, JPMorgan CEO Jamie Dimon projected a shift in the bank’s recruitment strategy, with a greater focus on hiring Artificial Intelligence (AI) experts and fewer conventional bankers. This move comes as AI technology continues to gain traction in the banking sector, influencing not […]
Cyber risk management 101 for C-suite finance executives
Cyber Risk Management: A Vital Business Discipline In the realm of financial services, safeguarding customer data, ensuring transaction integrity, and complying with regulatory standards are of utmost importance. Cyber risk management transcends mere protection of IT assets; it is a critical business discipline that plays a pivotal role in safeguarding the balance sheet and reputation […]
‘All of wealth management is going on sale’: Steward Partners CEO on M&A boom
But we realize that a lot of the advisors we’re acquiring have built something that’s very special to them. And if we start messing with that, we’re going to lose the magic that made them successful. So we say, “Keep your name, keep your brand. We’ll give you the compliance, the HR, the IT, the […]
Sponsor bank for Wise, Crypto.com told to fix AML program
The Office of the Comptroller of the Currency (OCC) has ordered Community Federal Savings Bank, a New York-based bank that partners with fintechs such as Wise and Crypto.com, to revamp its anti-money-laundering (AML) program. The bank was found to have systemic issues in its internal controls, including those for customer due diligence, suspicious-activity monitoring, independent […]
Lorna Hajdini’s new lawyer defended a woman at Morgan Stanley accused of assaulting a male colleague
Changes in Court Case Involving Chirayu Rana and Lorna Hajdini Changes are occurring in the court case involving Chirayu Rana, the former JPMorgan VP who claims he was sexually assaulted by colleague Lorna Hajdini, who in turn absolutely denies this and is countersuing Rana. Firstly, and as reported by the New York Post, Rana’s lawyer […]