Boosting interoperability and speed while cutting risk, wholesale CBDCs would be a boon for cross-border settlements but are still very much in the experimental phase, making co-operation between central banks vital for success.
The OCC has announced a new fintech office in response to rising financial digitalisation, creating a fork in the road that leads either to rigid regulation or innovation inspiration.
The US plans for the introduction of FedNow, its real-time payments solution – but decades after some other countries. What took so long?
Rapid regional bank growth is leading some players into “too big to fail” territory, guiding regulators to consider new debt requirements.
The World Bank chief’s awkward stance on global warming has accelerated calls for multinational development banks to get an overhaul.
The US, EU and UK have imposed an increasingly complex regime of sanctions on Russia as the war in Ukraine has evolved.
While aware of the challenges ahead, the country’s huge network of small and mid-sized banks believe they are in a strong position and remain optimistic about the long-term outlook.
A Republican push-back against ESG could force banks to choose between red and blue states, in spite of poor outcomes in Texas.
US fintechs are breaking down language barriers to the rapidly growing Hispanic market, which is also capturing the investment interest of major US lenders.
Directed by its ambitious chair, Gary Gensler, the SEC is pursuing an agenda which many in the industry believe is too much, too quickly, and it looks set to face legal challenges.
Following a profit squeeze last year, the US banks benefitted from a more resilient economy than expected.
The US Treasuries market remains vulnerable to more dysfunctional episodes as crises are happening more often, which is heaping pressure on policy-makers to find structural fixes.
International banks face numerous challenges in leaving Russia, even after they have made their exit.
The US Federal Reserve has a full agenda as it engages in battle with rising inflation.
Strong profitability, soundness, leverage and return-on-risk metrics put Discover Financial Services at the top of our best-performing banks ranking.
High-grade corporate borrowers are most at risk to the tightening of monetary policy, with an increase in supply but lower demand. Burhan Khadbai reports.
Digital connectivity is at the heart of the modern economy and will play an even greater role in the future. Digital infrastructure, and its financing, has a crucial role in supporting that future.
As US cryptocurrency markets continue to grow, so too does regulatory interest. But there is also an increasing acceptance of the central role that crypto will play in the financial system of the future. Kiara Taylor and Marie Kemplay report.
Surge in profits driven by pandemic rebound and M&A bonanza unlikely to last, say analysts.
A renewed interest in antitrust could mean greater scrutiny ahead of mergers – including banking consolidation – and even the prospect of curbs on US tech giants.