BankThink
The Internal Revenue Service holds a massive trove of sensitive data about American taxpayers that would be of inestimable value to a company operating in the private sector. Protecting it is a matter of national security.
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The GENIUS Act is an ill-conceived bill that will allow the largely unregulated sale of stablecoins to the public. The risks it poses for investors, the financial system and the broader economy are unacceptably high.
March 6
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As home to the world's biggest financial center, New York state is in a uniquely powerful position to hold banks to the climate pledges they now seem prepared to break.
March 5
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Artificial intelligence will make finance more efficient, reduce inefficiencies and empower professionals to do more with less. But the need for human judgment, leadership and risk-taking? That's not going anywhere.
March 4
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In the new open banking world, banks are no longer just service providers but platform enablers that offer everything from payment processing to account verification through application programming interfaces.
March 3
First Busey finalized its acquisition of CrossFirst Bankshares; American Express agreed to buy expense management firm Center; Valley National Bank appointed a new president of commercial banking and a new CFO; and more in this week's banking news roundup.
Six proposals involving the purchase of a bank were terminated or rejected in 2024.
The top five bank M&A deals had an average deal value to tangible common equity ratio of nearly 185%.
BankThink is American Banker's platform for informed opinion about the ideas, trends and events reshaping financial services. View our