Fifth Third’s new chief legal counsel, Jelena McWilliams, might be changing jobs again and Australia’s first female bank CEO tells all in a memoir. Plus, the advantage with female founders, and young feminists on the rise.
The OCC's move to solicit feedback on rolling back the Volcker Rule was only the first step in a long process, yet observers say it shows how fractured the five agencies tasked with implementing the proprietary trading ban have become.
With fewer CMBS deals coming to market — partly as a result of risk-retention rules — an independent finance company like Ladder Capital can’t always wait to piggyback on Wall Street’s transactions.
The key to an unsolicited bid is to avoid looking like a bully. That requires clear communication with a target's investors, employees and clients — along with any other banks you might eventually want to buy.
The Federal Reserve Board released a proposal Thursday that is designed to clarify the agency's expectations for the biggest banks' boards of directors.
The bank agreed to pay $4.6 million to settle charges it didn't tell consumers why their checking account applications were rejected; Winklevoss brothers to supply bitcoin data to Chicago exchange.
Online lending platform Kabbage announced Thursday it has raised $250 million from Japanese telecom giant SoftBank, marking its largest equity fundraising round to date.
So-called transitional lending has traditionally been kept on balance sheet; but it’s become attractive to bundle the loans for transactions called (take a deep breath) commercial real estate collateralized loan obligations. Can investors stomach the features these deals sported before the crisis?