The agency's principals are scheduled to meet Dec. 15 to vote on a new definition for brokered deposits and on regulatory standards for industrial bank parents. ... Read full article
JWTT, created by former Wedbush Securities bankers, says it will use its connections to court business from other investment banks that were recently sold. ... Read full article
The fintech company, which was forced to rebrand its cash management product last year after misleading marketing caused a backlash, is seeking a national bank charter. ... Read full article
Copying big banks, smaller institutions are pairing with robos to meet changing mass-affluent preferences in long-term investment products. ... Read full article
The German banking giant isn’t targeting a specific level of cuts in the U.S. and the final figure will depend on each business line’s decisions, a source said. The U.S. makes up about one-tenth of its global workforce. ... Read full article
The Trump administration’s interest in reinstating barriers between commercial and investment banking is sparking conversations about what such a proposal would entail. ... Read full article
